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Level 5 Diploma in Accounting and Business

Review and coursework completion

AB501 · Principles and Concepts of Business Strategy — Week 15 of 16

CourseAB501
Week15 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Review and coursework completion

  1. Reviewing the learning outcomes
  2. Completing and checking coursework against the criteria
  3. Self-assessment

What you will be able to do

  • 1.1 Explain what is meant by the term ‘business strategy’.
  • 1.2 Compare different levels of business strategy.
  • 1.3 Compare elements of a strategic framework.
  • 1.4 Explain strategy development processes.
  • 2.1 Differentiate between different types of business strategies.
  • 2.2 Compare the elements of a strategic management process.
  • 2.3 Discuss key organisational theories which impact business strategy.
  • 3.1 Explain what is meant by the term ‘strategic option.’
  • 3.2 Compare different strategic options available to a business.
  • 3.3 Recommend a relevant strategic option which a business could implement.

Activity

Guided review of every criterion; coursework completion clinic and peer review.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Week 14Final
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

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Course plan
  • Week 1: Foundations of Business Strategy
  • Week 2: Hierarchy of Business Strategy
  • Week 3: Strategy Development Approaches
  • Week 4: Organisational Theories in Strategic Management
  • Week 5: Typologies of Business Strategy
  • Week 6: The Strategic Management Process: Environmental Analysis
  • Week 7: The Strategic Management Process: Execution and Control
  • Midterm: Midterm evaluation
  • Week 9: Conceptualising Strategic Options
  • Week 10: Comparing Growth Vectors and Strategic Options
  • Week 11: Recommending Strategic Options
  • Week 12: Applying Principles and Concepts of Business Strategy in pr…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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