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 STRATEGY IN BUSINESS
Code ACUL606
Coordinator

 
Year CATS Level Semester CATS Value
Session 2021-22 Level 6 FHEQ Second 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 56

         2.5

 58.5
Timetable (if known)              
Private Study 41.5
TOTAL HOURS 100

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Written assessment There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :Semester two  2.5 hours    100       
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             

Aims

To provide candidates with an understanding of how businesses develop and implement strategy.

Learning Outcomes

(LO1) Students will be able to identify and analyse the consequences of a business's current objectives, market position and direction.

(LO2) Students will be able to evaluate the likely consequences of strategic choices and recommend strategies to meet the objectives of the business.

(LO3) Students will be able to recommend appropriate methods of implementing strategies and demonstrate how management information can be used to measure and monitor strategic performance.

(LO4) Students will be able to use professional judgement to apply appropriate models and analyse financial and non-financial data, in order to analyse performance and the strategic situations and determine appropriate choices.

(LO5) Students will be able to evaluate the ethical implications of strategic choices at both the organisation level and for individuals, with particular reference to the accountant in business.

(S1) Adaptability

(S2) Problem solving skills

(S3) Numeracy

(S4) Commercial awareness

(S5) Organisational skills

(S6) Communication skills

(S7) International awareness

(S8) Lifelong learning skills

(S9) Ethical awareness

Teaching and Learning Strategies

Teaching Method 1 - Interactive lectures
Description: Full day lectures
Attendance Recorded: Yes
Notes: Modules have been timetabled in such a manner as to provide intensive periods of teaching alternated with periods for self-study and reflection. The direct student contact hours are substantial across the modules in order to ensure sufficient material coverage to secure planned professional body exam exemptions.

Teaching Method 2 - Formative Feedback (e.g. peer, revision sessions)
Description: Formative progress test
Attendance Recorded: Yes

Self-Directed Learning Description: Follow-up suggested work and wider reading

Syllabus
 

A) Strategic analysis B) Strategic choice C) Implementation and monitoring of strategy D) Ethics Library resources will be accessible through 'Reading Lists @ Liverpool' Vital will be used to support the course. Practice questions and solutions will be provided.

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