MGMT 402 Business Strategy in the Local and Global ContextMEF UniversityDegree Programs Business AdministrationGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Business Administration
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

ECTS Course Information Package

School/Faculty/Institute Faculty of Economics, Administrative and Social Sciences
Course Code MGMT 402
Course Title in English Business Strategy in the Local and Global Context
Course Title in Turkish Yerel ve Küresel Bağlamda İş Stratejisi
Language of Instruction EN
Type of Course Flipped Classroom
Level of Course Advanced
Semester Fall
Contact Hours per Week
Lecture: 3 Recitation: Lab: Other:
Estimated Student Workload 130 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites MGMT 302 - International Business
Co-requisites None
Expected Prior Knowledge Basic concepts of management and international business.
Registration Restrictions Only Undergraduate Students
Overall Educational Objective To learn to understand the strategic decision-making processes of the firm, what those decisions are, why managers make them, and the consequences of each decision.
Course Description Administrative process under conditions of uncertainty. Emphasis in integrating knowledge acquired in the functional areas of business administration in formulating administrative strategies and policies.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) comprehend a general manager's view of the firm using a holistic and integrated approach to managing an organization
2) identify business issues by using a strategic framework
3) describe how functional areas interact to influence firm performance and to make decisions that create better integration between functional areas so as to improve organizational performance
4) work effectively with peers to develop and recommend specific, strategic solutions to organizational problems.
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability
5) Demonstrates individual and professional ethical behavior and social responsibility
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting
9) Displays computer proficiency to support problem solving and decision-making
10) Demonstrates teamwork, leadership, and entrepreneurial skills
11) Displays learning skills necessary for further study with a high degree of autonomy

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences S Participation
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors S Participation
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects S Participation
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability H Project
5) Demonstrates individual and professional ethical behavior and social responsibility S Participation
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues S Participation
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions H Project
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting N
9) Displays computer proficiency to support problem solving and decision-making N
10) Demonstrates teamwork, leadership, and entrepreneurial skills H Project
11) Displays learning skills necessary for further study with a high degree of autonomy S Participation
Prepared by and Date HANDE KARADAĞ , September 2018
Course Coordinator CEYHAN MUTLU
Semester Fall
Name of Instructor Assoc. Prof. Dr. HANDE KARADAĞ

Course Contents

Week Subject
1) Strategic Management: Creating Competitive Advantages
2) Analyzing the External Environment of the Firm: Creating Competitive Advantages
3) Assessing the Internal Environment of the Firm
4) Recognizing a Firm’s Intellectual Assets: Moving beyond a Firm’s Tangible Resources
5) Business-Level Strategy: Creating and Sustaining Competitive Advantages
6) Corporate-Level Strategy: Creating Value through Diversification
7) Mid-term 1
8) International Strategy: Creating Value in Global Markets
9) Entrepreneurial Strategy and Competitive Dynamics
10) Strategic Control and Corporate Governance
11) Creating Effective Organizational Designs
12) Strategic Leadership: Creating a Learning Organization and an Ethical Organization
13) Managing Innovation and Fostering Corporate Entrepreneurship
14) Project Presentations
15) Final Examination Period
16) Final Examination Period
Required/Recommended ReadingsStrategic Management: Text And Cases 9TH EDITION, by Gregory G Dess, Gerry McNamara, Alan Eisner and Seung-Hyun Lee Mc Graw Hill Publications
Teaching MethodsVideos, powerpoint presentations for each session, cases and group projects. The students are expected to come each session having read and watched the course material. The course involves cases and projects, students are expected to engage in the class discussion and apply the knowledge acquired in a team setting.
Homework and ProjectsThe students will be making one presentation as a group at the end of the course. The groups will be formed and the details of the projects will be announced later by the instructor. Each group will have maximum 5 members and each team member will present their part individually. Before the presentations, the group projects have to be submitted as a PPT file within a deadline provided by the instructor. Late assignments will not get full points.
Laboratory WorkNone
Computer UseEach session requires use of Blackboard; therefore, use of computer is a must.
Other ActivitiesGuest speakers will be invited for giving practical aspects of related theoretical concepts.
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 20
Project 1 % 50
Midterm(s) 2 % 30
TOTAL % 100
Course Administration karadagh@mef.edu.tr

In this course, active participation is key to learning and applying. Thus the grading of the class participation will be done based on the quality of active student participation and contribution to in-class activities. Students are expected to attend all sessions and be in class on time. When they can not attend due to a sickness (which should require a report from a full facility hospital) or an excuse accepted my MEF regulations, they should inform the instructors by mail. As the feedback and questions are very valuable for making the course a distinctive learning experience, students may visit the instructors during office hours or send e mails, for any course related issues. Academic dishonesty and plagiarism will be subject to the YÖK disciplinary regulation.

ECTS Student Workload Estimation

Activity No/Weeks Hours Calculation
No/Weeks per Semester Preparing for the Activity Spent in the Activity Itself Completing the Activity Requirements
Course Hours 14 2 2 2 84
Presentations / Seminar 1 14 4 18
Midterm(s) 2 10 4 28
Total Workload 130
Total Workload/25 5.2
ECTS 5