This unit prepares students for real-world challenges and opportunities in the business environment, enhancing their employability and professional growth. By understanding complex business concepts and practices, students will be able to make informed decisions, improve organisational effectiveness, and contribute to sustainable business practices.
Students will learn how businesses set their goals and strategies and how to make decisions that align with them. Students will develop skills to improve personal effectiveness through effective time management and enhancing communication skills. Students will also gain a sound understanding of promoting equality, diversity and inclusion (EDI) in the workplace, and managing change effectively.
Students will be equipped with the skills to collect, clean and analyse data, understanding the principles of data protection. They will also learn how a business can use data analytics to make better business decisions.
Students will learn the difference between laws and ethics and the importance of professional ethics in handling ethical conflicts and legal issues. This knowledge will help students navigate complex ethical and legal challenges in their professional roles, ensuring they act with integrity and uphold the highest standards of professional conduct.
Finally, students will understand key sustainability concepts and standards and will learn how to promote sustainable business practices. Students will also be able to recognise the benefits and challenges of implementing sustainability policies.
Percentage contribution of this unit to the overall qualification grade: 20%.
Learning outcomes
- Understand business decision making.
- Understand organisational effectiveness.
- Understand ethics and law in an accounting environment.
- Understand the effective use of data in business.
- Understand the importance of sustainability in business.
