Advanced Management (9537.1)

This unit is the capstone of the Bachelor of Business Studies because it incorporates elements from all of the core units it should be the last unit attempted. This unit begins with an introduction to strategic management and the definition of some important terms and concepts. The unit then moves on to the identification of goals and the formulation of strategies before addressing implementation topics.

Learning outcomes

On successful completion of this unit, students will be able to:
1. Define strategy, discuss the participants in the strategic management process, and analyse various types of industry structures;

2. Select and apply appropriate strategic management tools to diagnose internal and external factors facing organisations;
3. Define and classify types of competitive advantage and explain associated best practices for creating and maintaining advantages;
4. Explain the most commonly used corporate strategies and analyse alternatives for creating long term value;
5. Apply modern strategic management techniques and choose the best alternatives in the face of rapidly changing technology; and
6. Synthesize strategic management theory and concepts to explain competitive advantage in the era of globalisation.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - be self-aware
3. UC graduates are lifelong learners - evaluate and adopt new technology
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development

Skills development

As this is the capstone unit for this degree all Graduate Attributes will be applied. 

Prerequisites

60cp

Corequisites

None.

Incompatible units

7371 Strategic Management

Equivalent units

NO.

Assumed knowledge

None