BEX3120 Perspectives on global business issues Unit Guide Semester 1, 2015 Copyright © Monash University 2014. All rights reserved. Except as provided in the Copyright Act 1968, this work may not be reproduced in any form without the written permission of the host Faculty and School/Department. The information contained in this unit guide is correct at time of publication. The University has the right to change any of the elements contained in this document at any time. Last updated: 02 Mar 2015 Table of Contents BEX3120 Perspectives on global business issues - Semester 1, 2015................................................1 Mode of Delivery..............................................................................................................................1 Workload requirements....................................................................................................................1 Unit Relationships............................................................................................................................1 Prerequisites........................................................................................................................1 Chief Examiner(s)........................................................................................................................................1 Campus Lecturer(s).....................................................................................................................................1 Malaysia...........................................................................................................................................1 Tutor(s)........................................................................................................................................................2 Malaysia...........................................................................................................................................2 Your feedback to Us....................................................................................................................................2 Previous Student Evaluations of this Unit....................................................................................................2 Academic Overview...................................................................................................................................3 Learning Outcomes.........................................................................................................................3 Unit Schedule.............................................................................................................................................4 Teaching Approach..........................................................................................................................4 Assessment Summary.....................................................................................................................4 Second marking...................................................................................................................5 Return of final marks............................................................................................................5 Exam viewing.......................................................................................................................5 Assessment criteria..............................................................................................................5 Assessment Requirements......................................................................................................................6 Assessment Tasks...........................................................................................................................6 Assessment task 1...............................................................................................................6 Assessment task 2...............................................................................................................7 Examination(s).............................................................................................................................................8 Examination 1..................................................................................................................................8 Learning resources......................................................................................................................................8 Feedback to you..........................................................................................................................................8 Extensions and penalties.............................................................................................................................8 Returning assignments................................................................................................................................9 Resubmission of assignments.....................................................................................................................9 Referencing requirements...........................................................................................................................9 Assignment submission...............................................................................................................................9 Hard copy submission.....................................................................................................................9 Online submission...........................................................................................................................9 Required Resources....................................................................................................................................9 Prescribed text(s) and readings.......................................................................................................9 Technological Requirements.....................................................................................................................10 Other Information....................................................................................................................................11 Policies..........................................................................................................................................11 Graduate Attributes Policy.................................................................................................11 Student Charter.........................................................................................................................................11 Student services........................................................................................................................................11 Monash University Library.........................................................................................................................11 Moodle 2....................................................................................................................................................11 Disability Liaison Unit................................................................................................................................12 BEX3120 Perspectives on global business issues - Semester 1, 2015 In an increasingly globalised world the ability to recognise and reflect on how various global issues affect businesses is of considerable importance. Similarly, cooperation and teamwork skills that involve people from different locations and backgrounds are of particular use to many organisations. This unit focuses on developing these abilities and skills, addressing various global issues and how they affect business, as well as aspects of global citizenship, cultural sensitivity and effective teamwork. The unit includes extensive supervised teamwork in which students complete tasks by working in teams across Monash campuses. Mode of Delivery Malaysia (Day) Workload requirements Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement. See also Unit timetable information Unit Relationships Prerequisites Students must have completed the six compulsory core units (or equivalent), four 2nd level units and two 3rd level units. Chief Examiner(s) Ms Shanthy Rachagan Campus Lecturer(s) Malaysia Dr Tee Ding Ding Contact hours: As communicated in class and via e-mail 1 BEX3120 Perspectives on global business issues - Semester 1, 2015 Tutor(s) Malaysia Dr Tee Ding Ding Contact hours: As communicated in class and via e-mail Your feedback to Us Monash is committed to excellence in education and regularly seeks feedback from students, employers and staff. One of the key formal ways students have to provide feedback is through the Student Evaluation of Teaching and Units (SETU) survey. The University’s student evaluation policy requires that every unit is evaluated each year. Students are strongly encouraged to complete the surveys. The feedback is anonymous and provides the Faculty with evidence of aspects that students are satisfied and areas for improvement. For more information on Monash’s educational strategy, see: www.monash.edu.au/about/monash-directions/ and on student evaluations, see: www.policy.monash.edu/policy-bank/academic/education/quality/student-evaluation-policy.html Previous Student Evaluations of this Unit This is a new unit. Past evaluation not available. If you wish to view how previous students rated this unit, please go to https://emuapps.monash.edu.au/unitevaluations/index.jsp 2 Academic Overview Learning Outcomes The learning goals associated with this unit are to: 1. recognise global issues and assess their impact on business 2. critically reflect on how an individual's cultural context influences his/her perspective of an identified global business issue 3. develop communication skills while working cooperatively and collaboratively with students in other global locations 4. propose creative solutions to business issues integrating prior knowledge gained in the degree. 3 Unit Schedule Week Activities 0 Assessment No formal assessment or activities are undertaken in week 0 1 Unit overview and introduction 2 Seminar and Business Simulation 3 Seminar and Business Simulation 4 Seminar and Business Simulation 5 Seminar and Business Simulation 6 Seminar and Business Simulation 7 Seminar and Business Simulation 8 Seminar and Business Simulation 9 Seminar and Business Simulation 10 Seminar and Business Simulation 11 Seminar and Business Simulation Self-reflection Exercise Due ; Stockholders Final Debrief Due 12 Unit review and exam preparation Learning Journal: Second Submission Due SWOT VAC No formal assessment is undertaken SWOT VAC Examination period LINK to Assessment Policy: http://policy.monash.edu.au/policy-bank/ academic/education/assessment/ assessment-in-coursework-policy.html Simulation Performance Commences Learning Journal: First Submission Due Teaching Approach This unit uses a combination of seminar series and hands-on business simulation to facilitate learning, practical exploration and peer learning. The seminars explore contemporary global issues in a multidisciplinary context. It requires self-directed research by students and active learner involvment. The business simulation exercises provide students an effective platform to explore the complexity of business decision-making in a dynamic competitive environment. It requires multidisciplinary team dynamics and integration of prior knowledge into operating a virtual company. Reflection is used in both teaching approaches to conceptualise the experience. Assessment Summary Within semester assessment: 70% Examination: 30% Assessment Task Learning Journal and Self-reflection Exercises Value Learning Journal: 25% ; Self-reflection Exercise: 10% Due Date Weeks 2-12 4 Unit Schedule Group Business Simulation (6-person group) Simulation Performance: 20% ; Stockholders Final Debrief: 15% Weeks 4-11 Examination 1 30% To be advised Second marking Where an assessment task is given a fail grade by an examiner, that piece of work will be marked again by a second examiner who will independently evaluate the work, and consult with the first marker. No student will be awarded a fail grade for an assessment task or unit without a second examiner confirming the result. Note: Exceptions to this are individual pieces of assessment contributing 10% or less of the final mark, unless the total of such pieces exceeds 30% of the final mark. Return of final marks Faculty policy states that 'the final mark that a student receives for a unit will be determined by the Board of Examiners on the recommendation of the Chief Examiner taking into account all aspects of assessment'. The final mark for this unit will be released by the Board of Examiners on the date nominated in the Faculty Calendar. Student results will be accessible through the my.monash portal. Exam viewing Exam sightings for Department of Management units are held no later than 7 days after results have been published. Students are required to complete and submit a Request to Sight Examination Script form to the Department of Management. Students can collect this form from the Department of Management Academic Services Office at their home campus or download it directly from the website: http://www.buseco.monash.edu.au/mgt/student/exam-sighting.html Please note: There is no requirement or obligation that comments will be provided when students view their exam script. Please see http://www.policy.monash.edu/policy-bank/academic/education/assessment/unit-assessment-procedures.html#FFe Scripts subject to an appeal shall be retained for one month after conclusion of the appeal or six months after notification of results - whichever is the greater. Assessment criteria Assessment Criteria Grading Descriptors available at: http://www.buseco.monash.edu.au/esg/agu/policies/assessment.html. 5 Assessment Requirements Assessment Tasks • Assessment task 1 Title: Learning Journal and Self-reflection Exercises Due date: Weeks 2-12 Details of task: Assessement task 1 consists of two comonents that emphasise critical reflection. First, learning journal requires students to keep a journal which evidences their learning and reflection upon what they have learnt in the weekly seminar series. Second, self-reflection exercise requires students to reflect on their journey of learning in the simulation exercises. Word limit: Learning Journal : 1500 words; Self-reflection Exercise: 600 words Weighting/Value: Learning Journal: 25% ; Self-reflection Exercise: 10% Presentation requirements: Please note that there are two submissions for Learning Journal: ♦ First submission (due in week 7) covers seminar series 2-6. Word limit: 750 words ♦ Second submission (due in week 12) covers seminar series 7-11. Word limit: 750 words Please ensure that you edit and proof read your assignments for submission. The assignments should still adhere to basic academic conventions. The task may require references to academic journals or publications. It is important to always use the appriorate referencing style. Estimated return date: 2-3 weeks after the submission Criteria for marking: The marking rubric will be available in Moodle. Learning objectives assessed: This assessment tests all the learning objectives: ♦ recognise global issues and assess their impact on business ♦ critically reflect on how an individual's cultural context influences his/her perspective of an identified global business issue ♦ develop communication skills while working cooperatively and collaboratively with studnets in other global locations ♦ propose creative solutions to business issues integrating prior knowledge gained in the degree Submission details: Submit a hard copy in class. Penalties for late lodgement: Please note that 10% will be deducted from your assignment mark for each day (including weekends) that your assignment is late. No assignment handed in 10 days after the due date will be graded. 6 Assessment Requirements • Assessment coversheet: Work submitted for assessment must be accompanied by a completed copy of the Assessment Cover Sheet. NO assignment will be accepted or marked if it is not accompanied by a signed Assessment Cover Sheet. Assessment task 2 Title: Group Business Simulation (6-person group) Due date: Weeks 4-11 Details of task: Performance in group business simulation is assessed by two aspects. First, students need to manage a company on a team basis in a simulated business environment by making strategic business decisions. Simulation performance will be assessed in multiple rounds and along the dimensions of profitability, market share, utlisation of financial resources, etc. Second, the team will need to prepare a stockholders final debrief about their company's overall performace at the end of the simulation rounds. It should cover an overview of the company, the strategies adopted during the simulations, the financial position of the company, and its competitive positioning in the industry. Weighting/Value: Simulation Performance: 20% ; Stockholders Final Debrief: 15% Presentation requirements: Decisions have to be uploaded before the deadlines of each simulation round. The deadlines will be programmed in the system and communicated to you in class. No extensions are possible. For the Stockholders Final Debrief, each group is given 30 minutes (including Q & A) for presentation. All team members must take part in presentation and Q&A session actively. Estimated return date: Individual Assessment in Group Tasks: Individual performance relevant to this assessment will be based on peer evaluation. "Peer Evaluation" instrument will be used to assess both your performance and the performance of your peers during the simulation. Criteria for marking: Criteria for assessment will be available on Moodle. Learning objectives assessed: This assessment tests all the learning objectives: ♦ recognise global issues and assess their impact on business ♦ critically reflect on how an individual's cultural context influences his/her perspective of an identified global business issue ♦ develop communication skills while working cooperatively and collaboratively with students in other global locations ♦ propose creative solutions to business issues integrating prior knowledge gained in the degree Penalties for late lodgement: Simulation round decisions must be uploaded timely on the capsim website before the deadline of each round. Late submission is impossible. 7 Assessment Requirements You are required to perform Stockholders Final Debrief during the time slot allocated. No rescheduling of presentation is possible as this assessment is scheduled towards the end of semester. Examination(s) • Examination 1 Weighting: 30% Length: 2 hours Type (open/closed book): Closed book Electronic devices allowed in the exam: None Learning resources Monash Library Unit Reading List (if applicable to the unit) http://readinglists.lib.monash.edu/index.html Feedback to you Types of feedback you can expect to receive in this unit are: • Informal feedback on progress in labs/tutes • Graded assignments with comments • Solutions to tutes, labs and assignments • Other: General feedback in classes and individual feeback can be sought from teaching staff during consultation times Extensions and penalties Hard copy assignments: There will be a 10% penalty for every day (including weekends) that an assignment is handed in late. For additional information regarding extensions of time, please refer to http://www.buseco.monash.edu.au/student/policy-procedures/special-consideration-student-procedures.html Simulation exercises: The deadlines for each simulated decision round (year) will be communicated to you in class. Please note that these deadlines are programmed into the simulation and no extensions are possible. The decisons made at the time of the dealine will be processed as final decisions. 8 Assessment Requirements Returning assignments Assignments will be returned in classes/tutorials or as indicated by your lecturer/tutor. Resubmission of assignments Hard copy assignments: All assignments must be submitted on time, no resubmission of assignments will be permitted. Simulation exercises: Please note that every simulation round can only be played once. Referencing requirements Assignments in this unit are to be completed using the APA referencing style. Referencing requirements are detailed in the Q-manual at: http://www.buseco.monash.edu.au/qmanual/qmanual.pd Assignment submission Hard copy submission Assignments must include a cover sheet. The coversheet is at http://www.buseco.monash.edu.au/student/forms/. Please keep a copy of tasks completed for your records. Assignments must be submitted by the deadlines. Online submission If Electronic Submission has been approved for your unit, please submit your work via the learning system for this unit, which you can access via links in the my.monash portal. Required Resources Students enrolled in this unit must register with Capsim Business Simulation for access to the simulation tasks. Details of registration will be made available in the first simulation session. Prescribed text(s) and readings This unit does not require purchase of textbook. However, students need to subscribe to the following consulting journals which are available online without charges: • McKinsey Quarterly published by McKinsey & Company at http://www.mckinsey.com/insights • Strategy + Business published by strategy& at http://www.strategy-business.com/ Capsim's Foundation® business simulation 9 Assessment Requirements • Team Member Guide • A Hands-on Introduction to Business Fundamentals • Capsim® website Technological Requirements Computer with internet access 10 Other Information Policies Monash has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and to provide advice on how they might uphold them. You can find Monash’s Education Policies at: www.policy.monash.edu.au/policy-bank/academic/education/index.html Key educational policies include: • Student Academic Integrity Policy and Student Academic Integrity: Managing Plagiarism and Collusion Procedures ; • Assessment in Coursework Programs; • Special Consideration; • Grading Scale; • Discipline: Student Policy; • Academic Calendar and Semesters; • Orientation and Transition; and • Academic and Administrative Complaints and Grievances Policy. Graduate Attributes Policy http://www.policy.monash.edu/policy-bank/academic/ education/management/monash-graduate-attributes-policy.html Student Charter www.opq.monash.edu.au/ep/student-charter/monash-university-student-charter.html Student services The University provides many different kinds of support services for you. Contact your tutor if you need advice and see the range of services available at http://www.monash.edu.au/students Monash University Library The Monash University Library provides a range of services, resources and programs that enable you to save time and be more effective in your learning and research. Go to www.lib.monash.edu.au or the library tab in my.monash portal for more information. Moodle 2 All unit and lecture materials, plus other information of importance to students, are available through the virtual learning environment Moodle site. You can access Moodle via the my.monash portal. Where to go for help If you're stuck, confused or simply not sure how to approach Moodle, there are a number of Moodle resources that you can tap into. 11 Other Information Disability Liaison Unit Students who have a disability or medical condition are welcome to contact the Disability Liaison Unit to discuss academic support services. Disability Liaison Officers (DLOs) visit all Victorian campuses on a regular basis. • Website: http://www.monash.edu/equity-diversity/disability/index.html • Telephone: 03 9905 5704 to book an appointment with a DLO; • Email: dlu@monash.edu • Drop In: Equity and Diversity Centre, Level 1, Building 55, Clayton Campus. 12