ECONOMICS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
BA4311 | Strategic Management | Fall | 3 | 0 | 3 | 7 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Prof. Dr. AHMET ERKUŞ |
Course Lecturer(s): |
Assoc. Prof. HAVVA PINAR İMER Prof. Dr. AHMET ERKUŞ |
Recommended Optional Program Components: | None |
Course Objectives: | Over the years, the field of strategic management has had a major influence on corporate behavior. Terms such as cash cow, sustainable competitive advantage and core competence are frequently raised in day-to-day business conversations. In fact, the ability to apply strategic analysis to practical business problems has become a valuable skill in many occupations, including management consultancy, stock broking, merchant banking and corporate finance. The aim of this course is to give you the tools needed to analyze situations and think strategically. |
The students who have succeeded in this course; Students who successfully complete this course; 1. Knows the importance and necessity of strategic management in terms of institutions. 2. Can understand the strategic decisions taken by institutions and have the ability to make strategic planning. 3. To be able to analyze internal and external environment in order to create strategies. 4. Will be able to explain the basic concepts, principles and practices related to strategy formulation and implementation. 5. Strategies can be created with different perspectives and can use information about their implementation. 6. Analyze and evaluate real-life companies and develop creative solutions from a strategic management perspective. |
1st Week: Introduction. 2nd Week: Basic concepts of strategic management. 3rd Week: Developing a strategic vision, setting objectives and crafting a strategy. 4th Week: Environmental scanning: Analyzing the macro-environment. 5th Week: Environmental scanning: Analyzing the competitive environment. 6th Week: Internal scanning: Organizational analysis. 7th Week: Strategy formulation: Situational analysis (SWOT). 8th Week: Midterm 9th Week: Generating alternative strategies using a SWOT matrix. 10th Week: The generic competitive strategies and cooperative strategies. 11th Week: Corporate strategy and directional strategy. 12th Week: International entry, stability and retrenchment strategies. 13th Week: Portfolio analysis. 14th Week: General wrap-up. |
Week | Subject | Related Preparation |
1) | 1st Week: Introduction. | |
2) | 2nd Week: Basic concepts of strategic management. | |
3) | 3rd Week: Developing a strategic vision, setting objectives and crafting a strategy. | |
4) | 4th Week: Environmental scanning: Analyzing the macro-environment: | |
5) | 5th Week: Environmental scanning: Analyzing the competitive environment. | |
6) | 6th Week: Internal scanning: Organizational analysis. | |
7) | 7th Week: Strategy formulation: Situational analysis (SWOT). | |
8) | 8th Week: Review | |
9) | 9th Week: Generating alternative strategies using a SWOT matrix. | |
10) | 10th Week: The generic competitive strategies and cooperative strategies | |
11) | 11th Week: Corporate strategy and directional strategy | |
12) | 12th Week: International entry, stability and retrenchment strategies. | |
13) | 13th Week: Portfolio analysis. | |
14) | 14th Week: General wrap-up. |
Course Notes / Textbooks: | Required Texts: Crafting & Executing Strategy: The Quest for Competitive Advantage (2011, 18th edition) Arthur A. Thompson, J.E. Gamble ve A.J. Strictland, McGraw-Hill. Strategic Management and Business Policy (2008, 11th edition) by Thomas L. Wheelen and J. David Hunger, Prentice Hall. |
References: | İşletmelerde Stratejik Yönetim (2004) by Hayri Ülgen and S. Kadri Mirze, Literatür Yayıncılık, İstanbul. Stratejik Yönetim ve İşletme Politikası (2003, 6. Baskı) by Ömer Dinçer, Beta Yayıncılık. Financial Times, Fortune, Bloomberg Business Week, The Economist, Harvard Business Review, Business Strategy Review dergilerinin son sayıları ile Capital ve Infomag gibi Türkçe dergiler ile günlük gazetelerin ekonomi ve iş dünyası ile ilgili kısımları. |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 14 | % 10 |
Quizzes | 5 | % 15 |
Midterms | 1 | % 30 |
Final | 1 | % 45 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 55 | |
PERCENTAGE OF FINAL WORK | % 45 | |
Total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 14 | 40 |
Study Hours Out of Class | 15 | 108 |
Quizzes | 5 | 10 |
Midterms | 1 | 2 |
Final | 1 | 2 |
Total Workload | 162 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | 2 |
2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | 2 |
3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | 2 |
4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | 2 |
5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | 1 |
6) | Comprehends new ways of doing business using digital technologies. and new market structures. | 2 |
7) | Takes critical approach to economic and social problems and develops analytical solutions. | 1 |
8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | 2 |
9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | 2 |
10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | 1 |
11) | Generates original and innovative ideas in the works she/he contributes as part of a team. | 2 |