|Course code MNGT2001||Units 10||Level 2000||Faculty of Business and LawNewcastle Business School|
Business Strategy analyses how business enterprises use competencies and capabilities to create and sustain competitive advantage in contested markets. The focus is on both the firm's behaviour and managerial decision-making, which determine the boundaries of the firm (what the firm does and does not do); the design of the firm's internal architecture of control and information flows; the geographical reach of the firm; and the firm's product mix and diversification. The growth of the firm is placed in the context of competitor analysis, environmental changes, and the firm's learning, research, differentiation and innovation strategies. Business Strategy emphasises the development of decision making, problem solving and communication attributes.
Available in 2015
|Objectives||On successful completion of this course, students will be able to: |
1. Demonstrate an integrative understanding of how business managers make strategic decisions to grow their business enterprises.
2. Identify the ethical and social responsibility dimension of making business decisions and their impact upon on workers, customers and society.
3. Employ national and international case studies and strategy literature to apply theoretical concepts to real business problems.
|Content||Lectures will include, but are not restricted to, the following topics:|
1. Boundaries of the firm, including resources, capabilities and competitive advantage; markets and diversification.
2. Competition, innovation and dynamics, including industry analysis, concentration, rivals and strategic positioning.
3. Internal organisation including structure and strategy; and internal labour markets.
|Replacing Course(s)||Course is not available to students who have successfully completed MNGT3010 or BUSN3050.|
|Transition||Course is not available to students who have successfully completed MNGT3010 or BUSN3050.|
|Assumed Knowledge||It is strongly recommended that students complete 60 units of the Bachelor of Business or Bachelor of Commerce courses, including IRHR1001, prior to enrolling in this course.|
|Modes of Delivery||Internal Mode|
|Contact Hours||Lecture: for 2 hour(s) per Week for Full Term|
Tutorial: for 1 hour(s) per Week for 12 weeks
|Timetables||2015 Course Timetables for MNGT2001|