Foundations of Business Management syllabus
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Foundations of Business Management
6 units
1 Introduction (5 LHs)
2 Business Environment Analysis (5 LHs)
3 Planning and Decision-Making (5 LHs)
6 Controlling and Contemporary IT Issues (6 LHs)
1. Introduction (5 LHs)
- Concept and nature of business and management
- Concept and nature of business and management
- Management functions
- Management functions
- Evolution of management theories and rise of digital management
- Evolution of management theories and rise of digital management
- Managerial roles in technology- driven organizations
- Managerial roles in technology- driven organizations
- IT-enabled business models (e-commerce, digital platforms, cloud- based firms)
- IT-enabled business models (e-commerce, digital platforms, cloud- based firms)
- Management challenges and opportunities
- Management challenges and opportunities.
2. Business Environment Analysis (5 LHs)
- Meaning and role of business environment
- Meaning and role of business environment
- Classification of business environment
- Classification of business environment
- Internal environment
- Internal environment: organizational culture, organizational structure, human and physical resources, digital culture, IT resources, knowledge management
- External environment
- External environment: digital economy, emerging technologies
- PESTLE and SWOC in IT-based business
- PESTLE and SWOC in IT-based business
- Data-driven decision support for environmental analysis
- Data-driven decision support for environmental analysis
- Cyber laws, digital ethics, and corporate governance
- Cyber laws, digital ethics, and corporate governance.
3. Planning and Decision-Making (5 LHs)
- Concept and Significance of planning in organization
- Concept and Significance of planning in organization
- Types of planning
- Planning in digital organizations (agile, adaptive, real-time planning)
- Planning in digital organizations (agile, adaptive, real-time planning)
- IT-enabled strategic planning
- IT-enabled strategic planning (Enterprise Resource Planning, Business Intelligence Systems, Customer Relationship Management Analytics)
- Decision-making models using Decision Support System, AI, and Machine Learning insights
- Decision-making models using Decision Support System, AI, and Machine Learning insights
- Scenario analysis and digital forecasting tools
- Scenario analysis and digital forecasting tools.
4. Organizing and Digital Workforce Management (5 LHs)
- Meaning and principles of organizing
- Meaning and principles of organizing
- Organizational designs
- Organizational designs
- IT in staffing, e- recruitment, and applicant tracking systems
- IT in staffing, e- recruitment, and applicant tracking systems
- HR analytics and AI-driven performance management
- HR analytics and AI-driven performance management
- Remote working systems, collaboration technologies, and cybersecurity issues
- Remote working systems, collaboration technologies, and cybersecurity issues.
5. Leadership (6 LHs)
- Concept and Functions of Leadership
- Concept and Functions of Leadership
- Leadership qualities
- Leadership qualities
- E-leadership and digital leadership competencies
- E-leadership and digital leadership competencies
- Motivational approaches in technology-driven workplaces
- Motivational approaches in technology-driven workplaces
- Teamwork in virtual teams
- Teamwork in virtual teams
- Communication technologies
- Communication technologies
- Fostering innovation culture
- Fostering innovation culture.
6. Controlling and Contemporary IT Issues (6 LHs)
- Meaning of controlling
- Meaning of controlling
- Tools for controlling
- Tools for controlling: Digital dashboards, KPIs, and Analytics- based control systems
- Management Information System (MIS) and Automated Evaluation Systems
- Management Information System (MIS) and Automated Evaluation Systems
- Quality management using IT (TQM software, Six Sigma tools)
- Quality management using IT (TQM software, Six Sigma tools)
- Contemporary IT issues in management
- Contemporary IT issues in management: Artificial Intelligence, Automation, Digital Transformation, Agile Management
- Sustainability, CSR, and green technologies in business management
- Sustainability, CSR, and green technologies in business management.