B5001 - Course Outline - Fall-2023 - Inclass
B5001 - Course Outline - Fall-2023 - Inclass
B5001 - Course Outline - Fall-2023 - Inclass
Business 5001
Strategic Management II
Course Information and Schedule for Fall 2023
CONTACT INFORMATION
Instructor: Dr. Mary Furey, Associate Professor
Office: B2037
Office hours: Tuesday 9:15-10:15 a.m. or you may email to book an appointment
Telephone: 709-727-4595 (c)
E-mail: Brightspace (preferred choice)
mfurey@mun.ca
Note: All email correspondence with current students must be through
a MUN email account
PREREQUISITES
PR: BUSI 4000, BUSI 4050, BUSI 4320, BUSI 4330, and BUSI 4500
The course will be conducted based primarily on case studies, but you are expected to
become familiar with the key concepts and theoretical tools in the textbook. The theories are
powerful tools guiding our case analyses, which, in return, will greatly enhance our
understanding of the theories (especially, their underlying assumptions, strengths, and
limitations). By moving back and forth between theories and practice, you are expected to
develop solid skills for strategic analysis.
Different from many other courses this course deals with a more uncertain, ambiguous,
complex world. The challenge is more about asking the right questions than knowing the right
answers. We may reach consensus on some issues, but at times we may have, and insist on,
different interpretations. This is the nature of strategic issues. If you have become accustomed
to reaching a right answer, you might sometimes feel frustrated with such uncertainty and
ambiguity. But, welcome to the real world we hope you enjoy its uniqueness!
Our guiding framework for the course is the Diamond-E framework in our textbook. This
framework illustrates that strategic choices represent a tension between what the organization
needs to do given its external environment, what it wants to do given the values and
preferences of key stakeholders, and what it can do given its resources and organizational
capabilities. Strategy formulation and implementation involve regularly examining the linkages
in this framework and adapting its elements when misaligned. The flow of the course is
sequenced around this framework, as illustrated in the last section of this course outline.
COURSE OBJECTIVES
Learning objectives
By the end of this course, you will be able to:
Strategy
Global Perspectives
1 - Economic aspects of the global business environment.
2 - Cultural aspects of the global business environment.
3 - Regulatory aspects of the global business environment.
COURSE MATERIALS
The lectures, displays, and all material delivered or provided in Business 7000 by
Dr. Mary Furey, including any visual or audio recording thereof, are subject to
copyright owned by Dr. Mary Furey unless otherwise noted. It is prohibited to
record or copy by any means, in any format, openly or surreptitiously, in whole or
in part, in the absence of express written permission from Dr. Mary Furey any of
the lectures or materials provided or published in any form during or from the
course. Students must not publish, send, post on an internet site, sell, rent, or
otherwise distribute this content without the instructor's express permission.
Textbook
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COURSE CASE PACKAGE
IMPORTANT: Access to downloadable files will expire on the course end date, so be
sure to save a copy on your computer. The downloadable file is a PDF document that can
be opened using Adobe Reader. This material is for your personal use only and is not to
be shared, reproduced, or distributed in any form.
NEED HELP ? Contact your professor directly or email Ivey Publishing's Customer
Support Team via a Service Ticket
ADDITIONAL READINGS
Readings are listed in the last section of this outline and other readings may be
assigned over the semester.
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COURSE FORMAT
It is important that you keep up with your readings for the course and follow the weekly
schedule.
EVALUATION
The ability to meet deadlines is critical in the business world. All assignments must be
submitted at or before the times indicated in the course schedule. Late papers will receive
a reduced grade:
20% reduction if submitted within 24 hours of the deadline;
an additional 2% reduction for each additional calendar day thereafter.
These penalties may be waived or reduced in the case of exceptional circumstances,
properly documented.
Peer evaluations will be used to establish the contribution of individual team members
to the team project. Students receiving low or high peer evaluations will have their final
grade adjusted.
You will be assigned into teams of four to six members. Working on a team project can
be exciting and fruitful, as well as frustrating. You are expected to learn to work
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effectively in teams, especially with members from different backgrounds. Your grade on
this project will be based on your team’s overall performance as well as your contribution
to the project as evaluated by your team members. I will give you detailed feedback on
this project which should help you prepare for the final group project. Working diligently
on your weekly questions will provide you a solid foundation for working on the projects.
This project gives you the opportunity to further reflect on what you have learned and to
demonstrate your skills in the strategic analysis of an organization.
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For bereavement or other acceptable cause, official documents or letters
that support the reason for the request (e.g. death certificate, letter from
employer, etc.) are required.
2. The alternate evaluation may consist of the deferral of in-class work, the
extension of the deadline for take-home work, an alternative allocation of marks,
or another appropriate accommodation as determined by the course instructor. A
student who is dissatisfied with the accommodation offered by the instructor may
consult with the head of the appropriate academic unit.
In addition to our face-to-face interactions, the course will use Brightspace, a Learning
Management System, to help facilitate communication and some administrative aspects
of the course, such as viewing grades. The site is available at: http://online.mun.ca
You can login using your standard MUN login id and password that you use to access
other web services. If you encounter technical issues using or accessing the system, help
is available at http://www.citl.mun.ca or by calling 864-8700.
LAND ACKNOWLEDGEMENT
The island of Newfoundland is the ancestral homeland of the Mi’kmaq and Beothuk. The
Inuit of Nunatsiavut and NunatuKavut and the Innu of Nitassinan, and their ancestors, are
the original inhabitants of Labrador. This land acknowledgement is made as a call to
action for greater reciprocity with First Nations, Inuit, and Métis, and to recognize that
Memorial University is founded on—and continues to benefit from—land taken from
Indigenous Peoples. Through this course and within the classroom we strive to create and
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uphold respectful relationships with all communities— Indigenous, immigrant, refugee,
visitor, and settler—as we work towards a more just future.
EXPECTATIONS
Professionalism
Professionalism is essential to success in business. A professional businessperson is
competent, knowledgeable, prepared, courteous, and respectful to both peers and
customers. A professional atmosphere in the classroom promotes a positive learning
environment. Please:
Prepare properly for all classes
Employ basic courtesy at all times and to all class members:
Honor work commitments you make to members of your group.
Avoiding Plagiarism
Some assignments may require you to use information from another source. Such
information may take the form of quotations, summaries, paraphrases, or facts or ideas
that are not common knowledge. Whatever its form, the source of the information must
be clearly documented by in-text citations referring to a list of references at the end of the
paper. Omitting such documentation is plagiarism. Plagiarism is a very serious
academic offense that may result in a range of penalties up to and including expulsion
from the University.
Documenting Sources
For detailed information on how to document sources properly, students are referred to:
Finnbogason, J., and Valleau, A., A Canadian Writer’s Pocket Guide (Second Edition),
Scarborough, ON: Nelson, (a division of Thompson Canada Limited), 2002. The
preferred format for documentation in the Faculty of Business Administration is the APA
style.
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If your course includes a group assignment, you should include the Faculty of Business
Administration Guidelines on Consultation and Group Work:
General Remarks
These guidelines are intended to help students in the preparation of written work to be
handed in—case analyses, assignments, essays, computer programs, etc. In the Faculty
of Business Administration, written work is done: (1) individually; or (2) individually,
but with consultation among students permitted or encouraged; or (3) in groups of two or
more. The instructor will specify the category into which written work in the course
falls. The instructor may do this orally or in writing. If a student is unsure what is
permitted, it is the student’s responsibility to ask the instructor whether and to what
degree consultation is allowed.
Individual Work
In the case of work to be completed individually, consultation with others is not
permitted. Identical or nearly identical work may be regarded as plagiarism.
Group Work
Group work requires collaboration among and contributions from all group members. A
single paper, representing the work of the group as a whole, is to be submitted. While it
is not necessary that all group members contribute equally to the work, it is necessary that
all members contribute. A student who knowingly allows his or her name to be included
on the list of contributors but who did not contribute to the work is committing an
academic offense and is subject to investigation and possible penalties under the
University’s Procedures for Resolution of Alleged Academic Offenses as outlined in
General Regulation 5.11 or School of Graduate Studies Regulation 3.12 of the Memorial
University Calendar.
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should consult with the instructor. Adjustments to individuals’ grades may be made at
the discretion of the instructor.
COURSE SCHEDULE
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making this strategic decision?
5. Should WestJet move to Pearson?
6. Consider the concept of strategy more broadly.
In your experience, do companies have a well-
articulated strategy? What do you see as the
challenges posed in setting a strategy?
Resources – Strategy
Readings Chapter 6
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Readings VIEW: Ana's Ted Talk below. Over 1.2 million views since
it was posted in April 2021.
https://www.ted.com/talks/
anu_puusa_the_case_for_co_ops_the_invisible_giant_of_
the_economy
Readings 1. Chapter 7
2. Friedman M. 1970. “The social responsibility
of business is to increase profits.” The New
York Times Magazine.
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Readings Chapter 8
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Cases Louis Vuitton
Costco Wholesale Corporation: Market Expansion
and Global Strategy. Ivey ID: 9B19M007. London
Readings Ghemawat P. 2001. Distance still matters: The
hard reality of global expansion. Harvard Business
Review 79(September): 137-147.
Readings Tsang, EWK. 2004. Superstition and decision-
making: Contradiction or complement? Academy of
Management Executive, 18: 92-104.
Course wrap-up 1. Reflect on what you have learned throughout the
semester
2. Work on your final project.
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