Major, ongoing change is the distinguishing characteristic of the business environment worldwide and it affects how contemporary organizations operate and deal with change. Organizations still need to do more with less. In addition, they need to provide for the needs of customers who, with more exposure to local and global markets, have higher expectations relating to the cost, quality, speed and innovation of the services and products they purchase from these organizations.
Due to this global need for managing change, 'new' forms of organization are replacing the 'old' traditional bureaucracy and presenting managers with unique challenges. Thus managers of contemporary organizations need to take a holistic view of the changes in their environments and need to apply a completely new set of skills.
The approach towards contemporary management principles offered in this publication integrates discussions on vital managerial competencies and skills with information on traditional and essential managerial concepts that have been effective in the past and are still effectively used today in many business organizations. The emphasis is on the vital role of human resources in the success of an organization and the need for modern managers to self-actualize and embrace the practice of life-long learning.
Course Content
This course contains; Global Clusters of Innovation
,Thin Political Markets: The Soft Underbelly of Capitalism
,New World order and organziations
,Developments in Supply Chain Management,Globalization and Organizations,Organizational Development,Productivity in aging world,G20 and new organizational relaitonships,World economic situation and effects on organizations.,Latest developments in management education.,Covid and business life
,Covid and future of family businesses
,Impact of Covid-19 on world business: Asian perspective.,Impact of Covid-19 on world business: Asian perspective..
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1 The student will be able to examine the issue of globalization in depth from the perspective of businesses.
16, 9
A
1.1 Learns about globalization in details.
1.2 Examines the impact of globalization on operators.
2 The student will be able to explain the impact of the basic dynamics of capitalization on businesses.
16, 9
A
2.1 Learns about the logic and history of capitalism.
2.2 Kapitalizmin modern örgütler üzerindeki etkilerini açıklar.
3 Students wil be able to explain the new world order and new management approaches.
16, 9
A
3.1 Learns about newest political developments affecting business life.
3.2 Understands the nature of the politics-business relationship.
4 The student will be able to explain in detail the 4 new world orders and productivity in this new order.
16, 9
A
4.1 Understands the logic of G20 countries and the organization in these countries.
4.2 Understands the impact of world economic developments on businesses.
5 The student will be able to explain the impact of global crises such as Covid-19 on business.
16, 9
A
5.1 Understands the positive and negative effects of the Covid-19 process on businesses.
5.2 Learns remote working and e-leadership processes.
Thin Political Markets: The Soft Underbelly of Capitalism
3
New World order and organziations
4
Developments in Supply Chain Management
5
Globalization and Organizations
6
Organizational Development
7
Productivity in aging world
8
G20 and new organizational relaitonships
9
World economic situation and effects on organizations.
10
Latest developments in management education.
11
Covid and business life
12
Covid and future of family businesses
13
Impact of Covid-19 on world business: Asian perspective.
14
Impact of Covid-19 on world business: Asian perspective.
Resources
Issues in Business, Thirteenth Edition
William H. Shaw, Vincent Barry
WWW RESOURCES:
• www.imf.org
• http://www.imf.org/external/ns/cs.aspx?id=29
• http://www.oxfordenergy.org/articles.shtml
• http://www.worldbank.org/financialcrisis/
• http://www.enterprisesurveys.org/
• http://ec.europa.eu/economy_finance/index_en.htm
• http://www.bbc.co.uk/news/business/
• http://www.opec.org/opec_web/en/154.htm
• http://ppp.worldbank.org/public-private-partnership/agreements
Hristov, I., & Appolloni, A. (2022). Stakeholders' engagement in the business strategy as a key driver to increase companies' performance: Evidence from managerial and stakeholders' practices. Business Strategy and the Environment, 31(4), 1488-1503.
Lim, W. M., Ciasullo, M. V., Douglas, A., & Kumar, S. (2022). Environmental social governance (ESG) and total quality management (TQM): a multi-study meta-systematic review. Total Quality Management & Business Excellence, 1-23.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of business administration
X
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
3
Uses at least one computer program in the field of business and management
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
X
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
X
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
X
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
0
0
0
Guided Problem Solving
0
0
0
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
0
0
0
General Exam
0
0
0
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
0
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(0/30)
0
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
CURRENT ISSUES in BUSINESS
BUS3113625
Fall Semester
3+0
3
5
Course Program
Salı 12:45-13:30
Salı 13:30-14:15
Salı 14:30-15:15
Prerequisites Courses
Recommended Elective Courses
Language of Course
English
Course Level
First Cycle (Bachelor's Degree)
Course Type
Elective
Course Coordinator
Assoc.Prof. Elif BAYKAL
Name of Lecturer(s)
Assoc.Prof. Candide ULUDAĞ
Assistant(s)
Aim
Major, ongoing change is the distinguishing characteristic of the business environment worldwide and it affects how contemporary organizations operate and deal with change. Organizations still need to do more with less. In addition, they need to provide for the needs of customers who, with more exposure to local and global markets, have higher expectations relating to the cost, quality, speed and innovation of the services and products they purchase from these organizations.
Due to this global need for managing change, 'new' forms of organization are replacing the 'old' traditional bureaucracy and presenting managers with unique challenges. Thus managers of contemporary organizations need to take a holistic view of the changes in their environments and need to apply a completely new set of skills.
The approach towards contemporary management principles offered in this publication integrates discussions on vital managerial competencies and skills with information on traditional and essential managerial concepts that have been effective in the past and are still effectively used today in many business organizations. The emphasis is on the vital role of human resources in the success of an organization and the need for modern managers to self-actualize and embrace the practice of life-long learning.
Course Content
This course contains; Global Clusters of Innovation
,Thin Political Markets: The Soft Underbelly of Capitalism
,New World order and organziations
,Developments in Supply Chain Management,Globalization and Organizations,Organizational Development,Productivity in aging world,G20 and new organizational relaitonships,World economic situation and effects on organizations.,Latest developments in management education.,Covid and business life
,Covid and future of family businesses
,Impact of Covid-19 on world business: Asian perspective.,Impact of Covid-19 on world business: Asian perspective..
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1 The student will be able to examine the issue of globalization in depth from the perspective of businesses.
16, 9
A
1.1 Learns about globalization in details.
1.2 Examines the impact of globalization on operators.
2 The student will be able to explain the impact of the basic dynamics of capitalization on businesses.
16, 9
A
2.1 Learns about the logic and history of capitalism.
2.2 Kapitalizmin modern örgütler üzerindeki etkilerini açıklar.
3 Students wil be able to explain the new world order and new management approaches.
16, 9
A
3.1 Learns about newest political developments affecting business life.
3.2 Understands the nature of the politics-business relationship.
4 The student will be able to explain in detail the 4 new world orders and productivity in this new order.
16, 9
A
4.1 Understands the logic of G20 countries and the organization in these countries.
4.2 Understands the impact of world economic developments on businesses.
5 The student will be able to explain the impact of global crises such as Covid-19 on business.
16, 9
A
5.1 Understands the positive and negative effects of the Covid-19 process on businesses.
5.2 Learns remote working and e-leadership processes.
Thin Political Markets: The Soft Underbelly of Capitalism
3
New World order and organziations
4
Developments in Supply Chain Management
5
Globalization and Organizations
6
Organizational Development
7
Productivity in aging world
8
G20 and new organizational relaitonships
9
World economic situation and effects on organizations.
10
Latest developments in management education.
11
Covid and business life
12
Covid and future of family businesses
13
Impact of Covid-19 on world business: Asian perspective.
14
Impact of Covid-19 on world business: Asian perspective.
Resources
Issues in Business, Thirteenth Edition
William H. Shaw, Vincent Barry
WWW RESOURCES:
• www.imf.org
• http://www.imf.org/external/ns/cs.aspx?id=29
• http://www.oxfordenergy.org/articles.shtml
• http://www.worldbank.org/financialcrisis/
• http://www.enterprisesurveys.org/
• http://ec.europa.eu/economy_finance/index_en.htm
• http://www.bbc.co.uk/news/business/
• http://www.opec.org/opec_web/en/154.htm
• http://ppp.worldbank.org/public-private-partnership/agreements
Hristov, I., & Appolloni, A. (2022). Stakeholders' engagement in the business strategy as a key driver to increase companies' performance: Evidence from managerial and stakeholders' practices. Business Strategy and the Environment, 31(4), 1488-1503.
Lim, W. M., Ciasullo, M. V., Douglas, A., & Kumar, S. (2022). Environmental social governance (ESG) and total quality management (TQM): a multi-study meta-systematic review. Total Quality Management & Business Excellence, 1-23.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of business administration
X
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
3
Uses at least one computer program in the field of business and management
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
X
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
X
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
X
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
