Professional Documents
Culture Documents
COURSE INFORMATION
Course Description :
This course is basic for all students in business education. It deals with the study
of management of a dynamic business enterprise in response to the development of
new ideas and frames of reference, the strong urge to improve and meet the current
demands upon managers by economic, social, technical, and political forces.
The dynamic quality of business enterprise suggests the need for principles,
theories and selected modern management practices.
Topics
The Nature of Strategic Management
The Business Vision and Mission
The External Assessment
The Nature of an External Audit
(The Industrial Organization View
Economic Forces, Social, Cultural, Demographic and Natural Environment Forces, Political,
Governmental, and Legal Forces, Technological Forces, Competitive Forces, Forecasting Tools
and Techniques and Industry Analysis)
The Internal Assessment
Strategies in Action
o Long-Term Objectives
o The Balanced Scorecard
o Types of Strategies
integration Strategies
Intensive Strategies
Diversification Strategies
Defensive Strategies
Michael Porter’s Five Generic Strategies
Means for Achieving Strategies
Strategic Management in Nonprofit and Governmental Organizations
Strategic Management in Small Firms
Strategy Analysis and Choice
Implementing Strategies: Management and Operations Issues
Implementing Strategies: Marketing, Finance/Accounting, R & D, and MIS Issues
Strategy Review, Evaluation, and Control
Business Ethics/Social Responsibility/Environmental Sustainability
Global/International Issues
Strategic-Management Case Analysis
How to Prepare and Present a Case Analysis
Course Requirement
Grading System
As a student enrolled in online classes, attendance still matters. You’ll want to log into
whatever online platform your professor is using. Make sure your computer is charged
and be ready to appear on screen in a timely fashion. Being late is not acceptable,
especially as your commute is (probably) from your bedroom to the couch in your living
room! Dress properly, being a young frontliner you must know how to present yourself.
Don’ts
Hopefully those who are new to online learning find it is, at the very least, a workable
temporary solution -- and possibly even something you want and personally preferable
to on-campus learning. It’s a fast-paced and dynamic way to accelerate your learning
and it will help you achieve your goals, both academically and personally. Online
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learning gets you closer to degree completion and can give you the skills and
knowledge needed to excel in your career.
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