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This course introduces the concepts, tools, and principles of strategy formulation and competitive analysis, focusing on managerial decisions and actions to enhance business success. It integrates various functional disciplines and aims to develop skills necessary for effective strategy formulation.
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BUAD 497 Strategic Management is a capstone course in business administration that integrates and applies knowledge learned in previous courses. It focuses on strategy formulation, implementation, and assessment within organizations.
Students in their final year of a business administration program, typically those completing their degree requirements, are required to take BUAD 497 Strategic Management.
To 'fill out' BUAD 497, students must complete assigned projects, participate in case studies, and submit strategy reports as dictated by the course syllabus and instructor guidelines.
The purpose of BUAD 497 Strategic Management is to prepare students to analyze complex business environments, make strategic decisions, and develop plans for organizational success.
Students must report on strategic analysis, competitive positioning, organizational capabilities, market trends, and potential strategic initiatives in their coursework.
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