units

MBA5510

Faculty of Business and Economics

18 September 2017 26 April 2024

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Business and Economics

Organisational Unit

MBA Program

Coordinator(s)

Dr Paul Kalfadellis

Offered

Not offered in 2016

Synopsis

This case-based unit is designed to provide an overview of the strategic economic and legal environment of business at the global, market, and organisational levels and the role of individuals in such an environment. The focus of this unit will be to investigate important socio-political/legal dimensions and the contemporary context of senior managerial decision making. To this end, students will examine the myriad issues challenging the pursuit of sustainable business practice as a precursor to the more detailed consideration of functional methods that help inform these decisions that will follow in the subsequent module.

Outcomes

The learning goals associated with this unit are to:

  1. introduce students to a preliminary overview of the economic, legal, political and social environment in which day to day business operations are managed
  2. illustrate the role of markets, the organisation and the individual in such an environment in determining business outcomes
  3. explain the development of business regulation in terms of contracts, employment, market power and environmental management
  4. facilitate an understanding of the role of globalisation and technological change in relation to the growth of economies and sustainability
  5. apply critical thinking to case-based analysis
  6. develop capabilities to be future generators of sustainable economic, social and environmental value for business.

Assessment

Within semester assessment: 50%
Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Paul Kalfadellis

Co-requisites

Students must be enrolled in 0028 Master of Business Administration to undertake this unit.