MM0IBJ-An Introduction to Business and Management

Module Provider: International Business and Strategy
Number of credits: 40 [20 ECTS credits]
Level:F
Terms in which taught: Autumn / Spring / Summer term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2019/0

Module Convenor: Dr Denise Tsang

Email: d.tsang@henley.ac.uk

Type of module:

Summary module description:

This module covers the fundamental theories in the domain of business and management.


Aims:

The aims of this module are:



1. To develop in students an enthusiasm for studying business and Introduction to Business and Management



2. To provide students with a sound knowledge of the key principles and concepts on which business, Introduction to Business and Management and finance practice are based.



3. To make students aware of the role of corporate governance in organisations and the ethical issues faced by organisations and the individuals in them. 



4. To gain an holistic understanding of business and organisations.



5. To encourage students to engage critically with theory, by generating creative solutions to business problems and issues presented as case studies and by evaluating theory in extended pieces of writing. 



6. Students will also have opportunities to demonstrate the skills necessary to study effectively at Henley Business School including decision making, problem solving, challenging assumptions and quantifying and managing information.


Assessable learning outcomes:

By the completion of this module students will be able to:



1. Identify, describe, analyse and evaluate the general objectives of business and the context in which it operates



2. Describe and assess the functions and tasks that businesses perform in order to meet their objectives



3. Describe and discuss the nature, characteristics, advantages and disadvantages of different forms of business and organisational structure



4. Describe, analyse and evaluate the purpose of financial information produced by businesses, the role that the finance function plays in business and sources of finance available to businesses



5. Handle quantitative data in order to provide information suitable for Introduction to Business and Management planning, decision making and control



6. Describe and explain the role that governance and ethics plays in the Introduction to Business and Management of businesses and explain how a business might promote corporate governance, sustainability, corporate responsibility and an ethical culture



7. Describe and explain the impact on a business of the environment in which it operates



8. Apply the above knowledge and understanding to analyse and evaluate case based examples


Additional outcomes:

Students will also be able to demonstrate an improvement in their ability to think critically, to organise their thoughts logically, and to argue persuasively.


Outline content:

: Business Management and Marketing



: Business objectives and environment 



: Business objectives and business structures 



: Business functions – marketing 



: Finance and financial information 



: Governance and ethics 



: Strategy and strategic management


Global context:

Global environment, case studies and examples drawn from around the world.


Brief description of teaching and learning methods:

The module will be taught through a combination of lectures, workshops and seminars (discussions or presentations). Tutorials allow students to work through examples at their own pace.


Contact hours:
  Autumn Spring Summer
Lectures 30 21 12
Seminars 20 14 8
Tutorials 10 7 4
Guided independent study:      
    Wider reading (independent) 15 15 20
    Wider reading (directed) 30 20 10
    Exam revision/preparation 40
    Advance preparation for classes 10
    Preparation for seminars 20 20 14
    Revision and preparation 30 30
       
Total hours by term 155 137 108
       
Total hours for module 400

Summative Assessment Methods:
Method Percentage
Written exam 50
Report 20
Class test administered by School 30

Summative assessment- Examinations:

One final 2-hour exam in summer (July-August): 50%.


Summative assessment- Coursework and in-class tests:

Week 11 of spring term (January-March) in-class test:  1 x 1.5 hour test. (10%)



Week 7 of summer term (April-June) group report: about 2,200 words (20%)



Week 8 of summer term (April-June) in-class test:  1 x 1.75 hour test. (20%)


Formative assessment methods:

Mock test, group work, Q&A, report.


Penalties for late submission:
The Module Convener will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day[1] (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

  • The University policy statement on penalties for late submission can be found at: http://www.reading.ac.uk/web/FILES/qualitysupport/penaltiesforlatesubmission.pdf
    You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

    Assessment requirements for a pass:

    40% to qualify for a non-Management degree programme.



    70% to qualify for a Henley Business School degree programme.


    Reassessment arrangements:
    Re-examination in August/September.

    Additional Costs (specified where applicable):

    Required text books  - Stimpson, P. and Farquharson, A. (2014) Cambridge International AS and A level Business course book (3rd ed.)



    About £30 pounds per book without discount


    Last updated: 8 April 2019

    THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.

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