MGF3684 Business strategy
Faculty of Business and Economics
MGF3684 Business strategy is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 and Semester 2 at Caulfield. It needs MGW1010, MGX1010, MGB1010, MGC1010 or MGF1010.
- Credit points
- 6
- Offered in 2022
- Semester 1, Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for MGF3684. This is its 2022 entry, the latest one.
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Requisites
Before MGF3684
Prohibitions
You can't enrol if you have passed any of these.
After MGF3684
No unit lists MGF3684 as a prerequisite in the 2022 handbook.
Enrolment rules
You must have completed 96 credit points of study, including the prerequisite, to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
Business strategy is typically formulated by senior management and is a pivotal, inherently social, component of managing, shrouded in ambiguity. Implementing strategy throughout an organisation is complex, requiring creativity and insight to navigate cross-functional boundaries in order to build synergies. This unit draws from a range of management disciplines and considers conventional and contemporary approaches to business strategy, such as pursuit of shareholder value and value to society and the environment. You will develop skills for collaborating by exploring the politics of decision making for self and others.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand business strategy creation and implementation as an ambiguous process
- 2
create an organisation and group member analysis based on conventional business strategy concepts
- 3
evaluate the influence of contemporary issues and critical perspectives on business strategy
- 4
analyse and apply the critical diversity framework to the micro-foundations of strategy implementation.
Workload and teaching
- Lectures12 hours
- Tutorials24 hours
- Teaching approachCase-based teaching
- Teaching approachSimulation or virtual practice
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
Where it fits
MGF3684 is part of 2 areas of study in the 2022 handbook.
Contacts
- Chief Examiners
- Professor Dean Xu
- Dr Chan Cheah
Common questions
What are the prerequisites for MGF3684?
You need MGW1010, MGX1010, MGB1010, MGC1010 or MGF1010 before you enrol. Enrolment rules also apply.
When is MGF3684 offered?
In 2022, MGF3684 runs in Semester 1 and Semester 2 at Caulfield.
How much work is MGF3684?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does MGF3684 have an exam?
No. MGF3684 has 1 assessment task and no exam.
Which majors and minors include MGF3684?
MGF3684 is part of Business management.