Welcome to the exciting world of Business Management! In this module, you will explore a wide range of organisations, from small start-ups to large multinational corporations, to understand their purpose, mission, vision, and objectives, as well as their structure. You will investigate the internal environment of an organisation, using a SWOT analysis to identify its strengths, weaknesses, opportunities, and threats. You will also analyse the impact of external factors, such as political, economic, social, and technological forces, using a PEST analysis.
As you progress through the course, you will examine the need for organisations to adapt and manage change, exploring various techniques and tools for planning, management control, and measuring performance. You will evaluate budgetary and non-budgetary forms of control, as well as performance indicators.
You will also explore the role of management within an organisation, including planning, organising, motivating, monitoring, reviewing, and controlling. You will examine the difference between management and leadership, and the impact of different management and leadership styles on group and individual performance.
The course will appraise the role of the human resources function and the human resource tools and techniques used to recruit, select, and appraise employees, as well as resolve conflicts within an organisation. You will learn to design a procedure for a management process within an organisation and an appropriate workflow system for a business-related task. You will also compile a report on a management process, including a review and evaluation of the process. Finally, you will evaluate the performance of an individual or group within an organisation, including objectives and performance indicators.
By the end of this course, you will have a comprehensive understanding of Business Management and the skills necessary to be successful in a management role.