CMN112 Principles of Management

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Melbourne Institute of Finance & Management

CMN112 Management in the New Global Economy

A. COURSE IDENTIFICATION

COURSE:

COURSE CODE:

SUBJECT NAME:

Advanced Diploma of Business

BSB60601

Management in the New Global Economy

SUBJECT CODE:

TEACHER GUIDED HOURS:

CMN112

60 hours

LEARNER DIRECTED HOURS: 90 hours

DURATION:

PRE-REQUISITE SUBJECTS:

SUBJECT TEACHER:

CONTACT DETAILS:

1 semester

Nil

(teacher to fill in)

Location: (teacher to fill in)

Phone: (teacher to fill in)

Email: (teacher to fill in)

B. SUBJECT CONTENT AND OBJECTIVES

This subject is an overview of the nature of management and traditional management functions. Upon completion of this subject, successful students should be able to:

 understand the different functions of management, including planning, decision making, controlling, leading and organising;

 understand the concepts of human resource planning, strategic management, international management, quality management, ethics and managing contemporary businesses;

 participate in the planning and introduction of change, including developing creative and flexible approaches and solutions;

 determine resource requirements, acquire and allocate resources and monitor usage.

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C. ASSESSMENT TASKS AND VALUE

Assessment Task Units Homework

Final exam

Assignment:

Case study

Class participation

& attendance

Due Date

Week 13 All 45 Hours

Students must complete and hand in the assignment on time. Late work will be penalised.

Week 8

Students must attend 90% of classes and have active participation in all classes attended to receive 10%

Value

60%

30%

10%

Total 100%

Assignment

Students will be required to complete an assignment for this subject. Assignments will be marked according to the following weighted criteria:

Completion on time

Presentation

Understanding of the topic

Ability to communicate understanding

Fulfillment of all assignment requirements

10

10

25

25

30

100%

At the end of the subject, students will be given a grade according to their overall mark.

Grades will be awarded according to the following table of marks:

Grade Code Marks

High Distinction HD 80-100

Distinction

Credit

D

C

70-79

60-69

Pass

Fail

Did not sit

Withdrawn

Incomplete

P

N

DNS

W

I

50-59

0-49

Description

Successfully completed

Successfully completed

Successfully completed

Successfully completed

Failed assessment

Failed. Did not complete all assessments.

Officially withdrawn

Approved to complete assessment within three months

Recognition of

Prior Learning

RPL Recognition of work and life experiences

Credit Transfer CT Recognition of identical studies at a registered institution

Please note that students must pass their final exam to pass the subject .

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D. SUBJECT PLANNER

Academic

Week

Unit Number and Unit Name

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

The challenge of management

Pioneering ideas in management

Managerial decision making

Establishing organizational goals and plans

Organisational structure

Motivation

Leadership

Managerial communication

Assignment Due

Managing groups

Managing organizations through change and conflict

International management

Social responsibility and ethics in management

Final Exam

Required

Reading

Ch.1

Ch.2

Ch5

Ch.6

Ch.8

Ch.11

Ch.12

Ch.13

Ch.14

Ch.16

Ch.17

Ch4

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E. TEXTS AND REFERENCES a) Prescribed text:

Bartol, K., Martin. D., et al. (2005) Management: A Pacific Rim Focus, 4E, McGraw Hill. b) Recommended texts and references:

There are learning resources available under Student Access on the MIFM website at www.mifm.vic.edu.au. Use your student number to request a login code from the website.

Additional reading will be handed out during class.

There are also numerous questions and solutions available throughout the prescribed text. c) Other references:

In addition it is strongly recommended that students read the financial press on a regular basis. By keeping up to date with current financial events, extra insight into the theoretical material of the course can be obtained. Some recommended publications available on the internet are:

The Australian Financial Review (afr.com)

The Australian (www.theaustralian.news.com.au)

Business Review Weekly (www.brw.com.au)

Students may also be called upon to undertake research of their own for homework or assignments. Use of the school library or the internet for research is strongly suggested. Although printed texts available may vary, the use of the following search engines will assist students in finding useful information for their studies:

Yahoo Australia (www.yahoo.com.au)

Anzwers Australia & NZ (au.anzwers.yahoo.com)

Google Australia (www.google.com.au)

Dogpile Web Search (www.dogpile.com)

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F. WHAT IS EXPECTED OF STUDENTS

It is the responsibility of students to arrive to classes on time, with all equipment necessary to complete class work, including writing implements, notebooks, dictionaries and calculators as necessary. All mobiles are to be switched off before entering classes and exam venues.

Classes are designed to ensure that students are provided with an overview of key issues and important material for each week’s topic. Students are encouraged to ask questions and seek clarification on points they do not understand. They are also strongly encouraged to write class notes in their own words, for useful review throughout the semester and revision at the time of the final exam.

 The “Activity” and “Self Assessment” questions found throughout the chapters are to be done by the students as they undertake the reading, with solutions found at the end of the chapter allowing students immediate feedback on their thoughts.

For any issues not fully understood, students are encouraged to ask the teacher during class for further explanation. Teachers may also leave after hour’s contact details if they have additional time which they would like to make available for student questions.

To gain the most benefit from each lesson, students should attempt all homework questions required before attending the class. It has been observed in the past that students who do not perform well in tertiary level subjects are those with low attendance records and and/or do not complete exercises and questions required during class or for homework.

Any student who does not sit the final examination will fail the subject unless the following circumstance applies:

Appropriate documentary evidence must be supplied (doctors certificate clearly indicating that the doctors actually examined you – doctor not just informed). A resit will be allowed only upon academic approval of this evidence.

A student requiring medical attention on the day did not obtain documentary evidence, but requests a resit. This will be allowed, but will incur a penalty, where the maximum mark obtainable is 50%.

A student who fails a subject must re-enrol in that subject and complete all subject requirements.

Plagiarism is using the work and/or ideas of others without their consent or acknowledging them. This includes copying direct quotes from books, the internet or other students, which is considered a form of theft and will not be tolerated. Plagiarism is an act of serious academic misconduct which will result in equally serious disciplinary actions.

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