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Business Models and Value Creation (11187.2)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands: 2, 3
Faculty: Faculty of Business, Government & Law
Discipline: Canberra Business School


Possible changes to your unit's learning activities and assessment items

For the remainder of 2020, resulting from Australian Government's directives requiring physical distancing and restrictions on movement because of the COVID-19 pandemic, any exams that are required for assessment in a unit will be online exams. Online exams may also use online proctoring to help assure the academic integrity of those exams. Please contact your unit convener with any questions.

While the University has made efforts to ensure that Unit Outlines reflect a unit’s learning activities and assessment items, any changes to Australian Government directives because of the COVID-19 pandemic may require changes to these during the semester to ensure the safety and well being of students and staff. These changes will not be updated in the published unit outline, but will be communicated to you via your unit’s UCLearn(Canvas) teaching site. Any changes made will continue to meet the unit’s learning outcomes, as described in the Unit Outline.

Unit Outlines

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  • Semester 1, 2020, ON-CAMPUS, BRUCE (197585) - View

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Business Models and Value Creation is a response to the significant disruption occurring in the economy due to changes in organisations and the emergence of new industries that are based upon innovative and entirely different models of business. The objectives of this unit are therefore to equip students with relevant knowledge and skills that will enable them to thrive in this turbulent, uncertain, but exciting environment, which will require a different perspective on organisations and business to survive. Students will learn to adopt a design-thinking approach to the analysis and creation of business models that centralise the objective of how to create value for customers. After completing Business Models and Value Creation, students will be able to navigate the shifting international business landscape.

Learning Outcomes

After successful completion of this unit, students will be able to:

1. Assess the different building blocks that constitute a business model;

2. Analyse real world businesses according to patterns in how they create value;

3. Utilise design thinking to create a unique model for an business or organisation; and

4. Strategically evaluate business models.

Assessment Items

Contact Hours

Three hours of interactive workshops on-campus per week.


11184 Service Management



Assumed Knowledge


Incompatible Units


Equivalent Units


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