Course ECTS 315 · Year III · Autumn 2023-2024

Strategic Management

Elective (1 of 3) course in Economy of services, tourism and commerce, taught by Mălina Darja.

This course page is from 2023-2024 and is archived.
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Overview

Lecturer
Mălina Darja
Seminar tutor
Anca Nichita
Type of course
Elective (1 of 3)
Language of instruction
Romanian
Erasmus language
English
Domain
Business Administration
Field of study
Economy of services, tourism and commerce
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, Discussions.
Entry requirements
-

Aims

to form the managerial economic thinking by means of strategic management

to provide the minimum knowledge in the field of strategic management

to assimilate systems, methods and techniques specific to strategic management

Course contents

1. Definition and content of strategic management. Strategic management features. Strategic management and strategic competitiveness. Strategic management process. Analysis of strategic inputs. Strategic intent and strategic mission. The stakeholders of a business organization. Those responsible for the organization's strategy. Advantages and limitations of strategic management.

2. The analysis of the internal environment. Company resources. Capabilities firm. Analysis of the activities that create value for a company. Company performance skills. The influencing factors for achieving competitive advantages

3. Components of the external environment. The globalization process. The analysis of the external environment. The subjective nature of environmental analysis. External environment analysis. Analysis of the industry. Competitor analysis.

4. The origin and evolution of the concept of strategy. Strategy components. Typology of strategies

Learning outcomes

Identifying the role and importance of practicing strategic management in organizations

Defining specific concepts for the strategic management

Using patterns of strategic management

Plan, develop, implement and evaluate a company's overall strategy

Assessment

Written test examination - 70%,Verification during the semester (project) - 30%.

Recommended reading

Strategic Management for Senior Leaders. A Handbook for Implementation, Denise Lindsey Wells, e-Book
Strategic Management, Eli Jamison, ‎Joseph Simpson, ‎Pankaj Kumar, 2020, e-book
Strategic management: A Conceptual, BHANDARI, 2013, e-book