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MPM755 - Building Success in Commerce

Year:

2021 unit information

Important Update:

Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester.

Thank you for your flexibility and commitment to studying with Deakin in 2021.

Last updated: 4 June 2021

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Micaela Spiers
Trimester 2: Wade Halvorson
Prerequisite:

For students in X755M: Nil

All other students: Must have passed 7 units including MPA701, MPE781/MPT781, MPF753/MPT753, MPM701, MPM731

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 3 hour workshop per week

Scheduled learning activities - cloud:

3 x 1 hour class per week (recordings provided) plus 3 x 1 hour online seminars

Content

Integrated and linked with core units, the capstone unit provides students with the opportunity to scope a business challenge, and through considered research, provide a solid foundation to identify priorities for growing an established small to medium enterprise (SME). Along the way, students will be able to demonstrate their ability to research the issue at hand, identify different solutions, taking into account personal, team and societal issues/challenges so that a recommendation/solution can be proposed. This will require students to utilise their skills in accounting, economics, finance, business process management, and business communication to develop a coherent and aligned business plan and resourcing strategies that contributes to business success in a dynamic, global business environment. Students will be required to explain and justify their decisions. Business decision-making is underpinned by ethics and cultural understanding, and students will identify and reflect on their approach to decision-making and how they perceive business success in this context.

ULO

These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can:

Deakin Graduate Learning Outcomes

ULO1

Synthesise a broad base of critical commercial knowledge with specialised discipline knowledge and conduct independent research on a (chosen) commerce related issue.

GLO1: Discipline-specific knowledge and capabilities
GLO3: Digital literacy

ULO2

Develop and present a business proposal backed with underpinning research to convey complex business concepts issues and findings and a set of recommendations to a mixed (specialist and non-specialist) audience.

GLO2: Communication

ULO3

Critically analyse complex factors that lead to business success to justify options, identify limitations and inform business decisions on appropriate courses of action.

GLO4: Critical thinking

ULO4

Conceptualise, construct and recommend solutions to a real world commerce-related problem.

GLO5: Problem solving

ULO5

Demonstrate self-awareness and an ability to take responsibility for working and learning in a cross-disciplinary team.

GLO6: Self-management
GLO7: Teamwork

ULO6

Interpret and reflect on the critical impacts of ethics and cultural factors in the context of an emerging business opportunity.

GLO8: Global citizenship

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

 

From Trimester 2 2021:

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Synthesise information from independent research and professional, commercial and scholarly sources. 

GLO1: Discipline-specific knowledge and capabilities
GLO3: Digital literacy
ULO2

Develop and present a business plan for a Small-Medium Enterprise (SME) including recommendations for growth. 

GLO2: Communication
ULO3

Critically analyse the complex interrelated factors impacting business decisions and apply them in simulated scenarios.  

GLO4: Critical thinking
ULO4

Recommend and justify solutions to SME-related growth issues. 

GLO5: Problem solving
ULO5

Reflect on your personal learning journey and professional skills developed from working in a cross-disciplinary team with a business owner/manager. 

GLO6: Self-management
GLO7: Teamwork
ULO6

Identify and reflect on approaches to decision-making and how successful business growth is undertaken in a global context. 

GLO8: Global citizenship

Assessment

Trimester 1:
Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (Individual) - A critical analysis of a chosen discipline based factors that affect business success 2000 words 30% Week 4
Assessment 2 (Group - 4 students) - Group business proposal 5000 words 50% Week 11
Assessment 3 (Individual) - Individual reflection 1500 words 20% Exam period
Trimester 2:
Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (Individual) - Critical analysis of SME factors that impact business success 2000 words 30% Week 4
Assessment 2 (Group of 4 ) - Business Plan 5000 words 50% Week 11
Assessment 3 (Individual) - Reflection (self) 1500 words 20% Exam period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MPM755 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

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