Module Duration:
0
Credit:5
Grading Basis: 0
Price (AFRICA)::0.00€
Price (INT)::0.00€
Module Option: Compulsory
The course focuses on the key concepts and debates in the theory of corporate and business strategy; the changing context in which the corporate strategy is formulated and implemented; and how theoretical debates can be related to corporate strategies via the analysis of case studies covering a variety of industrial settings and situations.
The course also covers technical and non-technical aspects of management accounting, with a focus on the role management accounting plays in improving organizational performance.
Topics covered
- Strategic management
- Strategy and strategizing
- Historical threads in strategy development
- Planned and emergent strategies
- Resource-based view
- Business level strategies
- Corporate level strategies and diversification
- Corporate governance
- Stakeholder and shareholder view of the firm
- Financialisation and corporate behavior
- Mergers, acquisitions & alliances
Management Accounting:
- ABC and ABCM
- Pricing and pricing issues
- Management accounting for performance
- Management accounting for sustainability
- Cost of capital
- NPV, tax, inflation and other issues
- Divisionalisation and organizational accountability
- Investment appraisal techniques
- Performance evaluation techniques
- Control and responsibility accounting
Learning outcomes
- Explain the major approaches to analyzing corporate strategy and the debates between proponents of these positions
- Analyze the ways in which regulatory practices relate to corporate strategy
- Assess the application of strategic frameworks to a variety of business contexts
- Apply techniques of cost-volume-profit analysis, absorption costing
- Apply the techniques of both Activity Based Costing and management systems
- Critically discuss the role management accounting plays in improving organizational performance
Assessment
- Summative report [2000 words] (40%)
- Three-hour examination (60%)
The course focuses on the key concepts and debates in the theory of corporate and business strategy; the changing context in which the corporate strategy is formulated and implemented; and how theoretical debates can be related to corporate strategies via the analysis of case studies covering a variety of industrial settings and situations.
The course also covers technical and non-technical aspects of management accounting, with a focus on the role management accounting plays in improving organizational performance.
Topics covered
- Strategic management
- Strategy and strategizing
- Historical threads in strategy development
- Planned and emergent strategies
- Resource-based view
- Business level strategies
- Corporate level strategies and diversification
- Corporate governance
- Stakeholder and shareholder view of the firm
- Financialisation and corporate behavior
- Mergers, acquisitions & alliances
Management Accounting:
- ABC and ABCM
- Pricing and pricing issues
- Management accounting for performance
- Management accounting for sustainability
- Cost of capital
- NPV, tax, inflation and other issues
- Divisionalisation and organizational accountability
- Investment appraisal techniques
- Performance evaluation techniques
- Control and responsibility accounting
Learning outcomes
- Explain the major approaches to analyzing corporate strategy and the debates between proponents of these positions
- Analyze the ways in which regulatory practices relate to corporate strategy
- Assess the application of strategic frameworks to a variety of business contexts
- Apply techniques of cost-volume-profit analysis, absorption costing
- Apply the techniques of both Activity Based Costing and management systems
- Critically discuss the role management accounting plays in improving organizational performance
Assessment
- Summative report [2000 words] (40%)
- Three-hour examination (60%)