UNIT DESCRIPTION
BSB50207 Diploma of Business
CRICOS 067323E
Qualification Requirements: 8 units: 8 elective units
Subject Name: Human Resources Management
This subject consists of three competency units:
BSBHRM506A Manage recruitment, selection and induction processes
This unit describes the performance outcomes, skills and knowledge required to manage all aspects of the recruitment selection and induction processes in accordance with organisational policies and procedures.
BSBHRM504A Manage Workforce Planning
This unit describes the performance outcomes, skills and knowledge required to plan workforce strategies to achieve organisational goals and objectives.
It includes aligning workforce objectives with business plans, analysing labour market trends and predictions, and designing strategies and succession plans to ensure a competent and appropriately diverse workforce is available to meet anticipated changes.
BSBHRM505B Manage remuneration and employee benefits
This unit describes the performance outcomes, skills and knowledge required to implement an organisation's remuneration and benefit plans. It incorporates all functions associated with remuneration, including packaging, salary benchmarking, market rate reviews, bonuses and the legislative aspects of remuneration and employee benefits.
Subject Name: Marketing Planning
This subject consists of three competency units:
BSBMKG501B Identify and evaluate marketing opportunities
This unit describes the performance outcomes, skills and knowledge required to identify, evaluate and take advantage of marketing opportunities by analysing market data, distinguishing the characteristics of possible markets and assessing the viability of changes to operations.
BSBMKG502B Establish and adjust the marketing mix
This unit describes the performance outcomes, skills and knowledge required to determine the optimum marketing mix for a business through analysis of inter related marketing components.
BSBMKG507A Interpret market trends and developments
This unit describes the performance outcomes, skills and knowledge required to conduct an analysis of market data in order to determine organisational and competitor business performance, and to prepare market and business forecasts that assist in targeting marketing activities and in drawing up a marketing plan.
Subject Name: Financial Management
This subject consists one competency unit:
BSBFIM501A Manage Budgets and Financial Plans
This unit describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation.
Subject Name: Customer Relationship Management
This subject consists one competency units:
BSBCUS501C Manage quality customer service
This unit describes the performance outcomes, skills and knowledge required to develop strategies to manage organisational systems that ensure products and services are delivered and maintained to standards agreed by the organisation.