BEX5601 - Business environment - 2019

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.


Business and Economics

Chief examiner(s)

Associate Professor Nell Kimberley

Unit guides



  • First semester 2019 (On-campus)
  • Second semester 2019 (On-campus)


Students must be enrolled in course B6005.


This unit introduces students to the environment in which organisations operate. From a macro perspective the unit provides an overview of the political, legal, social, economics and technological contexts in which business operates, the role of the states and its relationship to business and society. The unit also provides a brief look at the international environment in which business operates including cross cultural issues that may affect business operations. Continuing the understanding of the macro environment the unit considers the competitive and regulatory environment in which business operates and this is followed by a consideration of the changing global financial situation and its impact on markets and risk management. Along with the strategic economic and legal environment of business at the global, market and organisational levels, this unit will focus on the impact of new and emerging technology on business outcomes.


The learning goals associated with this unit are to:

  1. evaluate the economic, technological, political, and social environment in which business operations are managed
  2. critically evaluate the role of ethics in business
  3. critically evaluate the role of globalisation and technological disruption and their impact on business
  4. apply critical thinking skills to practical business issues
  5. develop capabilities in economic, social, and environmental value for business.


Within semester assessment: 100%

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