Level 7 Diploma in Business Management

This unit will provide the strategic understanding of:

• the nature, scope and need for strategic business management and planning in international profit and not-for-profit organisations
• a range of classical and contemporary models, concepts and tools in business strategy and planning
• the processes by which organisations identify and develop their goals and values
• the impact of political, economic, social, technological, environmental and legal factors
• the key forces that represent both opportunities and threats to organisations whether for profit or not-for-profit
• the strategy process for an organisation to achieve competitive advantage
• the future challenges affecting strategic business management and planning.

This unit will provide the strategic understanding of:

• how to use financial statements to evaluate performance, and understand the limitations of such analysis
• how to use, and appraise the effectiveness of, management accounting information in the planning and control of an organisation’s resources
• how to critically appraise and evaluate contemporary management accounting methodology to support the effective management and control of resources
• how to identify and critically assess the management and performance of tangible and intangible resources in business strategy and planning
• organisational objectives and alternative finance available to fund the achievement of these objectives
• how to use financial data, techniques and tools to evaluate long term capital decisions
• the international aspects of financial strategy
• the sources and consequences of risk for organisations and know how these risks may be managed.

This unit will provide a strategic understanding of:

• the contribution that an organisation’s employees can make to competitive advantage and the advancement of the strategic vision and values
• be able to apply appropriate strategies for people resourcing, retention and development
• strategies for enhancing employee commitment and engagement within an organisation
• the potential value of leadership approaches linked to High Performance Working (HPW) at all levels in the organisation (strategic, managerial and operational/tactical)
• be able to implement the theories, concepts and techniques associated with organisational change
• how to apply the capabilities associated with the effective management of change, and be able to maximize the contribution of people, within an HPW culture.

This unit will provide a strategic understanding of:

• how to analyse the business environment and development of a business organisation which operates worldwide
• the relationships between an organisation’s resources, product/services and its environment
• how to evaluate business ethics from a worldwide perspective
• the concepts and perspectives of Corporate Governance in an organisation which operates worldwide
• the impact of corporate social and environmental responsibility on organisations
• how organisations manage corporate governance and ethics in order to achieve corporate goals
• how to implement and monitor ethical and governance issues in developing an appropriate corporate strategy.

This unit will provide a strategic understanding of:

• the role of research methods, as used in business
• how to research methodologies that relate to business research
• how to develop research designs from quantitative and qualitative perspectives
• how to set research objectives and plan a research project
• management, business and marketing theory and the relevant literature from varied sources that contribute to the research project
• how to determine a specific marketing related research issue, set research objectives, plan and carry out a research project, critically analyse and evaluate evidence, and report the findings and outcomes
• how to design the data collection surveys from quantitative and qualitative perspectives, evaluate the contrasting research methodologies and determine the best approaches to obtain the required data
• how to write up the results of the project as a business consultancy report.