MGTU9S3: Fundamentals of Business & Management

Semester: Autumn

Level: 8

Credit Value: 20

Module Coordinator: Christine Taylor, Management, Work & Organisation Division

Contact Hours: 30 hours

Assessment: 50% coursework; 50% examination

Building on the ideas from MGTU9S1 and MGTU9S2, this module explores management as an essential component of all organisations. Some businesses may have predominantly commercial objectives, while other organisations may have more complex social objectives. The common themes will be explored across a variety of types of organisations, while emphasising the specific challenges found in different organisational contexts.

A major focus of this module is the need to co-ordinate the different specialist management functions to deliver the organisation’s objectives. To this end, the problems and mechanisms for achieving effective integration of management action will be explored and analysed. A key outcome will be an appreciation of the different contributions of the various management functions and their integration in a successful organisation, whether a commercial business or a non-profit making organisation.

Learning Outcomes:

  • Specific knowledge and understanding of current developments in the subject.
  • The operational challenges facing managers striving to balance demand and resources.
  • The use of models in supporting decision making.
  • The role of performance management in monitoring and controlling the operational actions and their contribution to the organisation’s objectives.
  • The value of strategy in providing a vision to help integrate management actions in meeting the overall objectives.
  • The need to integrate individuals’ expertise through effective teamwork and leadership.

 

This module information is representative of what is included in the module in a given year. Details of actual reading, lectures and coursework may vary year to year and will be available at the beginning of the semester.

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