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Durham University

Postgraduate Module Handbook 2021/2022

Archive Module Description

This page is for the academic year 2021-22. The current handbook year is 2022-23
No such Code for pgprog: N2K307
No such Code for pgprog: N1KY07
No such Code for pgprog: N6K107
No such Code for pgprog: N5K107
No such Code for pgprog: N2K507
No such Code for pgprog: N5K407
No such Code for pgprog: N1N107
No such Code for pgprog: N6K207

Department: Management and Marketing

BUSI41Q15: Strategy (ONLINE)

Type Tied Level 4 Credits 15 Availability Not available in 2021/22
Tied to N2K307
Tied to N1KY07
Tied to N6K107
Tied to N5K107
Tied to N2K507
Tied to N5K407
Tied to N1N107
Tied to N6K207

Prerequisites

  • None.

Corequisites

  • None.

Excluded Combination of Modules

  • None.

Aims

  • Strategy seeks to explain firms’ success or lack of success. Strategy is concerned with matching a firm’s resources and capabilities to the opportunities that arise in the external environment. The emphasis of the module is on two themes: 1) the interface between strategy and the external environment, and 2) the interface between strategy and the internal environment of the firm – more specifically, with the resources and capabilities of the firm.
  • Strategy seeks to explain firms’ success or lack of success. Strategy is concerned with matching a firm’s resources and capabilities to the opportunities that arise in the external environment. The emphasis of the module is on two themes: 1) the interface between strategy and the external environment, and 2) the interface between strategy and the internal environment of the firm – more specifically, with the resources and capabilities of the firm.

Content

  • Concepts of strategy.
  • Strategic purpose.
  • Environmental and industry analysis.
  • Analysing resources and capabilities.
  • Sustainable Competitive Advantage – including sources of advantage (cost and differentiation) and sustainability.
  • Corporate strategy – including vertical, horizontal and international scope, methods of development and managing synergy.
  • Corporate culture and strategy.
  • Strategic management processes.
  • Managing strategic change.

Learning Outcomes

Subject-specific Knowledge:
  • By the end of this module students should:
  • Have a critical appreciation of the contribution strategy can make to successful performance;
  • Be able to recognise the multiple roles that strategic management plays within organisations;
  • Be able to identify structural features of an industry that influence competition and profitability, but also critically analyse competition in order to identify opportunities for competitive advantage within an industry;
  • Have a critical appreciation of the role of resources and capabilities as a basis for competitive advantage;
  • Be able to distinguish and analyse the primary types of competitive advantage;
  • Be able to understand the challenges of managing complex, multi-business organisations, including the relative merits of linking businesses and the alternative approaches available to the corporate centre;
  • Have a critical appreciation of the challenge of managing strategic change.
Subject-specific Skills:
  • By the end of this module students should:
  • Be able to apply a range of relevant strategic analysis tools to assess complex business cases;
  • Be able to evaluate differing strategic options.
Key Skills:
  • Written communication;
  • planning,
  • organising and time management;
  • problem solving and analysis;
  • using initiative;
  • computer literacy
  • Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • The module is delivered via online learning across a six month period, divided up into study weeks with specially produced resources within each week. Resources vary according to the learning outcomes but normally include: video content, directed reading, reflection through activities, opportunities for self-assessment and peer-to-peer learning within a tutor-facilitated discussion board. Tutors provide feedback on formative work and facilitate discussion board communication as well as being available for individual consultation as necessary (usually by email).
  • The summative assessment of the module is designed to test the acquisition and articulation of knowledge and critical understanding, and skills of application and interpretation within the business context.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Video content, directed reading, self-assessed assignments and guidance for further reading 150 150
Total 150

Summative Assessment

Component: Written Assignment Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Individual assignment 3,000 words (max) 100% Same

Formative Assessment:

A written assignment of 1,500 words, or its multimedia equivalent, which may involve some group work


Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University