OFQUAL Level 5

Operating in a Global Context

The OTHM Level 5 Extended Diploma in Business Management qualification provides learners with a specialist work-related programme of study, aiming to deepen knowledge and understanding in key aspects of the business sector.

Qualification Details

OFQUAL ID 610/0335/9

Level Level 5

Total Credits 240

Guided Learning 1200

Total Qual Time 2400

Awarding Body OTHM Qualifications

Sector Business management

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Learning Objective

What You'll Learn

To enable the learner to analyse the evolution of globalisation and differentiate between its various types.
To enable the learner to critically evaluate the drivers, positive impacts, and negative consequences of globalisation on businesses and the global economy.
To enable the learner to assess the global business environment and identify key global issues influencing globalisation strategies.
To enable the learner to justify the rationale for businesses to expand into global markets and compare different market entry strategies.
To enable the learner to recommend the most appropriate mode of entry for a specific business case, considering its unique circumstances.
To enable the learner to evaluate the impact of global operations on a business's structure, culture, strategic decisions, and operational practices, and to propose effective responses to these impacts.

Learning Outcomes

Understand the context of globalisation.
Understand the factors which drive globalisation.
Understand how and why a business would want to operate in global markets.
Understand how operating in a global market impacts a business.

Assessment Methods

Coursework

Units & Credit Structure

This unit encourages exploration of key globalisation theories, concepts, and models to appreciate the complexities and benefits of globalisation.