Course

AOS237 Business Strategy

Credits (ECTS):10

Course responsible:Bryndis Dogg Steindorsdottir

Campus / Online:Taught campus Ås

Teaching language:Norsk

Limits of class size:110

Course frequency:Annually

Nominal workload:250 hours.

Teaching and exam period:This course starts in Autumn parallel. This course has teaching/evaluation in Autumn parallel.

About this course

The central themes in this course are strategic planning and strategic decision making, internal and external analysis, formulation and communication of business strategy, and strategy implementation. The course puts emphasis on understanding strategy in different contexts (types of organizations and industries) and development of sustainable strategy.

Learning outcome

Knowledge goals

After this course, the student has knowledge of

  • the key concepts in strategy
  • the key models and tools to analyze the external and internal environment of an organization
  • research-based decision criteria to make relevant choices in strategy formulation and implementation
  • the importance of strategic thinking in the different areas of the society
  • how the development towards sustainable society influences strategy and strategy work

Skills

After this course, the student is able to formulate and solve strategic problems both alone and as a part of a group. The students learn to apply the key strategy models and concepts in order to

  • Find and analyze relevant information of the organization's external and internal environment
  • Formulate and choose between appropriate strategic alternatives based on this analysis
  • Present the solutions
  • Integrate sustainability into strategy

General skills

After completing this course, the student

  • has the ability to collaborate with others to translate knowledge and skills into practice within corporate strategy
  • has the ability to collaborate with others to translate knowledge and skills into practice within corporate strategy
  • can communicate orally and in writing about strategy in businesses
  • Learning activities
    The students are encouraged to acquaint themselves with the theory and case material before each lecture in order to participate in discussions and exercises in the classroom. The students apply the theories on cases at class during the lectures and in the mandatory assignments. The course has hybrid teaching. Learning activities consist of video lectures that will be available on Canvas and seminars 2-4 hours per week.
  • Teaching support
    The students will receive feedback in connection with the seminars and assignment.
  • Assessment method
    3,5 hours written exam on campus (counts 100 % of the grade).

  • Examiner scheme
    An external examiner will assess the questions for the exam, and principles for evaluation.
  • Mandatory activity
    One mandatory group assignment (two parts) that is graded passed/ failed and must be passed before the student can participate in the final exam. Passing the assignment requires presence in the class room (presentations/seminars) in addition to a written assignment. Information about the mandatory group assignment will be given in the beginning of the course. The mandatory group activity is valid only for one semester. The groups are formed in the beginning of the course when the number of participants is known. Practical information concerning group work and group formation will be given in the beginning of the course including information about the deadlines for group formation.
  • Notes
    The course is tailor-made for the 2nd and 3rd year students in B-ØA and 3rd year students in B-ØLIT, but it is also open for the students from other faculties.
  • Teaching hours
    Seminars 2-4 hours per week and videolectures. In addition group work related to the mandatory assignment.
  • Preferential right
    B-ØA, B-ØLIT, M-BIOEC
  • Reduction of credits
    7,5 ECTS overlap with AOS238-B.
  • Admission requirements
    The course is reserved for students on the following study programme: Bachelor in Business Administration, bachelor in Business Administration with Informatics, bachelor in Economics and Master in Bioeconomy - Biobased Value Creation and Business Development.