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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: N5K107
No such Code for pgprog: N6K107
No such Code for pgprog: N1KY07
No such Code for pgprog: N2K507
No such Code for pgprog: N5K407
No such Code for pgprog: N1N107
No such Code for pgprog: N6K207
No such Code for pgprog: N5K507

Department: Management and Marketing

BUSI46W15: STRATEGY (TAUGHT)

Type Tied Level 4 Credits 15 Availability Not available in 2021/22
Tied to N2K307
Tied to N5K107
Tied to N6K107
Tied to N1KY07
Tied to N2K507
Tied to N5K407
Tied to N1N107
Tied to N6K207
Tied to N5K507

Prerequisites

  • None

Corequisites

  • None

Excluded Combination of Modules

  • Strategy (Online)

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.

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.

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

  • Learning outcomes will be met through a combination of taught input, groupwork, case studies and discussion, supported by guided reading and specially-written self-study material. 
  • 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
Workshops (a combination of taught input, groupwork, case studies and discussion), timetabled in blocks 24
Preparation and reading 126
Total 150

Summative Assessment

Component: Assignment Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Individual written essay 3,000 words 100% Same

Formative Assessment:

Group-based discussions and case study exercises.


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