ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title BUSINESS STRATEGY
Code ACFI312
Coordinator Mr MJ Swift
Finance and Accounting
Mark.Swift@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 6 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

ACFI203 MANAGEMENT ACCOUNTING; ACFI201 FINANCIAL REPORTING 1 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours     12

    24

12

48
Timetable (if known)     60 mins X 1 totaling 12
 
    120 mins X 1 totaling 24
60 mins X 1 totaling 12
 
 
Private Study 102
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Assessment 1: Written Unseen Examination Assessment Type: Written Exam Duration: 3 Hours Weighting: 100% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty app  3 hours    100       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             

Aims

The module aims to provide students with an understanding of how businesses develop and implement strategy.


Learning Outcomes

(LO1) Identify and analyse the consequences of a business’s current objectives, market position and direction.

(LO2) Evaluate the likely consequences of strategic choices and recommend strategies to meet the objectives of a business

(LO3) Recommend appropriate methods of implementing and monitoring strategies

(S1) Commercial awareness

(S2) Communication skills

(S3) International awareness


Teaching and Learning Strategies

Teaching Delivery: Fully online delivery and assessment

Teaching Method: Online Asynchronous Learning Materials
Unscheduled Directed Student Hours: 24
Attendance Recorded: No

Teaching Method: Tutorial
Scheduled Directed Student Hours: 12
Attendance Recorded: Yes

Teaching Method: Group Study
Description: Weekly 1 hour session to foster student community and engagement by working with others on their ‘active learning’ activities
Scheduled Student Hours: 12
Attendance Recorded: No

Self-Directed Learning Hours: 102

There are the following non-modular requirements:
ACFI201 and ACFI203

Skills/Other Attributes Mapping

Skills / attributes: International awareness
How this is developed: Lectures and assessment
Mode of assessment (if applicable): Examination

Skills / attributes: Communication skills
How this is developed: Lectures and assessment
Mode of assessment ( if applicable): Examination

Skills / attributes: Commercial awareness
How this is developed: Lectures and assessment
Mode of assessment (if applicable)


Syllabus

 

STRATEGIC POSITION:

Introducing strategy;
The environment;
Strategic capabilities;
Strategic purpose.

STRATEGIC CHOICE:

Business level strategy;
Corporate strategy and diversification;
Mergers, acquisitions and alliances;
Managing risk.

STRATEGIC ACTION:

Evaluating strategies;
Leadership and changes.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.