Management Strategy and Decision Making
UndergraduateGRF-IBA3122021
Course information for 2021 intake
Observe the frameworks that business professionals use to scaffold their strategic managerial decision-making processes.
Learn to analyse business environments and resources. Dig into management theories. Work with your peers to deliver a presentation.
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Prior study needed
- Duration
- 13 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Management Strategy and Decision Making
About this subject
At the completion of this subject students will be able to:
- demonstrate an integration of knowledge and practice from foundational business subjects undertaken in the degree by effectively crafting a business strategy, reasoning carefully about strategic options, and use what-if analysis to evaluate action alternatives
- demonstrate competence in the team decision processes involved in effectively solving managerial problems
- analyse an organisation's internal and external environments within a competitive global environment, and recommend appropriate and ethical corporate strategic options and implementation strategies aimed to improve overall business performance and to provide the company with a sustainable competitive advantage
- demonstrate a working knowledge of the current theories, common tools and best practice applications of strategic management.
- The concept of strategy
- Goals, values and performance
- Analysing the environment
- Analysing resources and capabilities
- Strategy implementation and generic strategies
- Cost and differentiation strategies
- Strategic applications I
- Strategic applications II
- Strategic applications III
This subject aims to provide the necessary framework for future professionals to successfully make and support strategic managerial decisions. Developed from decision-making and strategic management perspective, the subject concentrates on issues that emphasise practical managerial applications within organisations.
This subject contains group work and an oral presentation. Students will be required to work in small groups to complete one of the assessment tasks aligned with a case study and provide an oral presentation as part of another assessment task aligned with a report.
- Online Quiz (20%)
- Group Report and Oral Presentation (50%)
- Case Analysis (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
With a network of campuses spanning three cities in South East Queensland, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from over one hundred countries, Griffith's dedication to academic excellence is available across Australia through OUA.
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- 18
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- 20
Entry requirements
Others
Note: Level 3 subjects normally assume a moderate level of prior knowledge in this area, eg from studying related Level 1 and 2 subjects or other relevant experience.
Additional requirements
- Equipment requirements - Audio/Visual equipment
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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