MGF5800 Global business
Faculty of Business and Economics
MGF5800 Global business is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 1 and Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2024
- Semester 1, Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before MGF5800
Prohibitions
You can't enrol if you have passed any of these.
After MGF5800
No unit lists MGF5800 as a prerequisite in the 2024 handbook.
Enrolment rules
You must be enrolled in course B4001, B6005, B6006, B6009, B6010, B6014, B6018, B6020, B6037, B6038, B6040, B6041, B6042, B6044, B6045, B6046, B6047, B6048, B6049, B6050 or B6060 to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit provides an overview of the strategic, economic, political and legal environment in which business operates at the global level. It considers the role that individuals, organisations and governments play in the operation of the market both domestically and internationally. The focus of this unit will be to investigate the political economy of the contemporary world and the context that underpins managerial decision making. To this end, you will examine the myriad of global and domestic issues challenging the pursuit of sustainable business practice as a precursor to more specific units that help inform the management of business operations.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | Flexible |
| Second semester | Caulfield | Flexible |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
gain a preliminary overview of the economic, legal, political and social environment in which business operations are managed
- 2
illustrate the interaction that takes place among individuals, organisations, and governments in determining business outcomes
- 3
facilitate an understanding of the role of globalisation in relation to the growth and interdependency of economies
- 4
understand how technological disruption and innovation allow for the development of capabilities that provide value for business
- 5
assess the need for business to be ethical and socially responsible
- 6
apply critical thinking to case-based analysis
- 7
demonstrate knowledge or skills for crafting sustainable futures for people, organisations, communities, and/or the environment.
Workload and teaching
- Lectures12 hours
- Tutorials24 hours
- Teaching approachActive learning
- Teaching approachCase-based teaching
- Teaching approachResearch activities
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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
Where it fits
MGF5800 is part of 1 area of study in the 2024 handbook.
Contacts
- Chief Examiners
- Dr Roshni Ali
Common questions
What are the prerequisites for MGF5800?
MGF5800 has no prerequisites, but enrolment rules apply.
When is MGF5800 offered?
In 2024, MGF5800 runs in Semester 1 and Semester 2 at Caulfield.
How much work is MGF5800?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does MGF5800 have an exam?
No. MGF5800 has 1 assessment task and no exam.
Which majors and minors include MGF5800?
MGF5800 is part of International business.