Course Description
Course Title:
Understand a Business’s Strategic Options
Course Description:
This course is designed to enhance the knowledge and skills of level 5 accounting and business students in understanding a business’s strategic options. Throughout the course, students will explore various strategic options that businesses can adopt to achieve their goals and objectives. They will learn how to analyse the internal and external environment of a business to identify strategic opportunities and challenges. Additionally, students will develop the ability to evaluate different strategic options and make informed decisions based on the business’s unique circumstances. By the end of the course, students will be equipped with the necessary knowledge and skills to contribute effectively to strategic decision-making processes within an organisation.
Course Objectives:
- Understand the concept of business strategy and its importance in achieving organisational goals.
- Analyse the internal and external environment of a business to identify strategic opportunities and challenges.
- Evaluate different strategic options available to a business and their potential impact on performance.
- Apply strategic thinking and decision-making techniques to solve complex business problems.
- Communicate strategic recommendations effectively to stakeholders.