| Qualification | OTHM Level 4 Diploma in Business Management |
| Qualification Number | 610/0763/8 |
| Unit Reference Number | Y/650/1149 |
| Unit Title | Operating in a Global Context |
| Unit Level | 4 |
| Number of Credits | 20 |
| Total Qualification Time | 200 Hours |
| Guided Learning Hours (GLH) | 100 Hours |
| Mandatory / Optional | Mandatory |
From a business perspective, the world is becoming a smaller place. Businesses need to be open to new ideas, new opportunities and a new way of operating. This means businesses need to expand and transform in what is a fast paced and dynamic environment. The aim of this unit is to encourage the exploration of key globalisation theories, concepts and models which will enable learners to gain an appreciation of the complexities of globalisation as well as the benefits globalisation presents to a business.
| Learning Outcome – The learner will: | Assessment Criterion – The learner can: |
| 1. Understand the context of globalisation. | 1.1 Explain how globalisation has evolved.
1.2 Compare different types of globalisation. 1.3 Discuss the positive and negative effects of globalisation. |
| 2. Understand the factors which drive globalisation. | 2.1 Explain what is meant by the term ‘global economy.’
2.2 Explain what is meant by the term ‘global business environment.’ 2.3 Discuss key global issues which drive globalisation. |
| 3. Understand how and why a business would want to operate in global markets. | 3.1 Discuss why a business would want to enter global markets.
3.2 Compare ways in which a business can enter a global market. 3.3 Recommend a preferred mode of entry to a business. |
| 4. Understand how operating in a global market impacts a business. | 4.1 Explain how operating in a global market impacts a business’s structure and culture.
4.2 Explain how operating in a global market impacts a business’s strategic and operational decision making. 4.3 Suggest ways in which a business could respond to the impact of globalisation. |
To achieve a ‘pass’ for this unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria.
| Learning Outcomes to be met | Assessment Criteria to be covered | Assessment type | Word count (approx. length) |
| LO1 | AC1.1-1.3 | Poster | 750 words |
| LO2 | AC2.1, 2.2, 2.3 | Essay | 750 words |
| LO3 and LO4 | AC3.1, 3.2, 3.3, 4.1, 4.2, 4.3 | Coursework | 1500 words |
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