Course Description:
BUSADMIN 4840 Business Policy/Strategy
| Course Number: | BUSADMIN 4840 |
| Course Name: | Business Policy/Strategy |
| Course Description: | A comprehensive review and evaluation of strategic decision-making, critical thinking, reflection, and integration of the functional organizational areas of business processes through the analysis of case studies and related readings; development of external information scanning and synthesis using resources such as Internet and scholarly business publications. |
| Prerequisites: | ACCTING 3000 and BUSADMIN 1300, 2630, 3030 and 3620 and ECONOMIC 2130 and 2230 and Senior standing. |
| Level: | Undergraduate |
| Credits: | 3 |
| Format: | Online (This course is also offered in print.) |
| Semesters Offered: |
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| Registration Instructions |
Additional Information
Learning Outcomes
Upon completion of Business Administration 4840, Business Policy and Strategy, you should be able to do the following:
- Apply strategic concepts to an organization.
- Evaluate and apply strategic tools effectively.
- Identify different strategy players in an organization and understand their differing roles.
- Apply problem solving and critical thinking to business problems.
Unit Descriptions
Unit 1: Introduction to Strategic Concepts
The concept of strategy is very ambiguous and therefore often maligned and misunderstood. This course will introduce you to some basic concepts of strategy. The first unit will provide you with an introduction to strategy and its major components. It will also introduce you to strategic analysis and ethics. The major thing to remember throughout this course is that strategy is the integration of decision-making with regard to both the internal and external environments of an organization.
Unit 2: Corporate and Business Strategy and Strategic Control
Unit 1 exposed you to the overall strategy components and tools. Unit 2 will give a more in-depth look at strategy models, exposing you to the different theories and options that management should consider when deciding how to make strategies work. The strengths and weaknesses of using each of the approaches are discussed, allowing managers to weigh the pros and cons of each option.
Several tools and concepts are also discussed, which will help managers make strategic decisions. The tools also have lists of pros and cons attached for better selection of the right tool to use by managers.
Unit 3: Present Areas of Greatest Need for Strategy
This unit introduces some major thrusts involved in strategy. Some of these strategic thrusts are global expansion, e-commerce, innovation, and leadership. An organization must constantly be aware of changes in the external environment and make the necessary changes to the internal environment. For example, a change in the use of the Internet can cause a retail organization to rethink its strategic approach to selling.
Number of Exams
There are 3 exams for this course.
Number of Assignments
There are 8 individual assignments and 3 papers for this course.
Number of Projects
There are 3 team projects and team member evaluations for this course.
Grading Information
Your final grade is based upon total points accumulated from unit examinations, the strategic move reports, the case analyses, a team project, and the written assignments.
Assignments
Unit Examination 1: 45 points
Unit Examination 2: 75 points
Unit Examination 3: 75 points
Strategic Decision Paper 1: 20 points
Strategic Decision Paper 2: 60 points
Strategic Decision Paper 3: 100 points
Case Analysis 1: 30 points
Case Analysis 2: 50 points
Case Analysis 3: 60 points
Web Project: 20 points
Cases in on time: 60 points
Case team evaluations: 120 points
Total Possible Points: 715
A = 90% of the total points possible
B = 80% of the total points possible
C = 70% of the total points possible
D = 60% of the total points possible