The purpose of this unit is to introduce learners to the theory and practices related to an organisation’s human resources. It exposes learners to the components of human resource management (HRM) practices and to the skills of HRM through a range of case studies.

Learning Outcomes

1. Demonstrate an understanding of the nature and scope of HRM and its importance to the effective management of organizations;
2. Describe the pivotal areas of HRM in a range of organisational contexts;
3. Understand how to apply HRM concepts and theories to address business problems and issues; and
4. Assess contemporary issues affecting strategic human resource management.

This unit aims to give learners a detailed understanding of the marketing planning process and to apply these principles to a variety of business contexts. It also enables learners to develop a thorough understanding of how a comprehensive environmental analysis can lead to the development of appropriate objectives and strategies to enhance operational marketing performance.

Learning Outcomes

1. Understand the principles of marketing and its role in business practice;
2. Evaluate approaches to marketing analysis;
3. Analyse strategic marketing decisions and choices;
4. Assess how marketing strategies can contribute to competitive advantage.

The unit develops the skills needed to prepare Financial Statements which comply with legal and regulatory requirements for a variety of organisations using a range of techniques

Learning Outcomes

1. Evaluate accounting concepts and conventions;
2. Preparation of financial statements for sole traders, partnerships and limited firms from ledger accounts and Incomplete Records;
3. Evaluate financial performance; and
4. Develop an understanding of the UK Regulatory Framework.

The unit aims to develop learners understanding of the concepts and principles of business law and the ability to apply them to practical situations.

Learning Outcomes

1. Demonstrate an understanding of types of laws, legal systems, contracts law of the UK and reflect on international businesses;
2. Apply the main concepts and principles of consumer & company law to given situations
3. Evaluate employment and consumer law; and
4. Understand competition and the right to compete in the UK.

The unit aims to provide learners with a broad understanding of the roles and requirements for businesses to embed ethics and incorporate social responsibility. It provides learners with an understanding of the issues surrounding corporate social responsibility and ethics from national and international perspectives. Significant emphasis is placed on the role that corporate governance plays in ensuring accountability to the owners and other stakeholders in the firm.

Learning Outcomes

1. Demonstrate an understanding of the different perspectives on ethics and its relevance to business;
2. Interpret the importance of the roles of directors, investors and other stakeholders in ensuring transparency and credibility in company reporting practices;
3. Understand the issues which inform company reporting and their impact on society; and
4. Evaluate ethical dimensions of businesses and the impact of CSR strategies on businesses.