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Module Title LM Business Strategy Simulation
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 23705
Module Lead Nick Potter
Level Masters Level
Credits 10
Semester Semester 2
Pre-requisites
Co-requisites
Restrictions None
Contact Hours Lecture-0 hours
Seminar-0 hours
Tutorial-0 hours
Project supervision-0 hours
Demonstration-0 hours
Practical Classes and workshops-0 hours
Supervised time in studio/workshop-0 hours
Fieldwork-0 hours
External Visits-0 hours
Work based learning-0 hours
Guided independent study-0 hours
Placement-0 hours
Year Abroad-0 hours
Exclusions
Description

Directing a business during a period of rapid growth is intellectually challenging and is essentially a team activity, where although directors contribute individually, the board acts as one.  Every functional role must work together to create value for customers and advantage over competitors.

The aim of the module is to simulate the experience of directing and expanding a business, through research and development leading to new and improved products and the search for new markets.  The board must also improve productivity, manage human resources and take responsibility for finance and accounting issues.

Learning Outcomes

By the end of the module students will be able to:

  • demonstrate a comprehensive knowledge and understanding of the importance of a coherent board, setting objectives and formulating strategy, and the need to balance the expectations of a wide range of stakeholders;
  • identify and explain the linkages between marketing decisions and overall business strategy;
  • critically analyse the financial consequences of marketing decisions;
  • identify and critically appraise alternative methods of financing marketing investments;
  • critically appraise ways in which research and development can improve customer satisfaction;
  • critically evaluate how a motivated work force and capital expenditure can improve productivity.
Assessment 23705-01 : Group Presentation : Presentation (20%)
23705-02 : Business plan : Presentation (20%)
23705-03 : Individual essay : Coursework (60%)
Assessment Methods & Exceptions Group assessment: business plan, 2000 words (20%) and presentation (20%) Individual essay, 3,000 words (60%) Reassessment: 3,000 word essay (100%)
Other
Reading List