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DRPS : Course Catalogue : Business School : Business Studies

Undergraduate Course: International Strategic Management in Practice (BUST10104)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) Credits20
Home subject areaBusiness Studies Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionOn this course, you will learn how to develop strategies for firms or business units by actually doing it. In the first few weeks, some particular issues that are currently the focus of widespread concern by senior managers will be examined in some depth. Then the doing will begin, in tasks that will prepare you well for assessment centres, interviews, and future roles in management as well as for your dissertation. This first involves you presenting a seminar on a topic of particular strategic interest. Then, in a role-play, you will act as a consultant and present strategic recommendations to a case firm, which will develop skills that you will use again in the exam, where you will be asked to advise a CEO as to what he/she should do. The presentations are observed by a leading management consultancy firm who will give practical feedback as to the content and presentation style of your work.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements Business Studies Honours entry.
Additional Costs None
Information for Visiting Students
Pre-requisitesVisiting students should have at least 3 Business Studies/Management courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses.
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Delivery period: 2011/12 Semester 2, Available to all students (SV1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLecture1-5; 8-12 11:10 - 13:00
First Class Week 1, Monday, 11:10 - 13:00, Zone: Central. Room 2.14, Appleton Tower
Exam Information
Exam Diet Paper Name Hours:Minutes
Main Exam Diet S2 (April/May)2:00
Summary of Intended Learning Outcomes
On completion of the course participants should understand:
& How senior management needs to bear different organizational stakeholders and their wants in their strategy formation, the differences between shareholder value and stakeholder approaches, and related corporate governance issues.
& The underlying resource base of organizations, and how these influence both strategy
and the way that it is developed, especially when working across borders.
& The perennial challenge of designing organizational structure, especially difficult when operations are separated by geography, language, culture and time.
& The contexts and options in strategy formation which can fundamentally change what firms do and how they do it; whether or not they are themselves international, and how firms can enter new markets.

On completion of the course you will be able to:
& Digest, interpret and summarise some of the latest and possibly complex ideas of strategic management, and present them coherently, intelligibly and effectively to enable understanding by others, and management action.
& Work within teams to prepare a sophisticated presentation, integrating ideas learned by different members of the team.
& Give an advanced level presentation and be able to defend ideas and views confidently and effectively in front of others.
& Persuade colleagues and actual business managers of the value of your ideas, integrating conceptual ideas with practical problems, and defending them to questioning.
& Present and argue coherent recommendations in response to two evident strategic problems faced by the CEO of a case firm.
Assessment Information
Course Assignments 40% of the total marks (group work seminar presentation 20%; group work case presentation 20%) and final degree open book (case study) examination 60%.
Special Arrangements
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
Course organiserProf Volker Mahnke
Tel: (0131 6)51 5315
Course secretaryMr Paul Kydd
Tel: (0131 6)50 3824
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