You will also be introduced to various types of risks, risk categories and the processes involved with risk assessment and evaluation. Various risk assessment models (Work breakdown structure , SWOT, HAZOP, FMEA, etc) are discussed. Risk mitigation and response is discussed as well as the various types of insurances you can take out against loss.
Specifically, the learners will be taught microeconomic principles and concepts on scarcity, choice and opportunity costs; theories of demand and supply; production and cost theories and theories on market structures. In a world that is becoming more volatile, uncertain, complex and ambiguous, employers value graduates who can independently innovate and develop solutions that meet the needs of its users. In this module, learners will acquire the knowledge and skills to effectively create and refine human-centric solutions. The purpose of the programme is to develop the applied and practical competencies of the student in the acquisition, understanding and application of business management principles. It provides an applied focus in the field of Business Management to ensure that students have a deep and systematic understanding of current thinking, practice, theory and methodology in the field. This module provides an in-depth discussion of collective bargaining and negotiations.
United Ceres
College will be introduced to the concept of forecasting as a part of the planning function. Various forecasting approaches and techniques are explained, including both qualitative and quantitative forecasting techniques. The purpose of this module is to introduce you to the fundamentals of marketing management within a business context. This module covers the nature and the function of marketing management within the organisation in terms of the overall business strategy of the organisation. The module also redefines the micro, macro and market environments in terms of marketing strategies.
Demonstrate the different company culture and practices that will affect the business functions. Identify the factors affecting organizational growth and demonstrate the business strategies to thrive in today’s competitive world. Review and reflect on the learnings of research practices and methodologies. Collect necessary data, analyse these data using the appropriate techniques to communicating the research findings. Develop a research proposal as a result of its understanding on the different literatures reviewed.
You will be able to identify feasible business ideas and become familiar with essential managerial aspects of entrepreneurship including operational-, financial- and human resource management. Business administration plays a vital role in the success of any organisation. This subject consists out of three modules
namely the Introduction to Business Administration, Risk Management and Financial management. Students will plan a strategy for and compete in an online marketing simulation.
As per Admission Procedure 5003-PR1, the department reserves the right to determine the granting of credit where appropriate. Students enrolled in this program must complete the mandatory work component to qualify for graduation. Strong mathematic skills are required for success in BCIT Business diplomas.