Course Description
Strategic Management is a course, which assumes a broad view of the business eco system, which covers all stakeholders and influencing factors like buyers, suppliers, competitors, technology, the economy, capital markets, government, and global forces and views the external environment as dynamic and characterized by risk. The course takes a general management perspective, viewing the firm holistically and examining how policies in each functional area are integrated into an overall competitive strategy. Decision Making tools for developing competitive strategies, creating and defending competitive advantages, defining firm boundaries and allocating critical resources over long periods are discussed. Given a “flat world” it is imperative that decisions from a global perspective and multi sided markets are exposed to the students
Course Outcomes & Learning Levels
Students of the course will be able to:
- Critically assess the external environment and the internal organizations of firms by using tools like SWOT, Porter’s five forces model and the resource based (Analyze).
- Evaluate organizational decision-making with respect to different business level and corporate level strategies. (Create).
- Apply corporate governance concepts to understand ethical and socially responsible managerial (Create).
- Identify the dimensions of international business environment and examine choice of various entry modes followed by businesses. (Create).
Evaluation Pattern
# |
Assessment Component |
Percentage of Marks |
1 |
Continuous Assessment * |
40 |
2 |
Mid –Term Examination |
20 |
3 |
End –Term Examination |
40 |
*Based on assignments / Tests / Quizzes / Case Studies / Project / Term paper / Field visit report.