Leader: Leonid Churilov (semester 1), Damminda Alahakoon (semester 2)
Clayton First semester 2005 (Day)
Clayton Second semester 2005 (Evening)
Gippsland Second semester 2005 (OCL)
Hong Kong Second semester 2005 (OCL)
Singapore Second semester 2005 (OCL)
Thailand Second semester 2005 (OCL)
Synopsis: Fundamental operations of a typical business operating in the merchandising, manufacturing or service delivery sectors including life cycle of a typical transaction. Fundamentals of systems dynamics and business process modelling. Introduction to the fundamental techniques for quantitative analysis of business data in the context of business processes studied. Application of techniques such as descriptive statistics, correlation, basic time series analysis, forecasting, regression and financial analysis are presented as a means of more precisely analysing and understanding business processes and strategic management of organisations.
Assessment: Assignments: 30% + Examination (2 hours): 70% + Students must pass the examination in order to pass the unit.
Contact Hours: One 2-hour lecture and one 1-hour laboratory per week
Prerequisites: Entry to the Master of Business Systems or equivalent Masters program