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 | STRATEGIC MANAGEMENT SIMULATION | ||
Code | ULMS774 | ||
Coordinator |
Dr D Christopoulou Strategy, IB and Entrepreneurship D.Christopoulou@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2021-22 | Level 7 FHEQ | First Semester | 10 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
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 |
4 |
12 |
8 4 |
28 | |||
Timetable (if known) |
60 mins X 1 totaling 4
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180 mins X 1 totaling 12
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120 mins X 1 totaling 8
60 mins X 1 totaling 4 |
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Private Study | 72 | ||||||
TOTAL HOURS | 100 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Group presentation. There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment. | 10 minutes | 30 | ||||
Individual assignment. There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. | -2000 words | 70 |
Aims |
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This module provides opportunities for students to consider their learning across a range of business areas and apply it in a simulated environment. It enables them to apply their learning in strategy, finance, marketing, and operations management to a simulated business environment and critically reflect on their decisions. |
Learning Outcomes |
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(LO1) Critically evaluate how the processes of strategic management assist organisations in major corporate and business decisions relating to the scope, scale and direction of an organisation’s activities. |
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(LO2) Be able to critically analyse and evaluate the steps in MNEs’ strategic decisions making process. |
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(LO3) Demonstrate awareness of how key theoretical models and the managerial accounting framework can support financial decision-making in relation to costing, budgeting, and performance evaluation. |
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(LO4) Be able demonstrate and evaluate how organisation measure the success of a strategy. |
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(LO5) Be able to reflect and evaluate their own decision making process. |
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(S1) Negotiation/ Influencing skills. |
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(S2) Decision-making skills. |
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(S3) Communication skills. |
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(S4) Personal reflection. |
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(S5) Presentation skills. |
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(S6) Group Working. |
Teaching and Learning Strategies |
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Hybrid delivery, with social distancing on campus. 2 hour online asynchronous learning per week x 4 weeks |
Syllabus |
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Critically evaluate how the processes of strategic management assist organisations in major corporate and business decisions relating to the scope, scale and direction of an organisation’s activities; Critically analyse and evaluate the steps in MNEs’ strategic decisions making process; Demonstrate and evaluate how organisation measure the success of a strategy; Reflection and assessment – students reflect on their decision-making, complexity, temporal impacts and performance. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |