Overview

This unit challenges students to identify and evaluate major socio-economic issues, the role of various stakeholders, and the potential for business solutions that can drive sustainable development and innovation. A major focus is on gaining a critical appreciation of stakeholder theory, and understanding how this theory frames integrative thinking, across disciplines. It will also cover two important areas that stakeholder theory has helped to shape and define: business ethics and corporate social responsibility.

Requisites

Prerequisites
MGT10009 Contemporary Management Principles

Rule
MGT10009 Contemporary Management Principles
OR
SIP10001 Creating Social Change: From Innovation to Impact
OR
MME30001 Engineering Management 1
OR
AVA20003 Aviation Business Strategies and Management OR AVA10012 Airline Business Strategy
AND
AVA10001 The Global Aviation System
OR
ENG10001 Humanitarian Engineering Design Project
AND
COS10025 Technology in an Indigenous Context Project
OR
MME30002 Engineering Management Project

Teaching Periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Semester 1
Location
Hawthorn
Start and end dates
26-February-2024
26-May-2024
Last self-enrolment date
10-March-2024
Census date
31-March-2024
Last withdraw without fail date
12-April-2024
Results released date
02-July-2024
Teaching Period 1
Location
Online
Start and end dates
11-March-2024
09-June-2024
Last self-enrolment date
24-March-2024
Census date
05-April-2024
Last withdraw without fail date
26-April-2024
Results released date
02-July-2024
Teaching Period 3
Location
Online
Start and end dates
04-November-2024
09-February-2025
Last self-enrolment date
17-November-2024
Census date
29-November-2024
Last withdraw without fail date
27-December-2024
Results released date
04-March-2025

Learning outcomes

Students who successfully complete this unit will be able to:

  • Demonstrate an understanding of important issues and trends throughout the business-society interface
  • Explore the nature of business and economic processes using social analysis and considering various stakeholder perspectives and priorities
  • Work individually and collaboratively to produce well-reasoned and evidenced arguments that address major societal issues from the perspective of diverse stakeholder interests
  • Explore and critique contemporary, cross-cultural and cross-functional initiatives such as collaborative alliances
  • Communicate using a variety of digital technologies

Teaching methods

Hawthorn

Type Hours per week Number of weeks Total (number of hours)
On-campus
Class
2.00 12 weeks 24
Online
Lecture
1.00 12 weeks 12
Unspecified Activities
Various
9.50 12 weeks 114
TOTAL150

Swinburne Online

Type Hours per week Number of weeks Total (number of hours)
Online
Directed Online Learning and Independent Learning
12.50 12 weeks 150
TOTAL150

Assessment

Type Task Weighting ULO's
Online TestsIndividual 20 - 30% 1,2 
PresentationIndividual 30 - 40% 1,2,4,5 
ReportGroup 30 - 50% 1,2,3,4 

Content

  • The business-society interface
  • Theory differentiating between philanthropy, corporate social responsibility and corporate citizenry
  • Building sustainable value through Social Enterprise, Microfinance, and Public-Private Partnership (PPP)
  • Stakeholder theory
  • Emerging issues in social development
  • Sustainability and corporate social responsibility
  • Impact of climate change on global economic, political and social agendas impacting business and society

Study resources

Reading materials

A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.