Responsible Business Management (5 cr)
Code: TT00BM99-3005
General information
- Enrollment
-
21.11.2022 - 03.03.2023
Registration for the implementation has ended.
- Timing
-
06.03.2023 - 26.04.2023
Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 0 cr
- Virtual portion
- 5 cr
- Mode of delivery
- Distance learning
- Campus
- Location-independent
- Teaching languages
- English
- Teachers
- Otieno Mbare
- Course
- TT00BM99
Evaluation scale
H-5
Content scheduling
- The nature of strategic management – using the strategic management model
- The importance of vision and mission statement for a business organization
- Why internal and external audits are important to a business firm
- Different strategies firms apply in the face of competition
- Business ethics in business
Objective
After studying this course the student will be capable of performing the following:
• Apply various tools and instruments such as SWOT and PESTE analysis to make strategic decisions in an organization and thus, determine when a particular strategy is most appropriate to use
• Apply the knowledge gained in the course to formulate corporate strategy, implement and evaluate the entire strategic management cycle
• Determine when good ethics is good business in strategic management and apply this moral thinking in decision making.
Content
• The nature of strategic management – using the strategic management model
• The importance of vision and mission statement for a business organization
• Why internal and external audits are important to a business firm
• Different strategies firms apply in the face of competition
• Business ethics in business
Materials
David, F. Strategic Management: concepts and cases, @2011
Ebert & Griffin. Business Essential, Fourth Edition
Teaching methods
This is a highly interactive course between the class and the lecturer. Students will learn through interesting case studies, challenge-based-learning, and specific company activities. The students will have the opportunity to use the concepts, ideas, and other strategies in class. Problem-solving sessions occur in both individual (primarily) and team (occasionally) settings
Exam schedules
To be announced in class
International connections
Based on Lectures, Teamwork, literature review, and Presentations using the following learning approaches:
Constructivism,
reflective,
Challenge-based-learning,
nquiry-based, and
experiential learning
Student workload
133 hrs
• Individual assignments (28h)
• Group assignments (30)
• Studying the recommended literatures (42h)
• Final group project work (33h)
Further information
Seats for Turku UAS: 20
Seats for other UASs: 25