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HE Unit Template
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Future of Business
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BUMGT3108 - Future of Business
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20270200
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Course
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3.0
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2026-09-10
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2026-09-10
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Business
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Institute of Innovation, Science & Sustainability
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Business
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Undergraduate
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15
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.125
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080301
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Business Management
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080301 - Business Management
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<a href="http://www.federation.edu.au/locate/unit/bumgt3108">View unit fees</a>
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Graded (e.g. HD, D, C, etc)
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7
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<p>This unit enables students to develop knowledge and skills on research approaches, through the exploration of a range of critical developments impacting the future of business. Students will study the emerging social, economic, environmental and technological factors creating opportunities and challenges for businesses. Students will also be introduced to fundamental research concepts and apply these to develop a research plan to investigate a specific research topic relevant to one or more of the emerging trends impacting businesses and other organisations.</p>
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<p>Topics may include:<br>
1. Research components will include:<br>
- Introduction to research<br>
- Developing research aims, objectives and questions<br>
- Conducting and presenting a literature review<br>
- Introduction to qualitative and quantitative research<br>
- Developing and presenting a research proposal<br><br>
2. Research themes may be explored through the investigation of a range of future of business-focussed themes, which may include:<br>
- Critical drivers: SDGs and sustainable business<br>
- Critical drivers: Fourth Industrial Revolution<br>
- Climate change and transitions to net zero GHG emissions<br>
- Carbon trading <br>
- Carbon accounting and reporting<br>
- Ethical investment<br>
- Understanding customers and user experience<br>
- Ethical marketing and greenwashing<br>
- Sustainable supply chain management<br>
- Sustainable business practices: Circular economy<br>
- Employees and the future of work<br>
- Future scenarios and strategy<br>
- Other themes may be explored in consultation with discipline areas (Management, Marketing, Accounting, Economics and Finance)</p>
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<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
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2027
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2026
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BUMGT3108 - Future of Business
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Overview
Key information
Requisites
Learning outcomes
Assessment
FedTASK
Parent Region
Overview
Unit description
<p>This unit enables students to develop knowledge and skills on research approaches, through the exploration of a range of critical developments impacting the future of business. Students will study the emerging social, economic, environmental and technological factors creating opportunities and challenges for businesses. Students will also be introduced to fundamental research concepts and apply these to develop a research plan to investigate a specific research topic relevant to one or more of the emerging trends impacting businesses and other organisations.</p>
Unit content
<p>Topics may include:<br> 1. Research components will include:<br> - Introduction to research<br> - Developing research aims, objectives and questions<br> - Conducting and presenting a literature review<br> - Introduction to qualitative and quantitative research<br> - Developing and presenting a research proposal<br><br> 2. Research themes may be explored through the investigation of a range of future of business-focussed themes, which may include:<br> - Critical drivers: SDGs and sustainable business<br> - Critical drivers: Fourth Industrial Revolution<br> - Climate change and transitions to net zero GHG emissions<br> - Carbon trading <br> - Carbon accounting and reporting<br> - Ethical investment<br> - Understanding customers and user experience<br> - Ethical marketing and greenwashing<br> - Sustainable supply chain management<br> - Sustainable business practices: Circular economy<br> - Employees and the future of work<br> - Future scenarios and strategy<br> - Other themes may be explored in consultation with discipline areas (Management, Marketing, Accounting, Economics and Finance)</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Business
Study level:
Undergraduate
Credit points:
15
EFTSL:
0.125
Field of education:
080301 - Business Management
Offering:
<p><strong>Semester 2</strong><p>Ballarat - Mt Helen (On Campus)</p><p>Berwick (On Campus)</p><p>Gippsland - Churchill (On Campus)</p><p>On-line Learning</p></p>
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/bumgt3108">View unit fees</a>
Requisites
Prerequisite
<p> the student must have achieved at least 240 credit points prior to enrolment</p>
Corequisite
None
Exclusion
None
Learning outcomes
Learning outcomes
<p>On successful completion of this unit, students are expected to gain the following [K]nowledge, [S]kills and [A]pplication of knowledge & skills</p>
Learning Outcomes
Ref
Outcome
1
<p>Evaluate current and emerging social, economic, environmental and technological trends to identify critical challenges and opportunities for contemporary and future business environments.</p>
2
<p>Critically analyse the role of research in supporting sustainable approaches to business, including alignment to the UN Sustainable Development Goals and ethical considerations.</p>
3
<p>Apply advanced qualitative and quantitative research methods to investigate a specific business problem within a future-focused context.</p>
4
<p>Develop and justify a research proposal, synthesising evidence from academic literature to address identified gaps in knowledge and practice.</p>
5
<p>Communicate complex research ideas and solutions effectively through written and oral formats, demonstrating professional and ethical standards in business research practice.</p>
Assessment
Learning Tasks and Assessment
Ref
Learning task
Assessment type
Weighting
Learning outcomes assessed
1
<p>Conduct a critical literature review identifying emerging trends and research gaps, then present key findings and implications for future business research with clear, professional communication.</p>
<p>Written report and oral presentation</p>
<p>25%-40%</p>
1, 2, 5
2
<p>Develop a comprehensive research proposal outlining the problem, objectives, methodology, and ethical considerations, demonstrating evidence-based reasoning and integration of sustainable business perspectives.</p>
<p>Written Report</p>
<p>20%-30%</p>
2, 3, 4
3
<p>Present and defend your research proposal, justifying methodological choices and addressing questions on feasibility, ethics, and contribution to future business practice.</p>
<p>Oral presentation</p>
<p>30-45%</p>
3, 4, 5
Supplementary assessment available:
Yes
Supplementary assessment information:
<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
FedTASK
FedTASK
Description of FedTASK outcome
Level
FedTASK 1: Interpersonal
The ability to effectively communicate, interact and work with others both individually and in groups.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
FedTASK 2: Leadership
The ability to apply professional skills and behaviours in leading others.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
FedTASK 3: Critical Thinking and Creativity
The ability to work in complexity and ambiguity using imagination to create new ideas.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
FedTASK 4: Digital Literacy
The ability to work fluently across a range of tools and applications to achieve a range of skills.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
FedTASK 5: Sustainable and Ethical Mindset
The ability to consider and assess the consequences and impact of ideas and actions in enacting ethical and sustainable decisions.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
FedTASK
<p>Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FedTASKs (<strong>T</strong>ransferable <strong>A</strong>ttributes <strong>S</strong>kills and <strong>K</strong>nowledge) provide a targeted focus on five key, transferable Attributes, Skills, and Knowledge that are embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and co-operative learning opportunities.</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Business
Study level:
Undergraduate
Credit points:
15
EFTSL:
0.125
Field of education:
080301 - Business Management
Offering:
<p><strong>Semester 2</strong><p>Ballarat - Mt Helen (On Campus)</p><p>Berwick (On Campus)</p><p>Gippsland - Churchill (On Campus)</p><p>On-line Learning</p></p>
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/bumgt3108">View unit fees</a>
Additional information
Add Info Static Text
Internal reference: BUMGT3108 - U3.0