Management and Operations

Learning Outcomes

By the end of this unit a student will be able to:

1 Differentiate between the role of a leader and the function of a manager.

2 Apply the role of a leader and the function of a manager in given contexts.

3 Demonstrate an appreciation of the role leaders and managers play in the operations function of an organisation.

4 Demonstrate an understanding of the relationship between leadership and management in a contemporary business environment.


Management Accounting

Learning Outcomes

By the end of this unit a student will be able to:

1 Demonstrate an understanding of management accounting systems.

2 Apply a range of management accounting techniques.

3 Explain the use of planning tools used in management accounting.

4 Compare ways in which organisations could use management accounting to respond to financial problems.


Managing a Successful Business Project

Learning Outcomes

By the end of this unit a student will be able to:

1 Establish project aims, objectives and timeframes based on the chosen theme.

2 Conduct small-scale research, information gathering and data collection to generate knowledge to support the project.

3 Present the project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis.

4 Reflect on the value gained from conducting the project and its usefulness to support sustainable organisational performance.



Business Law

Introduction

The aim of this unit is to enhance students’ understanding of how business law is applied to the running of a company. Students will gain knowledge of business law and examine the impact of the law on business operations and decision-making.

Throughout the unit students will identify legal solutions available to business owners and assess their suitability. Their experiences in this unit will help them better understand the areas of law in which they will want to specialise. They will be able to illustrate the impact of the law on normal business operations and when registering a company and inviting shareholders to invest in it. They will gain an understanding of the law in relation to market abuse and director responsibilities. Students will be able to recognise the application of employment law between employers and employees.

 

Learning Outcomes

By the end of this unit a student will be able to:

1        Explain the basic nature of the legal system.

2        Illustrate the potential impact of the law on a business.

3        Suggest appropriate legal solutions to business problems.

4        Recommend appropriate legal solutions based upon alternative legal advice provided.



Entrepreneurship and Small Business Management

Introduction

This unit provides students with an understanding of the definition and scope of entrepreneurship and an understanding of the enablers and barriers to business start-up.

Students will learn about the influence of national culture and economy on entrepreneurship and will explore the personal characteristics of entrepreneurs and the impact of personal situational factors, including education and background.

Students will also learn about the role and importance of small firms to the economy, and about social enterprise and the social economy. Students will also be expected to understand the balance of risk and reward in starting a new venture and they will investigate and reflect on their own entrepreneurial and enterprising characteristics. Examples of entrepreneurs and start-up organisations will be discussed and students will be expected to draw on local, personal and general knowledge together with their learning to be able to identify the characteristics of entrepreneurial ventures.

 

Learning Outcomes

By the end of this unit a student will be able to:

1        Explore and illustrate the range of venture types that might be considered entrepreneurial.

2        Assess the impact of small businesses on the economy.

3        Determine and assess the key aspects of an entrepreneurial mindset.

4        Examine the different environments that foster or hinder entrepreneurship.



Business Strategy

Introduction 

The aim of this unit is to develop students’ awareness of the different kinds of strategy which could be used in an operational, tactical or strategic role for an organisation. This will be underpinned by a thorough knowledge and understanding of the theories, models and concepts which could significantly support an organisation’s strategic choice and direction. On successful completion of this unit students will have developed sufficient knowledge and understanding of strategy to make a positive, efficient and effective contribution to the development of business plans and operational direction. This could be in the role of a junior manager responsible for having a specific input into an organisation’s decision-making and planning. 

Learning Outcomes 

By the end of this unit a student will be able to: 

1. Analyse the impact and influence which the macro environment has on an organisation and its business strategies. 

2. Assess an organisation’s internal environment and capabilities. 

3. Evaluate and apply the outcomes of an analysis using Porter’s Five Forces model to a given market sector. 

4. Apply models, theories and concepts to assist with the understanding and interpretation of strategic directions available to an organisation.

Organisational Behaviour

Introduction 

The aim of this unit is to develop a student’s understanding of the influence culture, politics and power have on the behaviour of others in an organisational context. Students will be in a position to apply the principles of organisational behaviour to a variety of business situations. On successful completion of this unit students will have an understanding and awareness of key influences which affect the behaviour of individuals, teams and organisations as a whole. They will be able to use this knowledge to make an immediate and positive contribution in the workplace, whether that role is as part of a team or as a team leader. This will be achieved through a strong appreciation of working in a team, having a more profound perspective of what makes people and organisations do what they do, and how to adjust one’s own behaviour to reflect the circumstances and situation. 

Learning Outcomes 

By the end of this unit a student will be able to: 

1. Analyse the influence of culture, politics and power on the behaviour of others in an organisational context. 

2. Evaluate how to motivate individuals and teams to achieve a goal. 

3. Demonstrate an understanding of how to cooperate effectively with others. 

4. Apply concepts and philosophies of organisational behaviour to a given business situation.

Developing Individuals, Teams and Organisations

Introduction 

The aim of this unit is to provide students with the opportunity to appreciate that developing knowledge and skills to achieve high performance is a cross-organisation activity. Students will recognise that their own professional development is just one route to improving the performance of those teams and organisations in which they work. They will also gain an awareness of the context in which learning takes place and how development needs are linked to learning interventions aimed at supporting an organisation’s strategy. On successful completion of this unit, students will have laid the foundations for their own continuing professional development which will support their future engagement in lifelong learning. They will also be able to contribute to the development of others and make a positive contribution to the sustainable growth of an organisation. Pearson BTEC Levels 4 and 5 Higher Nationals in Business Specification – Issue 5 – July 2019 © Pearson Education Limited 2019 298 

Learning Outcomes 

By the end of this unit a student will be able to: 

1. Analyse employee knowledge, skills and behaviours required by HR professionals. 

2. Analyse the factors to be considered when implementing and evaluating inclusive learning and development to drive sustainable business performance. 

3. Apply knowledge and understanding to the ways in which high-performance working (HPW) contributes to employee engagement and competitive advantage. 

4. Evaluate ways in which performance management, collaborative working and effective communication can support high-performance culture and commitment.