Core Management Concepts
- To give students a thorough grounding in the key management sub-disciplines
- To provide an overview of the development of these disciplines
- To illustrate the disciplinary anchors of these disciplines in sociology, psychology and economics
- • Develop and demonstrate a deep understanding of the key theoretical management concepts. Apply these concepts to specific business situations.
- • Analyze and evaluate managerial tools such as balance sheets and marketing plans.
- • Explain the relevance of social science to business practice.
- • Define and resolve problems, and recognize the most common decision errors and make tough decisions in an ethically conscious and competent way.
- • Use an understanding of the factors that motivate performance and commitment to diagnose organizational situations and help create motivational contexts.
- • Help a team produce superior outcomes and overcome common dysfunctions like “groupthink,” social loafing, and free riders.
- • Diagnose and intervene in conflict situations in a productive way.
- • Work within a team to analyze real business problem(s) and make substantive recommendations for improvement.
- • Build expertise at spotting the internal and external factors that lead to a firm’s strategic choices
- • Become familiar with the tools managers use to develop and implement business/corporate strategies
- • Understand why some strategies fail, while others lead to long term success for a firm
- • Apply the knowledge you gain about business strategies to your own careers
- Apply the principles of social learning to increase self-awareness, acquire new skills and manage time and stress more effectively.
- Introduction Management and the Firm Taylorism, Motivation, and Performance The Rise and Decline of Labour The Rise of Human Resource Management Origins of Management Science Accounting, finance and the firm Management accounting: Decentralization and performance measurement Financial accounting Modern Portfolio Theory Security analysis and valuation The Origins of Modern Strategy
- Understanding Organisational Structures Analysis of Organisations Contemporary Strategic Management Strategy and Decision Making The Origins of Marketing: The Development of the Theory The Origins of Marketing: The Development of the Practice Future Challenges for Marketing in the Digital Age and the role of Branding
- in-class and take-home written assignments
- December exam
- UoL examUoL exam is not included in overall grade.
- April exam
- take home assignments
- in-class assignments
- Interim assessment (2 module)0.7 * December exam + 0.15 * in-class assignments + 0.15 * take home assignments
- Interim assessment (4 module)0.4 * April exam + 0.35 * December exam + 0.25 * in-class and take-home written assignments
- Understanding management : the social science foundations, Willman, P., 2014
- John Burns, Martin Quinn, Liz Warren, & João Oliveira. (2013). Management Accounting. Portugal, Europe. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.8F4ABDD7