Sustainable Business Practice in a Dynamic Global Environment
LMC501B
Overview
To enrol in this unit, you must be accepted into a course from the provider.
Read before you start
Level of study: What does Postgraduate mean?
Postgraduate
EFTSL: What does EFTSL mean?
0.125
Delivery Method: What does delivery method mean?
Fully Online
Prerequisites: What are the prerequisites?
Duration:
13 weeks
Government loans available:
FEE-HELP FEE-HELP
Domestic student fee:
$2,000.00 (AUD)
International student fee:
$2,225.00 (AUD)
Description
This core unit explores sustainable business practice from the perspectives of opportunities created and responsibilities and accountabilities incurred for commercial, environmental, social, people & governance business practices. The unit aims to contextualise the pace of change and identify key challenges and risks around sustainable business practice.
Enrolment Restriction
In order to enrol in this unit, you must be accepted into one of the following courses:
If you wish to seek approval to enrol in this unit without being accepted in a course, please contact OUA regarding the process.
Prerequisites
Equivalent units
You cannot enrol in this unit if you have successfully completed any of the following unit(s) because they are considered academically equivalent:
- LMC501 — Business Sustainability in a Changing Global Business Environment
Assessment
- Online Discussion — Group-based discussion (20%)
- Project — Case-based project (60%)
- Report — Individual report (20%)
Learning Outcomes
At the completion of this unit students will be able to:
- apply a range of definitions of sustainable business practice and challenges associated with the global sustainability agenda in analysing business opportunities and challenges
- critique strategic approaches to business opportunities and risk through aligning commercial and sustainability strategies
- apply a business model to explore value creation for stakeholders through the lens of business sustainability goals in a constant change environment
- critique holistic models of risk and stakeholder management to identify sustainable business practices in complex and high change environments
- evaluate change models from the perspective of pace, complexity, characteristics and impact on governance and commercial practices
- assess the impact of constant change on business sustainability objectives and organisational capability as a means of critiquing organisational performance
- critically analyse appropriate forms of sustainability as a driver of organisational culture and individual employee well-being in a constant changing environment
- explore characteristics of the resilient organisation and determine aspects of organisational and individual resilience and coping
- critique the business case for sustainability and broader ethics related to Corporate Social Responsibility and Corporate Citizenship
- assess responsible leadership's contribution to developing sustainable practices in a constant change environment.
Topics
This unit addresses the following topics.
| Number | Topic |
|---|---|
| 1 | Defining and conceptualising business and its features |
| 2 | The resource-based view of the organisation |
| 3 | Managing tensions in a stakeholder orientation |
| 4 | Business in a dynamic environment: challenges to business-as-usual |
| 5 | Types and pace of organisational change: implications for business |
| 6 | Sources and management of risk |
| 7 | Ethical frameworks for managing business in complexity |
| 8 | Economics and resource usage: changing community expectations |
| 9 | Sustainable business and the triple bottom line: incorporating economic, environmental, human and social capital |
| 10 | The risks to sustainable business: managing people in a complex and fast changing environment |
| 11 | The risks to sustainable business: analysing the finances |
| 12 | Business models: managing risk through value creation, maintenance and capture |
| 13 | Strategy development and implementation: managing risk through direction setting |
| 14 | Governance, leadership and management challenges |
Study Resources
This unit is delivered using the following methods and materials:
Instructional Methods
- Audio/Video conferencing
- Blogs
- Chat rooms
- Discussion Forum/Discussion Board
- E-Portfolios
- Embedded Multimedia
- Glossary
- Online assignment submission
- Podcasting/Lecture capture
- Standard Media
- Streaming Multimedia
- Web links
- Wikis
Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.
Click on the titles of the listed books below to find out more:
Required textbooks
By:Benn Suzanne
ISBN: -
Format:Print
Supplier:Go to Unibooks
Recommended textbooks
Relevant Courses
This unit is a core requirement in the following courses:
- Graduate Certificate of Commerce, Swinburne University of Tnlgy
- Graduate Diploma of Commerce, Swinburne University of Tnlgy
- Master of Commerce, Swinburne University of Tnlgy
This unit may be eligible for credit towards other courses:
- Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
- In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Unibooks textbook list.
