IB3MT-15 Business in Action
Introductory description
This is an elective module designed specifically for non-WBS students. To find detailed availability and to apply for this module, log in to my.wbs.ac.uk using your normal IT login details and apply via the my.wbs module application system. Once you’ve secured a place on my.wbs you should apply via your home department’s usual process, which usually takes place via eVision. Note that you do not require the module leader’s permission to study a WBS module, so please do not contact them to request it.
This module is specifically designed for non-WBS students at Level 6 who are interested in gaining exposure to the field of business and the practice of management in their final year of study. Students are introduced to core subject areas such as strategy, marketing, accounting, and operational management in a series of masterclasses at the outset of the module. Through active engagement in a business simulation, students then have the opportunity to experience the interaction between different business functions, appraise their different roles and reflect critically upon the challenges they encountered.
Module aims
The principle aims of this module:
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To introduce students to a range of important functional areas within an organisation
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To facilitate students' critical appraisal of the relative roles and functional relationships within an organisation
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To support a process of critical reflection by students when considering the impact of strategic choices upon organisational outcomes.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
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Introduction:
Introduction to Business and Management -
Strategy:
Introduction to 'strategy';
The application of strategic models to secure long-term organisational success -
Marketing:
Introduction to 'marketing',
The role and function of marketing over the course of the customer/consumer journey -
Accounting:
Introduction to 'accounting';
Analysing management accounts to inform strategic decision-making -
Operations Management:
Introduction to OM;
Appraising how businesses function on a daily basis -
Simulation preparation:
Working in Teams
Planning and organisation
Resolving conflict
Learning outcomes
By the end of the module, students should be able to:
- Reflect upon the role and purpose of a range of functional areas that exist within an organisation.
- Analyse a context and propose potential solutions to achieve given objectives.
- Reflect critically upon a course of action taken and appraise sources of both success and failure.
- Critically reflect upon the challenges of managing a multifunctional organisation.
- Differentiate and critically appraise the contribution that different business functions make to the effective functioning of an organisation.
- Analysis a given business scenario and evaluate the relative strength and value of a range of strategic options.
- Critically appraise actions taken individually and collectively as a group, to identify causes of relative success and failure.
- Critically reflect upon their performance within the module and what they might do differently in future.
Indicative reading list
There is no single text for this module as texts will be subject-specific. Students will be signposted to appropriate texts as they progress through the module and these will be available through the module Talis reading list.
Interdisciplinary
This module is interdisciplinary by nature as students are not only required to explore the different business functions within an organisation but also how they interact and impact upon each other in the course business.
International
The simulation may include some international elements. However, the main source of international content will come from the students taking the module as they are likely to include students from a range of nationalities, each bringing their unique perspective into the business arena.
Subject specific skills
Reflect critically upon a context to inform strategic decision making.
Reflect critically upon the value of working in teams and the challenges of working within and managing a team.
Present their written work in business-appropriate format.
Reflect critically on the purpose and value of business communication and the factors that facilitate and undermine effective communication practice.
Transferable skills
Communicate effectively both orally and in writing in a business-appropriate manner.
Work effectively in a team to deliver mutually agreed goals
Demonstrate a growth mindset through critical reflection upon individual and team performance to identify areas for improvement.
Study time
Type | Required |
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Lectures | 10 sessions of 1 hour (6%) |
Seminars | 9 sessions of 1 hour (6%) |
Online learning (independent) | 10 sessions of 1 hour (6%) |
Private study | 48 hours (29%) |
Assessment | 86 hours (53%) |
Total | 163 hours |
Private study description
Directed reading; seminar preparation, private study.
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A
Weighting | Study time | Eligible for self-certification | |
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Assessment component |
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Individual Assignment | 70% | 51 hours | Yes (extension) |
Reassessment component is the same |
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Assessment component |
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Group Assignment | 30% | 35 hours | No |
A business simulation exercise |
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Reassessment component is the same |
Feedback on assessment
Feedback will be provided via my.wbs.
Courses
This module is Optional for:
- Year 1 of UIOA-EEU Undergraduate EU Exchange
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UIOA-EOS Undergraduate Overseas Exchange
- Year 1 of UEOS Undergraduate Overseas Exchange
- Year 1 of UEOS Undergraduate Overseas Exchange
- Year 1 of UIOA-EUS Undergraduate USA Exchange