Executive And Routine Functions Of Financial Management

Students from all over the world choose Northumbria University for many reasons; our academic excellence, and that they will benefit from a fantastic student experience. Internationalisation of business is creating a substantial increase in intercultural contact, which is reflected in the skills set of managers operating in a globalised world. Managers need to develop sensitivity to and a critical understanding of issues arising out of cultural difference, and be equipped to manage and operate in diversity. The module explores themes of: a) concepts of culture, b) cultural differences and c) globalisation. It will also explore related ideas such as ethnocentrism and prejudice. It looks at and draws upon the work of leading theorists, such as Hofstede and Trompenaars, in the analysis of cultural difference. It will look at cross-cultural differences in communication and negotiation style. The workshop element of the module will consider the practical consequences of cultural difference for corporations and sojourners. Types of international corporate culture will be examined. The nature of culture shock will be explored.

Let’s say you are elderly and living on your modest retirement savings in a modest apartment with a roommate who contributes to the rent and bills. You couldn’t afford a place to live on your own income, but between the two of you you can get a budget apartment. Now if your roommate dies, gets injured or becomes ill, becomes disabled, gets put into medical care, or is just a jerk and leaves you without notice, you may become homeless. If the person goes into medical care your joint belongings may also be sold off to pay for that care.

Each of the courses in our accounting, finance and economics framework will give you vital core skills, as well as offering specialist options depending on the pathway you choose to pursue. All courses’ first year units are the same, allowing you the flexibility to transfer to another pathway at the end of the first year. This keeps your career options open and enables you to make more informed choices.