Description

We live in an age where the way we do business changes constantly. So, this unit covers key business concepts and how they can be practically applied. This unit will help you to gain an understanding of the legal system and the principles of contract law. It also teaches an appreciation of the legal implications of setting up a business. The wider issues which impact businesses are also discussed – the global economy, and how governments impact upon it.

Learning outcomes

• Understand the principles of contract law
• Understand the external business environment
• Understand key principles of corporate social responsibility (CSR), ethics and sustainability
• Understand the impact of setting up different types of business entity
• Understand the finance function within an organisation
• Produce work in appropriate formats and communicate effectively
• Understand the importance of information to business operations