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HE Unit Template
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Contemporary Business
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GPMGT1502 - Contemporary Business
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20240200
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1.3
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2026-09-10
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2026-09-10
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TAFE & University Pathways
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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/gpmgt1502">View unit fees</a>
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Graded (e.g. HD, D, C, etc)
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5
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Diploma, Undergraduate Certificate
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<p>This course delivers an accessible and comprehensive introduction to the nature, management, and organisation of business in contemporary society. The course will consider the array of societal and environmental factors now disrupting the ways business is being done and the new terrain managers must learn to navigate if they are to survive and thrive. Using a blend of text, audio video and interactive online activities, you will develop vital skills for study and for work in business, public or voluntary sector organisations. This course has been designed to incorporate additional learning hours to support students' academic and study skill development.</p>
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<p>Topics may include: - What is business and how is it changing? - Managing with uncertainty - Globalisation - Competition and customer loyalty - Government policy and regulation - The big challenges for human society - Technological change and the digital economy - Diversity and society - Complexity - Information Management - Managing uncertainty and problem solving - What is the future of business?</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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GPMGT1502 - Contemporary Business
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GPMGT1502 - Contemporary Business
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Year
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2026
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Overview
Key information
Requisites
Learning outcomes
Assessment
Parent Region
Overview
Unit description
<p>This course delivers an accessible and comprehensive introduction to the nature, management, and organisation of business in contemporary society. The course will consider the array of societal and environmental factors now disrupting the ways business is being done and the new terrain managers must learn to navigate if they are to survive and thrive. Using a blend of text, audio video and interactive online activities, you will develop vital skills for study and for work in business, public or voluntary sector organisations. This course has been designed to incorporate additional learning hours to support students' academic and study skill development.</p>
Unit content
<p>Topics may include: - What is business and how is it changing? - Managing with uncertainty - Globalisation - Competition and customer loyalty - Government policy and regulation - The big challenges for human society - Technological change and the digital economy - Diversity and society - Complexity - Information Management - Managing uncertainty and problem solving - What is the future of business?</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
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/gpmgt1502">View unit fees</a>
Requisites
Prerequisite
None
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
K1
<p>Demonstrate an understanding of the forces that shape the business and economic structure in contemporary society.</p>
K2
<p>Synthesise knowledge from alternative perspectives and generate critical thinking and problem-solving solutions.</p>
K3
<p>Acquire knowledge and understanding of an emerging/contemporary business issue through examination of theory and practice.</p>
S1
<p>Develop argumentation skills within current debates within a contemporary society, such as corporate social responsibility.</p>
S2
<p>Integrate discipline-specific knowledge and skills and apply subject knowledge critically, analytically and creatively to different bodies of knowledge or practice.</p>
S3
<p>Cultivate professional written and interpersonal competencies, including critical reflection on personal, social and practical issues in a team environment.</p>
S4
<p>Develop the appropriate English language and academic skills to successfully study at an undergraduate level.</p>
A1
<p>Identify and evaluate the applicability of an emerging/contemporary business issue to a variety of contemporary business contexts.</p>
A2
<p>Apply problem-solving skills by addressing relevant managerial problems.</p>
Assessment
Learning Tasks and Assessment
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>
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
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/gpmgt1502">View unit fees</a>
Additional information
Add Info Static Text
Internal reference: GPMGT1502 - U1.3