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 positive social impact. A major focus is on gaining a critical appreciation of stakeholder theory and understanding how this theory frames relationships between business and other sectors of economy and society, including not for profit actors and government. It will also cover several important areas that stakeholder theory has helped to shape and define including business ethics, corporate social responsibility, sustainability, philanthropy and social impact.
Students who successfully complete this unit will be able to:
1. Demonstrate an advanced understanding of sustainability and social impact issues and trends in relation to business and its connection with government and civil society
2. Analyse the nature of business and economic processes considering various stakeholder perspectives of sustainability and social impact
3. Work collaboratively to produce well-reasoned and evidenced arguments that address major societal issues
4. Communicate using a variety of digital technologies