Principles of Business Management
- Faculty
 Faculty of Business Management and Social Sciences
- Version
 Version 1 of 15.01.2025.
- Module identifier
 22B0741
- Module level
 Bachelor
- Language of instruction
 English
- ECTS credit points and grading
 5.0
- Module frequency
 winter and summer term
- Duration
 1 semester
- Special features of the module
 Students will be familiarised with the foundations of business management, administration and scientific tools and methods with approaches. Students will be able to identify the success factors of business management in relation to the value chain. The students will be able to identify different business formats and organizational combinations with the help of case studies.
- Brief description
 Students will be familiarised with the foundations of business management, administration and scientific tools and methods with approaches. Students will be able to identify the success factors of business management in relation to the value chain. The students will be able to identify different business formats and organizational combinations with the help of case studies
- Teaching and learning outcomes
 1. Fundamentals of Business 2. Global Business 3. Small Business Enterprise 4. Medium to Large Business Structures 5. Business Combinations 6. Role of Management 7. Teams and Management 8. Human Resource Management 9. Business Ethics 10.Business Strategy 11. Financial Markets 12. Production Management
- Overall workload
 The total workload for the module is 150 hours (see also "ECTS credit points and grading").
- Teaching and learning methods
 Lecturer based learning Workload hours Type of teaching Media implementation Concretization 45 Lecture Presence - Lecturer independent learning Workload hours Type of teaching Media implementation Concretization 105 Preparation/follow-up for course work - 
- Graded examination
 - Written examination or
 - Portfolio exam
 
- Remark on the assessment methods
 Portfolio examination with a total of 100 points consists of a report (presentation with a written report) and one-hour written examination with 50 points each.
- Exam duration and scope
 Written examination: in accordance with the valid study regulations
Portfolio examination: Presentation: approx. 15-25 minutes with written report: approx. 5-10 pages
The requirements are specified in the respective lectures.
- Recommended prior knowledge
 None
- Knowledge Broadening
 Students who successfully complete this module can
- define basic terms of business administration
 - describe the concepts of business administration in relation to value added process.
 
- Knowledge deepening
 Students who successfully complete this module can
- review the differences and similarities of different business combinations.
 - review the advantages and disadvantages of different business combinations.
 
- Application and Transfer
 Students who successfully complete this module can
- identify the different business formats and combinations and discuss them in relation to international environments on an academic level.
 - examine the impact of globalization in relation to strategy and the business enterprise.
 
- Literature
 Courtland L. Bovee, John V. Thill; Business in Action, 2015, 7th Edition, Pearson Gary Dressler; Management, 2014,14th Edition, Pearson Alan Rugmann, Simon Collinson; International Business, 2012, 6th Edition, Pearson Mead, Andrews; International Management, 2009, 4th Edition, Wiley
- Applicability in study programs
 - Business Law (Bachelor)
 - Business Law, LL.B.
 
- International Business and Management
 - International Business and Management, B.A.
 
- Business Management in the Health Sector
 - Business Management in the Health Sector, B.A.
 
- International Management
 - International Management, B.A.
 
- International Economics and Sustainability
 - International Economics and Sustainability B.A. (01.09.2024)
 
- Business Administration and Management
 - Business Administration and Management, B.A.
 
- Person responsible for the module
 - Kaur-Lahrmann, Ravinder
 
- Teachers
 - Kaur-Lahrmann, Ravinder