BEX5601 Business environment
Faculty of Business and Economics
BEX5601 Business environment is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 and Semester 2 at Caulfield and Suzhou. It has no prerequisites.
- Credit points
- 6
- Offered in 2022
- Semester 1, Semester 2
- Caulfield, Suzhou
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2023 entry.
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Overview
This unit introduces you to the environment in which organisations operate. From a macro perspective the unit provides an overview of the political, legal, social, economic and technological contexts in which business operates, the role of nations and their 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.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| First semester | Suzhou | On campus |
| Second semester | Caulfield | On campus |
| Second semester | Suzhou | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able 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.
Workload and teaching
- Workshops24 hours
- Seminars24 hours
- Teaching approachActive learning
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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Associate Professor Nell Kimberley
Common questions
What are the prerequisites for BEX5601?
BEX5601 has no prerequisites.
When is BEX5601 offered?
In 2022, BEX5601 runs in Semester 1 and Semester 2 at Caulfield and Suzhou.
How much work is BEX5601?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BEX5601 have an exam?
No. BEX5601 has 1 assessment task and no exam.