Availabilities:

2021 unit offering information will be available in September 2020

Unit description

This unit covers the fundamentals of starting a business from scratch, building and sustaining that business, and continually renewing and refreshing the business.  

Unit content

  1. Business start-up: A strategic focus

1a: Clear objectives and strategic plan (product/service). Preliminary Business Case

1b: Financing the business (loans, guarantees and stakeholder involvement)

  1. Customer-focusing the business: A marketing focus

2a: Understanding customer needs

2b: Importance of customer feedback

  1. Get the right people: A people focus

3a: Hiring, retaining and leading

3b: Skilling, supporting (development of individuals and teams) and building a culture

  1. Manage your money: A financial focus

4a: Systems, controls and accountability (Developing a Balance Sheet)

4b: Sharing rewards (salaries, bonuses, etc.) and motivation

  1. Sustaining the business: A responsible business focus

5a: Profitability

5b: Corporate Social Responsibility and Responsible Business

  1. Making it all happen: A technology focus

6a: Communication, data and information systems: Internal technology

6b: Communication, data and information systems: External

 

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1Demonstrate a critical understanding of building business case and strategic plan for a new businessCreativityKnowledge of a discipline
2Demonstrate an ability to develop financial models and balance sheetsCreativityKnowledge of a discipline
3Understanding the role of communication, data and information systems in starting a businessCommunication and social skills

On completion of this unit, students should be able to:

  1. Demonstrate a critical understanding of building business case and strategic plan for a new business
    • GA2: Creativity
    • GA4: Knowledge of a discipline
  2. Demonstrate an ability to develop financial models and balance sheets
    • GA2: Creativity
    • GA4: Knowledge of a discipline
  3. Understanding the role of communication, data and information systems in starting a business
    • GA6: Communication and social skills

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2021 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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