LRN Level 5 Diploma in Business and Enterprise
Official qualification regulated by Ofqual, awarded by LRN. Classified as a Vocationally-Related Qualification. Total guided learning hours: 960 hours.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
LRN Level 5 Diploma in Business and Enterprise
Business Law
- Be able to apply the main principles affecting the legal relationship between business organisations and their consumers, Be able to apply the legal rules on consumer credit agreements and agency, Understand the legal rules relating to monopolies, mergers and anticompetitive practices, Know the key provisions relating to intellectual property rights
LRN Level 5 Diploma in Business and Enterprise
Human Resource Management Principles
- Distinguish between personnel management and human resource management
- Explain the stages of the recruitment and selection process
- Evaluate different reward systems used to motivate and retain employees
- Analyse the legal and procedural requirements for terminating employment
- Apply recruitment methods to a given organisational context
- Assess the impact of reward strategies on employee motivation and retention
LRN Level 5 Diploma in Business and Enterprise
Employment Law
- Explain the sources of individual employment rights in the UK
- Describe the role of employment tribunals and other enforcement bodies
- Analyse the nature and scope of the employment relationship
- Apply the legal provisions of discrimination law to workplace scenarios
- Apply health and safety legislation to a business context
- Evaluate the impact of human rights and data protection legislation on employment
LRN Level 5 Diploma in Business and Enterprise
Strategic Business Management and Planning
- Understand the nature, scope and need for strategic business management and planning in international profit and not-for-profit organisations, Understand a range of classical and contemporary models, concepts and tools in business strategy and planning, Understand the processes by which organisations identify and develop their goals and values, Understand the impact of political, economic, social, technological, environmental and legal factors on an organisation, Understand the key forces that represent both opportunities and threats to organisations whether for profit or not for profit, Understand the strategy process for an organisation to achieve competitive advantage, Understand the future challenges affecting strategic business management and planning
LRN Level 5 Diploma in Business and Enterprise
Managing in a Global Business Environment
- Understand the markets in which different types of organisation operate, and recognise the importance of organisational and cultural factors in shaping the global business environment, Be familiar with how business is organised globally and understand the functions and roles of management for this environment, Understand how businesses can develop strategy for the global environment whilst being aware of the need for ethics business practices
LRN Level 5 Diploma in Business and Enterprise
Ethics in Business
- Understand different ethical perspectives in business, Understand business objectives from an ethical perspective, Understand ethics in workplace relationships, Be able to assess a current ethical issue in a business
LRN Level 5 Diploma in Business and Enterprise
Employee Relations
- Understand the context of employee relations against a changing background, Understand the nature of industrial conflict and its resolution, Understand collective bargaining and negotiation processes, Understand the concept of employee participation and involvement
LRN Level 5 Diploma in Business and Enterprise
Managing Human Resources Practice
- Understand the different perspectives of human resource management, Understand ways of developing flexibility within the workplace, Understand the impact of equal opportunities within the workplace, Understand approaches to human resources practices in organisations
LRN Level 5 Diploma in Business and Enterprise
Introduction to Business and Enterprise
- Be able to understand “What is enterprise?”, Recognise the necessity for enterprise capability in creating a dynamic economy, Understand the next level of enterprise
LRN Level 5 Diploma in Business and Enterprise
Introduction to Accounting
- Understand the sources of finance available to a business, Understand the implications of finance as a resource within a business, Be able to make financial decisions based on financial information, Be able to evaluate the financial performance of a business
LRN Level 5 Diploma in Business and Enterprise
Marketing Communications
- Explain the concept of an integrated marketing communications strategy, Explain the major theories relating to communication and communication processes and how these are used to underpin the development of real-world marketing communication, Analyse the relative strengths and weaknesses of individual marketing communication tools (e.g. advertising, sales promotion, public relations and publicity, personal selling), Create an integrated marketing communications programme, Analyse other related issues affecting marketing communications including the legal, ethical and cultural challenges and the implications of globalisation
LRN Level 5 Diploma in Business and Enterprise
Business Decision Making
- Be able to use a variety of sources for the collection of data, both primary and secondary, Understand a range of techniques to analyse data effectively for business purposes, Be able to produce information in appropriate formats for decision making in an organisational context, Be able to use software-generated information to make decisions in an organisation
LRN Level 5 Diploma in Business and Enterprise
Marketing Strategy
- Understand the concept and strategic role of marketing in business, Know how to build marketing strategy, Understand the concept and role of market segmentation and positioning
LRN Level 5 Diploma in Business and Enterprise
Organisational Behaviour
- Evaluate the impact of individual differences on workplace behaviour and performance.
- Apply motivational theories to design effective reward systems in a given organisational context.
- Analyse the factors that contribute to effective teamwork and group cohesion.
- Compare and contrast different leadership styles and their suitability for various organisational situations.
- Assess the role of management in coordinating resources and achieving organisational goals.
- Critically evaluate different organisational structures and their implications for communication and decision-making.
- Justify the importance of organisational culture in shaping employee behaviour and organisational success.
LRN Level 5 Diploma in Business and Enterprise
Corporate Social Responsibility
- Evaluate the significance of current CSR issues for business operations and strategy
- Analyse the impact of CSR policies on different stakeholder groups
- Develop justified recommendations for responsible business practice in a given context
LRN Level 5 Diploma in Business and Enterprise
Project Management for Business
- Evaluate leading project management methodologies (e.g., Agile, Waterfall, PRINCE2) and their applicability to business scenarios.
- Develop a comprehensive human resource plan for a project, including team roles, responsibilities, and motivation strategies.
- Apply project process tools (e.g., Gantt charts, critical path analysis) to schedule tasks and allocate resources effectively.
- Assess the impact of project constraints (time, cost, quality) on decision-making throughout the project lifecycle.
- Create a stakeholder communication plan to manage expectations and ensure project alignment.
Regulatory & Verification Details
- Qualification Number (QN)
- 601/8274/X
- Regulated Status
- Available to learners
- Awarding Body
- LRN
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Aug 2016