STR 1301 Strategy I

STR 1301 Strategy I

Course code: 
STR 1301
Department: 
Strategy and Entrepreneurship
Credits: 
7.5
Course coordinator: 
Erik Aadland
Course name in Norwegian: 
Strategi I
Product category: 
Bachelor
Portfolio: 
Bachelor - Common Courses
Semester: 
2022 Autumn
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

This course gives an introduction to strategy theory, strategic analyses and strategic choices that aim to improve businesses’ ability to create and appropriate value.

Learning outcomes - Knowledge

During the course, the students will:

  • Develop ability to use business models in analyses of businesses’ value creation.
  • Develop ability to analyze the external environments of businesses and derive implications for positioning choices.
  • Develop ability to analyze businesses’ resources and derive implications for strategic choices regarding resource acquisition and development.
  • Develop ability to analyze businesses’ activity sets and derive implications for strategic choices regarding activity configuration.
  • The students will also understand how sustainability concerns may influence strategic choices and approach to competition.
Learning outcomes - Skills

Upon course completion, the students should be able to:

  • Explain businesses underlying business model and value creation logic.
  • Assess the influence of strategic choices on businesses’ resource acquisition and resource development.
  • Assess the influence of structural factors on businesses’ activities as well as mobility on the competitive arena.
  • Assess how different strategic choices influence businesses’ ability to create and appropriate value
  • Identify concerns for sustainability in businesses’ strategic choices and approach to competition.
General Competence

The students should be able to critically reflect on the models, framework and theories. The ability to critically reflect will include concerns for sustainability and ethics.

Course content
  • The adaptive cycle
  • Value creation
  • Business models
  • Strategic analysis of businesses’ external environments
  • Strategic analysis of businesses’ resources and activity set
  • Methods for acquiring and organizing resources and activities
  • Corporate strategy
  • International strategy
  • Strategic trade-offs and choices
Teaching and learning activities

The course consists of 45 hours of lecture, cases and exercises.

Software tools
No specified computer-based tools are required.
Additional information

Re-sit examiniation

Students that have not gotten approved the coursework requirements, must re-take the exercises during the next scheduled course.

Students that have not passed the written examination or who wish to improve their grade may re-take the examination in connection with the next scheduled examination.

Qualifications

Higher Education Entrance Qualification

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

First and second year of the Bachelor's Programme in Business and Economics ("siviløkonomstudiet") or equivalent.

Mandatory courseworkCourseworks givenCourseworks requiredComment coursework
Mandatory32 This course has 3 mandatory courseworks, of which 2 need to be approved to attend the exam: 1) Group assignment (1-3 students) 2) Group assignment (1-3 students) 3) Group assignment (1-3 students) Additional information at course start.
Mandatory coursework:
Mandatory coursework:Mandatory
Courseworks given:3
Courseworks required:2
Comment coursework: This course has 3 mandatory courseworks, of which 2 need to be approved to attend the exam: 1) Group assignment (1-3 students) 2) Group assignment (1-3 students) 3) Group assignment (1-3 students) Additional information at course start.
Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
STR13011
Grading scale:
ECTS
Grading rules:
Two examiners
Resit:
Examination every semester
100No72 Hour(s)Group (1 - 3)This course ends with a 72 hour home examination. The exam can be solved individually or in groups up to 3 students. Additional information at course start.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:No
Grouping (size):Group (1-3)
Duration:72 Hour(s)
Comment:This course ends with a 72 hour home examination. The exam can be solved individually or in groups up to 3 students. Additional information at course start.
Exam code:STR13011
Grading scale:ECTS
Resit:Examination every semester
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
45 Hour(s)
Prepare for teaching
108 Hour(s)
Group work / Assignments
47 Hour(s)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.