6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- First semester 2019 (On-campus)
- Second semester 2019 (On-campus)
- Summer semester B 2019 (On-campus block of classes)
Students must have completed the six compulsory core units (or equivalent), four 2nd level units and two 3rd level units.
This is an interdisciplinary capstone unit for the Bachelor of Business Science program. It aims to help students integrate the diverse discipline knowledge and skills they acquired in prior studies and apply their learning to solve business problems. Students will identify innovative solutions to problems in a simulated experiential environment from a total organisation perspective. In the unit students are expected to bring together all the essential elements of running a business including strategic planning, leadership, ethical decision making, teamwork, cause and effect relationships between functional areas (research and development, marketing, production and finance), satisfying customer demands, and competitive analysis in a simulated learning environment. More specifically, students will learn the value of 'focusing' on the strategic implementation process, understand how decisions in one part of the business impacts other parts of the business, practice decision-making as a team across all key areas of a business, use the information from balance sheets, income statements and cash flow statements to improve business decision making, analyse competitors' performance and market positioning and build core competencies within the business to take a differentiation or low cost position in the marketplace.
The learning goals associated with this unit are to:
- integrate prior knowledge gained from the degree to make business decisions
- critically evaluate the interrelationship of various functional areas of business taking into consideration the diversity of possible influences on the areas
- formulate and apply a framework for ethical decision making when dealing with an ethical dilemma in business
- demonstrate appropriate communication, collaboration, cooperation and related skills required to work effectively in team environments.
Within semester assessment: 100%
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