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BU 1104 Business, Environment and Society in the Tropics

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    • Profile picture
    Aug 20, 2017
    | Would highly recommend.

    Pretty easy, overall.

    Course Overview:

    I totally would! discussions in this class where great. You didn't just sit there for hours listening to the lecturer!

    Course highlights:

    Sustainability is the development that meets the needs of the present without compromising the ability of future generations to meet theirs. Refer to the triple bottom line – Social, Economic and environment. External environments are all events outside a company that have the potential to influence or affect it. General Environment is the Economic, Technological, Sociocultural and Political trends that indirectly affect all organisations. The Specific Environment is the Customers, Competitors, Suppliers, Industry Regulations and Advocacy Groups that are unique to an industry and directly affect how a company does business. SWOT analysis – An assessment of the strengths and weaknesses in an organisations internal environment and the opportunities and threats in its external environment. Strengths, Weaknesses, Opportunities and Threats. Organisational culture – is the values, beliefs and attitudes shared by organisational members. Organisational culture exists on three levels. Seen – (Surface level) Dress codes and workers and managers behaviours. Heard – (Expressed Values and Beliefs) what people say and how decisions are made and explained. Believed – (Unconscious assumptions and beliefs) widely shared assumptions and beliefs, buried deep below surface, rarely discussed or thought. What makes a successful organisational culture is the cultures that are based on adaptability, involvement, a clear vision and consistently. This can help companies achieve higher sales growth, return on assets, profits, and quality and employee satisfaction. In successful organisational cultures they provide higher levels of employee involvement in decision making, thus employees feel a greater sense of ownership and responsibility.

    Hours per week:

    6-8 hours

    Advice for students:

    Go to all lectures and tutorials, participate in group activities :)

    • Summer 2016
    • Dr Alf Kuilboer
    • Yes
    • Always Do the Reading Participation Counts Great Discussions

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