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Fundamentals of Management (BUS001)

Semester: A
Level: 4
Module code: BUS001
Module organiser: Dr Matteo Mandarini 

This module is for joint programme students only. 

Module description

This module introduces students to the purpose, operations and implications of management by exploring the contexts within which management takes place. To put in a somewhat exaggerated way, it is not a “how to do business” module, but a module about the framework for theorising business as well as the environment and contexts in which it operates. We will reflect on management in relation to the social, economic and legal conditions within which it operates, as well as reflect on the political, cultural and environmental consequences of modern management. We will discuss how management practices are informed and, in some cases, defined by issues such as: the privatisation of public services, the environmental impact of technological change, the unequal distribution of the world’s resources and the unequal influence of stakeholders on business practices.

Therefore, a major focus of this module is the internal and external environments of business, which are examined through the PESTLE framework; that is, with particular emphasis on Political, Economic, Sociological, Technical, Legal and Environmental issues (PESTLE). Revolving around three books, Timothy Mitchell’s Carbon Democracy: Political Power in the Age of Oil (2011), Melanie Klein’s This Changes Everything: Capitalism vs the Climate (2014) and Ha-Joon Chang’s Economics: the User’s Guide (2014). Setting management in the context of the interrelations of energy, finance, the environment, technological innovation, and changing social, cultural and political structures, we will begin to see that to be effective management must understand the contexts in which it operates.

Assessment 

  • Examination 60% 
  • Coursework 40% 

Indicative Reading List:

  • Timothy Mitchell’s Carbon Democracy: Political Power in the Age of Oil (2011)
  • Melanie Klein’s This Changes Everything: Capitalism vs the Climate (2014)
  • Ha-Joon Chang’s Economics: the User’s Guide (2014)

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