School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Understanding Business Decisions
  • Unit Code

    MBA6012
  • Year

    2021
  • Enrolment Period

    1
  • Version

    1
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Mr John Marian KARASINSKI

Description

Understanding Business Decisions forms an important foundation and/or complement to other functional areas covered within the MBA curriculum including business strategy, management, marketing and finance. The unit content provides students with the necessary professional tools and skills to critically interpret and understand the basis for business decisions and their financial impact on a business. As a result of studying this subject, students will be able to make commercially astute business decisions and implement appropriate business choices which improve the overall financial performance of an organisation. The same set of skills can be applied in developing personal commercial strategies. At the completion of the course, students will be able to demonstrate both a detailed understanding of those factors that fundamentally influence firm-level choices from the business environment to the institutional systems and macro-environmental conditions present in an economy.

Non Standard Timetable Requirements

The unit shall be offered in the following modes/locations External (online). Delivery of the unit through an external delivery pattern will occur across traditional semesters. Block (weekend) – ML. Block delivery involves online delivery of material (TEL), coupled with two complete weekends that are separated by a number of weeks. The material delivered via TEL will occur prior to the first block weekend and between the two weekend blocks of face to face teaching. Intensive (week long day classes) – ML and JO. Intensive delivery of material will occur over a number of consecutive days (normally five or six) of teaching. The student will be supported through appropriate TEL.

Learning Outcomes

On completion of this unit students should be able to:

  1. Critically analyse contemporary business decisions made in globally competitive business markets.
  2. Clearly articulate the basis for contemporary business decisions made in globally competitive markets.
  3. Assess the commercial appropriateness of contemporary business decisions including the potential financial impact.
  4. Formulate appropriate alternate business solutions for contemporary business problems.
  5. Work autonomously and in groups to research contemporary business problems and present high quality academic and professional written reports and verbal presentations.

Unit Content

  1. Business location and activity.
  2. Business overheads.
  3. Understanding the customer.
  4. Understanding the retailer.
  5. Doing business when markets fail.
  6. Investing in fixed and human capital.
  7. National performance indicators.
  8. Government policy changes.
  9. Investment, budgets and strategic choices.
  10. Rationale for international commerce.
  11. The role of foreign exchange.

Learning Experience

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
WinterNot Offered5 x 8.5 hour seminarNot Offered

For more information see the Semester Timetable

Additional Learning Experience Information

The skills studied in this course have a universal application enabling students to more clearly understand the basis for the business decisions reported in the media both here as well as overseas. This course is fully supported by weekly applied contemporary case studies designed to reinforce the key and often diverse business concepts studied in each module that are aligned to a student’s professional learning objectives. This course facilitates additional learning through the development of inter-personal skills, team group work and cultural understanding of business decision making.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
Literature ReviewApplied Literature Review, Group Paper and In-Class Oral Presentation. 25%
Research PaperIndividual Business Research Paper Addressing a Contemporary Business Issue. 35%
EssayCritically Analyse a Business Article40%
ONLINE
TypeDescriptionValue
Literature ReviewApplied Literature Review, Group Paper and In-Class Oral Presentation. 25%
Research PaperIndividual Business Research Paper Addressing a Contemporary Business Issue. 35%
EssayCritically Analyse a Business Article40%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

MBA6012|1|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Understanding Business Decisions
  • Unit Code

    MBA6012
  • Year

    2021
  • Enrolment Period

    2
  • Version

    1
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Mr John Marian KARASINSKI

Description

Understanding Business Decisions forms an important foundation and/or complement to other functional areas covered within the MBA curriculum including business strategy, management, marketing and finance. The unit content provides students with the necessary professional tools and skills to critically interpret and understand the basis for business decisions and their financial impact on a business. As a result of studying this subject, students will be able to make commercially astute business decisions and implement appropriate business choices which improve the overall financial performance of an organisation. The same set of skills can be applied in developing personal commercial strategies. At the completion of the course, students will be able to demonstrate both a detailed understanding of those factors that fundamentally influence firm-level choices from the business environment to the institutional systems and macro-environmental conditions present in an economy.

Non Standard Timetable Requirements

The unit shall be offered in the following modes/locations External (online). Delivery of the unit through an external delivery pattern will occur across traditional semesters. Block (weekend) – ML. Block delivery involves online delivery of material (TEL), coupled with two complete weekends that are separated by a number of weeks. The material delivered via TEL will occur prior to the first block weekend and between the two weekend blocks of face to face teaching. Intensive (week long day classes) – ML and JO. Intensive delivery of material will occur over a number of consecutive days (normally five or six) of teaching. The student will be supported through appropriate TEL.

Learning Outcomes

On completion of this unit students should be able to:

  1. Critically analyse contemporary business decisions made in globally competitive business markets.
  2. Clearly articulate the basis for contemporary business decisions made in globally competitive markets.
  3. Assess the commercial appropriateness of contemporary business decisions including the potential financial impact.
  4. Formulate appropriate alternate business solutions for contemporary business problems.
  5. Work autonomously and in groups to research contemporary business problems and present high quality academic and professional written reports and verbal presentations.

Unit Content

  1. Business location and activity.
  2. Business overheads.
  3. Understanding the customer.
  4. Understanding the retailer.
  5. Doing business when markets fail.
  6. Investing in fixed and human capital.
  7. National performance indicators.
  8. Government policy changes.
  9. Investment, budgets and strategic choices.
  10. Rationale for international commerce.
  11. The role of foreign exchange.

Learning Experience

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
WinterNot Offered5 x 8.5 hour seminarNot Offered

For more information see the Semester Timetable

Additional Learning Experience Information

The skills studied in this course have a universal application enabling students to more clearly understand the basis for the business decisions reported in the media both here as well as overseas. This course is fully supported by weekly applied contemporary case studies designed to reinforce the key and often diverse business concepts studied in each module that are aligned to a student’s professional learning objectives. This course facilitates additional learning through the development of inter-personal skills, team group work and cultural understanding of business decision making.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
Literature ReviewApplied Literature Review, Group Paper and In-Class Oral Presentation. 25%
Research PaperIndividual Business Research Paper Addressing a Contemporary Business Issue. 35%
EssayCritically Analyse a Business Article40%
ONLINE
TypeDescriptionValue
Literature ReviewApplied Literature Review, Group Paper and In-Class Oral Presentation. 25%
Research PaperIndividual Business Research Paper Addressing a Contemporary Business Issue. 35%
EssayCritically Analyse a Business Article40%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

MBA6012|1|2