Pace-mgt487-Summer 2019doc.doc - MGT 487 STRATEGIC MANAGEMENT POLICIES COURSE POLICY STATEMENT SUMMER 2019 Instructor Glenn Pace Office Glass 404 E-mail

Pace-mgt487-Summer 2019doc.doc - MGT 487 STRATEGIC...

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MGT 487 STRATEGIC MANAGEMENT & POLICIES COURSE POLICY STATEMENT SUMMER, 2019 Instructor: Glenn Pace Phone: 836-4245 or 844-9887 Office: Glass 404 Office Hours: MW 10:00 a.m. – 12:00 E-mail: [email protected] TEXT Coulter, Mary K., Strategic Management in Action , 6 th Edition (2013). COURSE DESCRIPTION Prerequisite: 102 credit hours, including FGB 380, MGT 364, and MKT 350. Integration of specialized areas of business administration; coordination of various business functions from the standpoint of the formulation, implementation, and control of business objectives, strategies and policies. PURPOSE OF COURSE MGT 487 is the capstone, integrative course for the undergraduate business school curriculum. The course requires you to think about how an organization functions from the top management, macro perspective faced with the challenge of integrating and coordinating the functional areas of a business (accounting, finance, information systems, marketing, operations, research & development) in order to formulate and implement a sustained domestic/global competitive advantage. This is achieved by the strategic management process. You have been exposed to all the functional areas of business through the business core requirements which included courses in accounting, computers, law, quantitative, management, marketing, operations and finance. In addition, you have taken courses in economics, psychology, communications et al. The focus now is trying to understand how the different functional areas must be integrated via the strategic management process in order for an organization to successfully gain competitive advantage and achieve its mission and objectives. This course will develop and sharpen your analytical skills by learning and applying the strategic management process to all types of organizations in different types of environments. Emphasis will be placed on learning how to assess an organization's current competitive position and how to deal with internal and external environmental complexities and constraints. This is accomplished by the formulation, implementation, and control of an organization's mission, objectives, goals, strategies, and policies.
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