MG301 Strategic Management Planning

DESCRIPTION

The unit aims to provide students with a systematic, comprehensive framework for analysing organisational problems and an understanding of the current international research in this area. Primarily the unit aims to help students to develop a better understanding of the strategic aspects of an organisation and the role of accounting in organisational performance, including decision-making, planning and control. Finally, the unit develops an understanding of contemporary management practices and understanding of the corporate governance in merger and acquisitions.

RELEVANT COURSES

Bachelor of Accounting*

Elective unit

CREDIT POINTS

10

DELIVERY MODE

On campus
Intensive
Extensive

PREREQUISITE OR CO-REQUISITE

MG101 Management

UNIT LEARNING OUTCOMES

LO1 Analyse and demonstrate understanding and knowledge of strategic management concepts

LO2 Demonstrate and apply knowledge of management accounting as well as ethical perspectives relating to achieving strategic organisational goals and optimisation of business performance.

LO3 Exercise critical thinking, evaluation and judgement for evidence-based problem solving, decision making and planning across a range of strategic management issues

LO4 Effectively communicate in a debating forum about a strategic management issue

CONTENT

  • Strategic management and strategic competitiveness
  • The external environment: Opportunities, threats, industry competition, and competitor analysis
  • The international organisation: Resources, capabilities, core competencies, and competitive advantages
  • Business-level strategy, competitive rivalry, and competitive dynamics
  • Corporate-level strategy
  • Merger and acquisition strategies
  • International strategy
  • Cooperative strategy
  • Corporate governance
  • Organisational structure and controls
  • Strategic leadership
  • Strategic entrepreneurship

ASSESSMENT METHODS

  1. Presentation and Debate – 20%
  2. Case Study Analysis – 30%
  3. Exam – 50%

PRESCRIBED READINGS

Ireland, R.D., Hoskisson, R.E. & Hitt, M.A. (2019). Strategic management concepts: Competitiveness and globalisation (13th ed.). Cengage Learning.

Check with the lecturer each semester before purchasing any textbooks