Business Studies:Single

Course summary

Business is a dynamic and relevant subject which aims to enable students to develop an understanding of how a business functions and makes decisions. The subject provides a good foundation for further studies in this area and is very useful for students who intend to pursue a career in a business organisation. -the importance of the context of business in relation to decision making -the interrelated nature of business activities and how they affect competitiveness -the competitive environment and the markets in which businesses operate -the influences on functional decisions and plans including ethical and environmental issues -the factors that might determine whether a decision is successful eg the quality of data and the degree of uncertainty -how technology is changing the way decisions are made and how businesses operate and compete -the impact on stakeholders of functional decisions and their response to such decisions -use of non-quantitative and quantitative data in decision making (including the interpretation of index numbers and calculations such as ratios and percentages).