units

MGW3401

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Management
OfferedSunway First semester 2013 (Day)
Peninsula First semester 2013 (Day)
South Africa First semester 2013 (Day)
Berwick Second semester 2013 (Day)
Coordinator(s)Mr Chee Khye Luen (Sunway); Ms Suzaan Hughes (South Africa); Mr Gordon Thomson (Berwick & Peninsula)

Synopsis

Business environments including markets, critical success factors, and strategies employed to gain a competitive advantage; the nature of strategic management; the analysis and interpretation of business environments; the nature of competition, relative position of firms, individual strategies and their relationship to critical success factors; strengths and weaknesses related to production, finance, research and development, marketing, administration; the role of structure, controls, rewards, culture and leadership in implementation.

Outcomes

The learning goals associated with this unit are to:

  1. identify factors that help companies to survive and prosper
  2. compare various business models and the actual processes of managing strategies
  3. evaluate various techniques of analysing situations that require a strategic response
  4. debate the factors that lead to strategy success and failure
  5. apply strategic management concepts in particular cases.

Assessment

Within semester assessment: 60%
Examination: 40%

Chief examiner(s)

Contact hours

3 hours per week

Prerequisites

Students must have passed MGG1010 or MGW1010 before undertaking this unit.

Prohibitions