AMBO UNIVERSITY
COLLEGE OF BUSINESS AND ECONOMICS
DEPARTMENT OF MANAGEMENT
Master’s Program MBA in Management
Course Title Business Policy and Strategy
Course code MGMT 7051
Module name and number Project and Strategic Management/05
ECTS 6
Credits 3
Target group MBA management
Year/Semester II/I
Prerequisite -
Instructor Tadesse Kenea Amentae (Ph.D.)
Course Description
The course business policy and strategy has been preceded by, and is to be given
simultaneously with, courses taken and being offered in the various tool, functional and
operational areas of the business and performing finance function. It is the objective of this
course to develop concepts and a framework for understanding, analyzing, and describing the
organizations total situation – opportunities and problems/challenges for appraising past
performance and present conditions, and for guiding Future action. In other words, the basic
mission of the policy and strategy course is to provide students with the opportunity to
sharpen and develop a generalist point of view.
Course objectives
After completing this course, the students will be able to:
Understand the development of Cotemporary Management Theory and Practice
Know and analysis Strategic Analysis methods
Know Strategic Choice
Identify and apply Strategic Implementation methods
Develop Monitoring and Evaluation strategy
1
Course content
CHAPTER 1: Introduction to Strategic Management and Business Policy
Basic Concepts of Strategic Management
Corporate Governance
Social Responsibility and Ethics in Strategic Management
CHAPTER 2: Scanning the Environment
Environmental Scanning and Industry Analysis
Internal Scanning: Organizational Analysis
CHAPTER 3: Strategy Formulation
Strategy Formulation: Situation Analysis and Business Strategy
Strategy Formulation: Corporate Strategy
Strategy Formulation: Functional Strategy and Strategic Choice
CHAPTER 4: Strategy Implementation
Strategy Implementation: Organizing for Action
Strategy Implementation: Staffing and Directing
CHAPTER 5: Strategy Review, Evaluation, and Control
Evaluation and Control in Strategic Management
Measuring Performances
Strategic Information System
Proper Control
Strategic Incentive Management
Teaching & Learning Methods/strategy:
The teaching and learning methodology include lecturing, discussions, problem solving, and
analysis. Take-home assignment will be given at the end of each chapter for submission
within a week. Solution to the assignments will be given once assignments are collected.
Cases with local relevance will also be given for each chapter for group of students to present
in a class room. The full and active participation of students is highly encouraged.
2
ASSESSMENT MECHANISMS:
Case analysis
Article Review
Term papers
Presentations and discussions in class
Final Examination-------------------------------------40%
Mode of Delivery: The following mode of delivery will be applied:
Lecture
Group Discussion
Individual and group assignments
Presentation of assignments
REFERENCES
Thomas, L. W., & Hunger, J. D. (2012). Strategic management and business policy:
toward global sustainability. Columbus, Boston (Serves as Text book)
Charles W. L. Hill, Strategic Management Theory, 9th Ed.
Smith, et al, Business Strategy and Policy
Leontiades, Management Policy, Strategy and Plans
Tate and Taylor, Business Policy
Bower, et al, Business Policy: Text and Cases
Byars, Concept of Strategic Management
David, Strategic Management, 4th ed.
Johnson and Scholars, Exploring Corporate Strategy - Text and cases
Newman, et al, Strategy, Policy and Central Management
Mintzberg, et al, The Strategy Process