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ME30197: Business processes

Follow this link for further information on academic years Academic Year: 2019/0
Further information on owning departmentsOwning Department/School: Department of Mechanical Engineering
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Honours (FHEQ level 6)
Further information on teaching periods Period:
Semester 1
Further information on unit assessment Assessment Summary: CW100
Further information on unit assessment Assessment Detail:
  • Assessment detail data for this unit is currently being updated as a change has been approved. Updated assessment information will be published here shortly.
Further information on supplementary assessment Supplementary Assessment:
ME30197 Re-Assessment Examination (where allowed by programme regulations)
Further information on requisites Requisites:
Further information on descriptions Description: Aims:
To provide:
* An understanding of the various business processes required to operate manufacturing and service businesses.
* A knowledge of business economics and its use in decision making.
* An understanding of project costing
* An understanding of various business improvement processes such as TQM, change management and BPR
* A knowledge of business strategy.
* An understanding of marketing strategy and techniques.

Learning Outcomes:
After taking this unit the student should be able to:
* Analyse supply and demand data.
* Carry out financial appraisals of engineering projects
* Take part in the implementation of TQM, BPR and other operations management techniques.
* Write a mission statement and analyse and develop an engineering businesses strategy.
* Analyse market data and develop alternative marketing strategies.

Skills:
Problem solving; written communication; working independently.

Content:
Business Economics - supply demand, elasticity, financial markets.
Project Accounting - Cost cash flow, ROI, NPV, resource planning .
Marketing - Price, the marketing mix, advertising, promotion, budgets.
Operations - TQM, change management, BPR, SPC and other initiatives.
Strategy - Missions, objectives, internal and external analysis, options, implementation.
Further information on programme availabilityProgramme availability:

ME30197 is Compulsory on the following programmes:

Department of Mechanical Engineering
  • UEME-AFB38 : BEng(Hons) Mechanical Engineering with Manufacturing and Management (Year 3)
  • UEME-AKB38 : BEng(Hons) Mechanical Engineering with Manufacturing and Management with Year long work placement (Year 4)
  • UEME-AFM38 : MEng(Hons) Mechanical Engineering with Manufacturing and Management (Year 3)
  • UEME-AKM38 : MEng(Hons) Mechanical Engineering with Manufacturing and Management with Year long work placement (Year 4)

ME30197 is Optional on the following programmes:

Department of Electronic & Electrical Engineering
  • UEXX-AFB02 : BEng(Hons) Integrated Mechanical and Electrical Engineering (Year 3)
  • UEXX-AKB02 : BEng(Hons) Integrated Mechanical and Electrical Engineering with Year long work placement (Year 4)
  • UEXX-AFM02 : MEng(Hons) Integrated Mechanical and Electrical Engineering (Year 3)
  • UEXX-AKM02 : MEng(Hons) Integrated Mechanical and Electrical Engineering with Year long work placement (Year 4)
Department of Mechanical Engineering
  • UEME-AFM04 : MEng(Hons) Aerospace Engineering (Year 4)
  • UEME-AKM04 : MEng(Hons) Aerospace Engineering with Year long work placement (Year 5)
  • UEME-AFM16 : MEng(Hons) Mechanical Engineering (Year 4)
  • UEME-AKM16 : MEng(Hons) Mechanical Engineering with Year long work placement (Year 5)
  • UEME-AFM47 : MEng(Hons) Mechanical with Automotive Engineering (Year 4)
  • UEME-AKM47 : MEng(Hons) Mechanical with Automotive Engineering with Year long work placement (Year 5)

Notes: