Understanding Business

Module code: CORP 1502

Module description

All organisations, irrespective of size, product, industry or sector, have both an internal and an external environment.  This module focuses on organisations within a business context. In particular, the module examines organisations' internal environments, paying special attention to the ways businesses structure themselves (organisationally and legally), the key processes they engage in (planning, growing, innovating) and the main business functions commonly found (for example, marketing, finance, human resources, operations and logistics). Influences on the internal environment of the business such as culture and communication are identified. The module also examines some of the major external influences affecting the business organisation and seeks to demonstrate how this external context has implications for the firm's internal environment (for example competition, social and economic factors, technological change).

Overall, this module aims to provide the student with a robust understanding of the nature of business and how they operate. This will develop valuable understanding for any student who will be working in or indeed running a business. Additionally the module meets the requirements of employers seeking individuals who can quickly fit within a business environment.

Contact hours per student per year

  • Lectures: 24 hours
  • Tutorials: 10 hours


  • Essay (1250 words): 50%
  • Examination (60 mins): 50%

Additional costs: No extra costs other than purchase of books