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Business Strategy (NRMT90019)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
February
Overview
Availability | February |
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Fees | Look up fees |
Students will be exposed to the theory and practice of strategy and will examine the environment within which senior management execute strategic decisions. The subject explores strategy as a mechanism for identifying and realising opportunities for growth. It emphasises the need to bring about the best fit between the firm’s internal capabilities and the business environment in which it operates.
Intended learning outcomes
On successful completion of this subject, students will able to:
- Describe market and non-market business strategy
- Use alternative disciplinary approaches (economics, marketing, ethics) to analyze strategic issues
- Explain how strategy becomes operational in strategic and operational plans
- Identify sources of sustained competitive advantage for a firm
- Conduct an internal and external situation analysis for an agribusiness firm or organisation
- Understand the differences between business and corporate level strategy
- Identify broad strategies for the firm in its relationships with customers, suppliers and competitors
- Show how technology management and research and development can be integrated into strategy
- Explain the similarities and differences in strategy development and implementation domestically and internationally
- Show how governance structures, culture, leadership and incentives impact on strategy implementation
Generic skills
It is expected students will develop:
- Awareness of, and ability to utilise appropriate communication technology and methods for the storage, management and analysis of data
- Capacity for creativity and innovation, through the application of skills and knowledge
- Ability to integrate information across related management disciplines to solve problems in applied situation
- Highly developed written communication skills to allow informed dialogue with individuals and groups from industry, government and the community
- Highly developed oral communication skills to allow informed dialogue and liaison with individuals and groups from industy, government and the community
- Ability to participate effectively as a member of a team in a face-to-face learning environment
- Ability to collaborate, exchange ideas and debate across on-line learning platforms
- Ability to plan work, use time effectively and manage small projects
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
AGRI90014 | Managing Markets |
Semester 2 (Online)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
To maximize rewards from undertaking the subject, students should have two to five year's experience in a working environment.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Group Case Presentations (normally a group of 4 with a total presentation time of 20 minutes) due during the residential week (25%)
- Individual Business Strategy Presentation (10-15 minutes) due towards end of residential week (25%)
- Major Assignment (3500 words) due end of March (50%)
Last updated: 3 November 2022
Dates & times
- February
Coordinator Ros Gall Mode of delivery On Campus (Parkville) Contact hours Total time commitment 144 hours Pre teaching start date 29 January 2018 Pre teaching requirements Students will be required to undertake some reading material and do some preparation for a class presentation. Teaching period 12 February 2018 to 16 February 2018 Last self-enrol date 31 January 2018 Census date 12 February 2018 Last date to withdraw without fail 16 March 2018 Assessment period ends 7 April 2018 February contact information
Time commitment details
144 Hours. Students will be required to commence reading and preparation for the residential week well in advance. After the one-week residential students will also need to commit extra time for the follow-up assignment work.
Additional delivery details
- This subject has a pre-teaching period commencing on the 29th January. Students will be required to undertake some reading material and do some preparation for a class presentation.
- The 2017 Intensive dates for this subject are: 12th - 16th February. Follow up assignment work will be required after the intensive dates.
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Hanson, D, Dowling, PJ, Hitt, MA, Ireland, RD & Hoskisson, RE 2013, Strategic management: competitiveness and globalisation, Pacific Rim 5th edn, Thomson Learning, Melbourne. ISBN 9780170227643.
Recommended texts and other resources
Further readings will be available on the LMS.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Agribusiness Course Master of Forest Ecosystem Science Course Graduate Diploma in Agribusiness for Veterinarians Course Master of Agricultural Science Course Master of Urban Horticulture Informal specialisation Master of Agricultural Sciences - Elective Subjects Specialisation (formal) Agribusiness Major Agribusiness Specialisation - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022