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Unit 2, Corporate Strategy, Governance and Ethics in the Global Environment

Level 7, Unit 2 - Corporate Strategy, Governance and Ethics in the Global Environment (25 credits)

1. Be able to develop an international business organisation based on analysis of the business environment.

2. Understand the dynamics between an organisation’s resources, products, services and its environment.

3. Be able to evaluate business ethics and their impact in the wider society from a global perspective.

4. Understand the concepts and perspectives of Corporate Governance in an international organisation.

5. Understand how organisations manage corporate governance and ethics so as to achieve corporate goals.

6. Be able to effectively implement and monitor ethical and governance issues in developing an appropriate corporate strategy.
1.1 Assess the relative importance of environmental search for organisations with an international perspective. 2.1 Undertake an audit of an organisation’s tangible and intangible resources to assess congruence with organisational goals. 3.1 Identify potential conflicts of interest between business profitability and social responsibility. 4.1 Identify conflicting perspectives on corporate governance of international organisations. 5.1 Describe the impact of corporate governance and ethics policies on organisational strategy, business operations and costs. 6.1 Outline a framework for corporate governance that includes key ethical considerations.
1.2 Describe the benefits, challenges and risks of operating in an international environment. 2.2 Critically assess the effectiveness of growth strategies in relation to environmental change. 3.2 Critically assess the impact of creating a business ethics institutional framework on business practice. 4.2 Explain how sound practice in corporate governance contributes to the organisational goals of an international company. 5.2 Explain the impact of corporate governance on the internal controls of an organisation in a global context. 6.2 Describe practical organisational arrangements for supervising governance, ethical, environmental and social issues.
1.3 Carry out a case study of an international organisation focused on the organisation and management structure and its relationship with the business environment. 2.3 Critically evaluate an organisation’s products/services in relation to changes in the global environment. 3.3 Explain the moral and ethical questions facing organisations in different cultures and systems. 4.3 Compare the effectiveness of different global models of corporate governance from more than one perspective. 5.3 Devise management strategies that comply with corporate governance and achieve sustainable levels of profitability. 6.3 Analyse a corporate governance policy and identify specific strengths and weaknesses in relation to corporate strategy.
3.4 Analyse the tensions between ethical management, profitability, obligations to shareholders and responsibility in the community. 4.4 Critically assess the institutional elements of corporate governance.
3.5 Explain how conceptual frameworks fundamental to the implicit contract between business and society have changed over time.
3.6 Analyse policy on social and environmental responsibility presented by international organisations for political bias.