Unit 5
Business Models and Planning
Business Models and Planning
Unit 5 Business Models and Planning
Unit Code: MU000681 | 20 credits
Unit 5 Business Models and Planning is the core business unit of the course. It introduces you to the basics of general business processes and developing strategies around short and longer-term challenges. Teaching includes theoretical approaches, and case-study-based learning.
Holistic assessment
A business presentation to your cohort peer group in two parts:
• An outline of your own specific strategy for personal career development, to enable you to use the ideas of this Unit and the course as whole to support your continuing use of the reflective practitioner concept in your personal and professional future (formatively assessed).
• A critical review of how you intend to apply the project management and business model ideas of this Unit to the creation of your final assignment for Unit 7, or an alternative 'real-world' scenario which is relevant to your current professional practice (formatively assessed).
The Unit concludes with the submission of a 2,000-word report (or a similar value artefact such as a video production or digital resource - with prior agreement of the unit tutor), exploring the opportunities and challenges (risks) of creating a sustainable business model for your artistic or cultural future. You are encouraged to build upon the work you have done in the earlier units of the course (summatively assessed).