BADM 482: Business Policy & Strategy
Syllabus 
Fall Semester 2004

AgHall 139

 

Dr. Carol J. Cumber
Economics Department
Scobey Hall Room 144, Box 504
South Dakota State University
Brookings, SD  57007
Phone:  (605) 688-4849
Email:  mailto:Carol_Cumber@sdstate.edu
Dr. Cumber's homepage:  http://learn.sdstate.edu/cum
Textbook homepage: http://www.mhhe.com/pearce9e

Business Strategy Game Computer Simulation homepage: http://www.bsg-online.com/
 

OFFICE HRS: Mon 1:30 - 2:30
Tues 8:30 - 9:30
Weds. 1:00 - 2:00
Thurs 8:30 - 9:30
+ by appt.
REQUIRED TEXT: Formulation, Implementation, and Control of Competitive Strategy, 9th ed., Pearce II, John A. and Richard B. Robinson, Jr. Boston: McGraw Hill, 2005.
ADDITIONAL REQUIRED MATERIALS:

The Business Strategy Game: A Global Industry Simulation, 8th ed., Thompson, Arthur A. and Gregory J. Stappenbeck.  Boston: McGraw Hill, 2005.  On-line version, access code included with your text.
BusinessWeek Magazine. Access code for 13 week subscription included with your text.

 

COURSE OBJECTIVES:

This course emphasizes sharpening your analytical and decision-making skills.  The purpose of this class is to be the graduating senior 's capstone business-economics course, where you get a chance to take the skills and knowledge obtained in your other business courses, and apply it to some in-depth strategic decision making.  In a nutshell, the premise of this course is to assist you in developing your skills in determining how businesses deal with challenges and opportunities, and how good strategic planning helps them not only survive but thrive in the long-run (in other words, how not to be an Enron)! With this in mind, the primary objectives of this course are to:

  1. Assist the student in acquiring understanding of the role of the general manager in strategy formulation, implementation and control.
  2. Provide the student with a course that facilitates both conceptual and experiential integration of functional concepts and techniques from foundation courses in the business-economics major curriculum.
  3. Provide the student with a course that emphasizes communication proficiency through oral presentations and group discussion, written strategic plans, stockholders reports and performance summaries, and use of computers and the internet as a business simulation, business analysis, research and study assistance tool.

 

To realize these objectives, one of the first things you'll notice is that this will not be a "typical" class, not only in presentation style, but also in expected commitment of time. In addition to lecture, expect videos,  supplemental materials, group work and discussion, use of  BusinessWeek magazine to keep us current on business issues, exams and quizzes, and a business computer simulation. That's a lot!  It's also varied enough so that it can tempt each one of you  to enjoy the course to the extent that you will want to work hard, knowing that the outcome is not only that you leave at the end of the semester having learned a great deal, but also had an exciting, fun time doing it! Assignments are noted in this syllabus and detailed on the course web site, and become your  responsibility.


COURSE OUTLINE:

This course provides both conceptual and experiential learning opportunities. You will become familiar with the strategic management process, utilizing the components of the strategic management model as a focal point for analysis. It is here that the business skills of planning and managing strategic activities will be emphasized.  

In addition to the review guides that will be distributed prior to exams,  additional information and practice quizzes can be accessed through the textbook website at http://www.mhhe.com/pearce9e Chapter quizzes will be distributed at the beginning of class.

DATE:

ASSIGNMENT:  (Simulation Assignments noted in italics)

Tue.   8/31/04

Introduction to class

Order free subscription of BusinessWeek magazine

Thur.   9/2/04

Complete before lab:  Read Information Section of Business Simulation Game (BSG) (http://www.bsg-online.com/)

Introduction to The Business Strategy Game

Get Company team assignment.

Name Company.

Bring Access Code to Enable On-line Registration

Tues. 9/7/04

Pearce & Robinson (P&R) Ch. 1, Ch. 5 SWOT section pp. 166-169

Chapter 1 Quiz

Thur. 9/9/04

Simulation Quiz 1 Deadline:  Wed. 9/8/04  11:59 p.m.

Practice One Decisions

Tues. 9/14/04

Practice One Decision Deadline:  Mon. 9/13/04  11:59 p.m.

P&R Ch. 2

Chapter 2 Quiz 

Thur. 9/16/04

Review Practice One Decisions

Work on Practice Two Decisions

Tues. 9/21/04

Practice Two Decision Deadline:  Mon. 9/20/04  11:59 p.m.

P&R Ch. 3

Chapter 3 Quiz

Thur. 9/23/04

Work on Year 11 Decisions

Tues. 9/28/04

Year 11 Decision Deadline:  Mon. 9/29/04  11:59 p.m.

P&R Ch. 4

Chapter 4 Quiz

Thur. 9/30/04

Work on Year 12 Decisions

Tues. 10/5/04

Year 12 Decision Deadline:  Mon. 10/04/04  11:59 p.m.

EXAM 1

Thur. 10/7/04

Work on Year 13 Decisions

Tues. 10/12/04

Year 13 Decision Deadline:  Mon. 10/11/04  11:59 p.m.

P&R Ch. 5

Chapter 5 Quiz

Thur. 10/14/04

Simulation Quiz 2 Deadline:  Wed. 10/13/04  11:59 p.m.

Work on Year 14

Work on Strategic Plan for Years 14,15,16

Tues. 10/19/04

Year 14 Decision Deadline:  Mon. 10/18/04  11:59 p.m.

P&R Ch. 6

Chapter 6 Quiz

Strategic Plan Deadline: Tues. 10/19/04  11:59 p.m.

Thur. 10/21/04

Work on Year 15

Tues. 10/26/04

Year 15 Decision Deadline:  Mon. 10/25/04  11:59 p.m.

P&R Ch. 7

Chapter 7 Quiz

Thur. 10/28/04

Work on Year 16

Discuss Stockholder’s Report

Determine Stockholder's Report Presentation Order

Start Work on Stockholder's Report

(Year 17 decisions are due Wed. November 17.  Decide as a group when you will meet outside of class to complete them)  

Tues. 11/02/04

Year 16 Decision Deadline:  Mon. 11/01/04  11:59 p.m.

P&R Ch 8

Chapter 8 Quiz

Thur. 11/04/04

Work on Stockholder’s Reports

Tues. 11/9/04 EXAM 2

Thur. 11/11/04

Holiday - Veteran's Day

Tue. 11/16/04

Strategy in Action (attendance required)

BusinessWeek Discussion

Thur. 11/18/04

Year 17 Decision Deadline:  Wed. 11/17/04  11:59 p.m.

Stockholders Report Presentations (submit written report)  Years 11-16

(AgHall 139)  (attendance required)

Tue. 11/23/04

Stockholders Report Presentations (submit written report)   Years 11-16

(AgHall 139) (attendance required)

Thur. 11/25/04

Holiday -Thanksgiving Day

Tues. 11/30/04

Strategy in Action (attendance required)

BusinessWeek Discussion

Thur. 12/02/04

Year 18 (out of class) Decision Deadline:  Wed. 12/1/04  11:59 p.m.

Work on Year 19

Tues. 12/7/04

Year 19 Decision Deadline:  Mon. 12/6/04  11:59 p.m.

Strategy in Action (attendance required)

BusinessWeek Discussion

Thur. 12/9/04

 

 

Year 20 (out of class).  Decision Deadline: Weds. 12/8/04  11:59 p.m.

Discussion of BSG. (Attendance required).  

Discuss Peer Evaluation

Discuss  and Work on Final Management Audit

Final Exam Period:
Thurs 12/16/04 2:00 p.m.

2:00 p.m. Deadline to individually submit the Peer Evaluation & submit as a team the

Company Management Audit


 

GRADING PROCEDURE:

 

There are two major grading  categories in this class:

Category 1:  Concept based

55%

Includes:  

     EXAMS (2)

 

     CHAPTER QUIZZES (Scores taken from top five quiz grades)

 

     BUSINESSWEEK DISCUSSION

 
Category 2:  Business Simulation 45%
Includes:  

     QUIZZES (2) ON SIMULATION MATERIALS

 

     STRATEGIC PLAN

 

     COMPANY PERFORMANCE

 

     STOCKHOLDER REPORT

 

     PEER EVALUATION

 

     MANAGEMENT AUDIT

 

 

Letter Grade Breakdown:
90-100% A
80-89% B
70-79% C
60-69% D
Below F



EXPLANATION OF GRADING CATEGORY COMPONENTS:

Category 1:  Concept based

Exams and Chapter Quizzes

The exams are non-cumulative. An exam review guide will be distributed before each exam. You are expected to take the exams at the scheduled time.  Make-ups will be considered only with prior approval, and may be essay in nature. The quizzes are over your required textbook reading and will be given at the beginning of the class period. The top five quiz scores will be used to determine your final quiz points; there are no make-ups given.

BusinessWeek Discussion

One of the items with gives our text a "competitive edge" is its close association with BusinessWeek.  Through their partnering, we are able to receive BusinessWeek magazine, have on-line access to updates, etc.  We'll take advantage of this association to access current information about what real businesses are facing by reading articles and discussing them in class.  Your opinion is important, and will be actively solicited.  You'll be expected to come to class with the articles read, a brief reaction paper written and ready to hand in, ready to engage in meaningful discussion of the issues with your classmates.

Category 2:  Business Simulation

Through use of the Business Strategy Game, you will have the opportunity to become active strategic thinkers and planners.  Your company team will use the tools and concepts of strategic analysis to assess the industry environment, evaluate the strength of competitive forces, and monitor the actions of rival companies.  You will be challenged to form a strategic vision and to chart a basic direction for your company.  Plus, it's fun to kick corporate butt!

Quizzes on the Simulation

There will be two open-book simulation quizzes.  The first will focus on understanding what the simulation is all about; the second assesses your understanding of how to read reports that contain critical information about your company and its competition.

Strategic Plan

Through use of  some practice decision cycles, and after a few years decisions have been made, your team should be comfortable with how the simulation and your company works.  At that time, you'll be asked to plot a strategy by constructing a three-year strategic plan.  You'll develop objectives for your company, plan your strategic direction,  and identify  and analyze issues within your own company and those of your competition.  Your company will be evaluated, in part, based on how well it achieved its strategic objectives.

Company Performance

This component will be evaluated based upon the relative success of your company, and will be determined by performance scores. Performance scores will be equally weighted based upon an "Investor Expectation" standard and a "Best in Industry" standard.

Stockholders Report

Each team will prepare and present a stockholders report covering a six-year period of Years 11-16. There will be annual reports from real businesses and from simulated businesses from previous semesters on reserve in the Economics Department main office for you to review to get an idea concerning what might be included.  Adequate preparation and keeping up to date financial records are essential for successful completion of this component. Discussion of your strategy will strengthen your presentation.  Professional attire and the use of multi-media techniques are required. Presentation time of 15 minutes (including questions) will be strictly enforced.  A copy of your presentation will be given to the instructor and the other teams at the time of presentation.

Peer Evaluation

At the end of the semester, there will be a peer performance evaluation. The evaluation will be individually completed and submitted to assure confidentiality.

Management Audit

During the final exam period, all companies will turn in a  management audit.    


PENALTIES TO AVOID:

Due to the class structure and inflexibility of deadlines that are an unavoidable component of a computer simulation experience, there have to be a few "ground rules" to prevent chaos.

  1. Failure to attend on any required day (noted in syllabus and/or announced in class) will result in a  5 point deduction for each absence.
  2. It will not be possible to turn in materials or decisions late, so be sure to plan ahead.
  3. If a student does not contribute to a simulation component, their team reserves the option of leaving that student's name off the submitted materials. That student would then receive a zero for that portion of the simulation.  In other words, You can be fired.

ADDITIONAL INFORMATION:

Attendance/Assignments: Regular attendance is necessary in both the lecture and lab sections. Due dates on class assignments refer to the beginning of the class period. If you must be absent on a day when an assignment is due, turn it in before that class period.  No late assignments will be accepted. Take care to note submission deadlines for simulation decisions/materials.

Academic Honesty: Students are expected to do their own work.  Failure to do so will result in, at minimum, a zero grade for the material in question, with the possibility of an "F" in the course.   Please refer to the official SDSU academic honesty policy for more information.

Disability Policy: If you feel that you may need an accommodation for any sort of disability to make this a successful learning experience, please come and talk to me as soon as possible and make the appropriate arrangements with the Office of Disability Services (ODS).  The ODS office is located in 110 West Hall.  To schedule an appointment call 605-688-4504 and request to speak with Nancy L. Schade, the Coordinator of Disability Services.


This page was last updated  8/20/09

Website managed by Carol J. Cumber

Email: carol.cumber@sdstate.edu