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ME30197: Business processes

[Page last updated: 20 April 2021]

Academic Year: 2021/2
Owning Department/School: Department of Mechanical Engineering
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Honours (FHEQ level 6)
Period:
Semester 1
Assessment Summary: CW 100%
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
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.

Programme availability:
NB. Postgraduate programme information will be added when the postgraduate catalogues are published in August 2021

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-AFM48 : MEng(Hons) Integrated Design Engineering (Year 4)
  • UEME-AKM48 : MEng(Hons) Integrated Design 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:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.