Grading System, Scale, and Policies

MGMT 4750 Strategic Management SYLLABUS

Summer, 2012

This syllabus should be used by students taking MGMT 4750 during the Summer semester, 2012.

Important Notes Applicable to the Summer 2012 Semester

(1) The summer session is an abbreviated short session, but has the same amount of content as the MGMT 4750 classes that meet during the fall and spring semesters. It is definitely recommended that you do not take more than two courses (including MGMT 4750) when taking this course.

(2) This is your capstone course. It is imperative that you begin reading the text and working any applicable assignments before you attend the first day of class.

(3) Required Computer Competencies: MGMT 4750 requires extensive use of GaView, Microsoft Word®, and PowerPoint. Exams are GaView based. Each CSU student is required to have ready access throughout the semester to a notebook computer that meets faculty-approved hardware and software requirements for the student’s academic program. See http://itpchoice.clayton.edu for full details of this policy.

(4) As you will also note, either the ETS Exam or the College of Business Fundamentals Exam will be given in MGMT 4750 during the summer, 2012. This is a two hour exam that will be given during the final exam period.

(5) Punctuality is always important. Classes will begin promptly and attendance will be taken at the beginning of class. Since this class is a short session, you can not afford to miss any classes.

(6) Dress code: sunglasses and caps, including du rags, are not to be worn in class. You will be required to dress in appropriate business presentation attire for your team presentations.

(7) Class participation is 5% of your final grade. Your class participation grade will be reduced 10% for every class meeting that you miss.

(8) You are expected to take the exams on the dates on which they are given. Failure to take an exam on the scheduled exam date, without previous approval from the professor, will result in a “0” grade for that exam. Any exam taken after the scheduled exam for any reason will result in an automatic 20% deduction on that exam.

(9) Always check your e-mail on a daily basis for any messages or announcements relevant to the course. E-mails will be sent through campus e-mails and not through GaView.

(10) Alternative Format/Disability Services: To obtain this document (or any other documents in my courses) in alternative format and request accommodations, please contact the Disability Services Coordinator at 678-466-5445.

Course Number: MGMT 4750 Course Title: Strategic Management Prerequisites: FINA 3101, MKTG 3101, MGMT 3101,BUSA 3700, BUSA 3101 MGMT 3102 (can be taken concurrently), MKTG 3102 (can be taken concurrently) Professor: Dr. Michael Deis Course Location: Clayton State University, T152 Meeting Times: CRN 54746, MTWTh, 10:15 am – 12:20 pm, Room T152 Office: T255 (second floor of new School of Business building) Office Hours: 12:20 pm – 1:30 pm, MTWTh and by appointment Phone: (678) 466-4541 (office) (770) 254-8251 (home) (678) 850-8070 (cell) Home page: http://www.business.clayton.edu/deis e-mail: [email protected] Required Course  Ireland, Hoskisson, & Hitt (2012). Understanding Business Strategy: Concepts Plus, 3nd Edition; South-Western Cengage Learning ISBN 978-0-538-47681-2 (CSU bookstore: Materials: $145.75). Check also www.cengagebrain.com for E-book version. Note: This is a new edition (soft back).  Subscription to Foundation and Comp-XM from Management Simulations, Inc. ($68.98); subscription information will be provided the first week of class.  Subscription to Wall Street Journal print and online editions (10 Weeks for $19.95 – subscribe at http://subscribe.wsj.com/quarter).

Additional (1) access to a personal computer Resources: (2) access to a calculator Important Dates: May 21, 2012 (Monday): Classes begin May 28, 2012 (Monday): Memorial Day – no classes June 1, 2012 (Friday): Class WILL meet June 5, 2012: (Tuesday): Last day to withdraw without academic accountability June 21, 2012: (Thursday): Final Exam

Catalogue Course Description: A capstone course to integrate the knowledge and skills gained in a student's program of study. It is an opportunity for a student to formulate an overall business policy and strategy. To be taken during the last two semesters before graduation; last semester is strongly preferred. Admission to School of Business and Senior Standing required.

Upon completion of the course, students should be able to: Assessment Method

A. Know, comprehend, and apply the three parts of the strategic Exams with embedded questions keyed to knowledge, management process: comprehension, and application for each part of the 1. Establishing Vision and Leadership strategic management process. 2. Analyzing Environments ▪ Evaluating external opportunities and threats ▪ Evaluating internal strengths and weaknesses 3. Selecting a Strategy ▪ Developing business-level strategies ▪ Developing multiproduct strategies ▪ Acquiring and integrating businesses ▪ Competing across borders

B. Apply the strategic management process and integrate knowledge from Team ranking from analyst report of ten business previous coursework by running a company as part of a management performance measures team, competing against other companies in a simulated business environment

C. Demonstrate business judgment and analytical skills by managing a Individual “balanced scorecard” with exam questions company individually for four simulated years, competing against keyed to simulation results three computer-managed companies D. Demonstrate interpersonal skills and appreciation for diversity by Web-based intra-group peer evaluation assessing leading and managing collaborative activities and working effectively team skills related to task and process. in teams that have a diverse membership

The ETS Major Field Test in Business will be administered in this course as part of the School of Business assurance of learning and assessment process. During the final exam period, students will take an exam (the ETS in alternating summers) designed to assess overall business knowledge. This exam is a component of the School of Business and AACSB Assurance of Learning process.

In addition to the primary course outcomes, this course will support other BBA program learning outcomes by enhancing students’ ability to:

1. Demonstrate written communication skills and critical thinking skills by writing clear, concise, and grammatically correct analyses of current business situations related to strategy. 2. Demonstrate oral presentation skills by designing and delivering a “Board of Directors” presentation based on the results of the business simulation. 3. Use basic computer technology appropriately in a business context (e.g., e-mail, Web-based discussion boards, PowerPoint® and library data-bases).

Course Requirements and Expectations:

Note: Grading criteria will be included with the instructions for each course requirement. Instruction documents are posted on GaView under Course Requirements.

1. Class and Team Participation: Class sessions will focus on application of concepts and skill building. The delivery will be experiential, with a minimum of lecture. Students are expected to complete the required reading, chapter quiz, and pre-class assignment prior to each class according to the course schedule. Regular, punctual class attendance and active participation in class and team activities will be essential to the learning experience. Participation will be assessed through a peer evaluation process.

2. Weekly Quizzes: Knowledge of concepts from the bi-weekly chapter reading assignments will be assessed by graded quizzes administered through GaView. The quizzes will be “open book” and timed. Quizzes usually expire at 11:59 p.m. preceding the class discussion, but refer to the syllabus and GaView to be sure.

3. Course Content Exams: There will be two scheduled exams during the semester. Exams will be closed book and will include assigned text chapters and material covered in class. Each exam will assess knowledge, comprehension, and application of key concepts. Exam dates are firm. If the exam will be missed, the student must notify the professor in advance and provide written documentation for the absence. An excused absence for medical reasons requires a written excuse from a doctor’s office. The professor reserves the right to exercise his personal judgment in allowing make-up exams and deducting points for exams taken after the published exam date.

4. Foundation  Business Simulation: Students will apply the strategic management process and integrate knowledge from previous coursework by running a company as part of a management team, competing against other companies in simulation. Most Thursday classes will be devoted to working in teams reviewing results of the simulation, making decisions related to strategy, and executing tactics.

5. Team Presentation to Board of Directors: Management teams will review their business simulation results, explain their decisions, and propose a future strategy.

6. Comp-XM  Business Competency Exam: At the end of the semester, students will be required to demonstrate business judgment and analytical skills by managing their own company for four simulated years, competing against three computer-managed companies. This exam is a component of the School of Business Assurance of Learning process.

7. ETS Exam in Business: During the final exam period, students will take the School of Business ETS Exam, which is designed to assess core business knowledge. This exam is a component of the School of Business Assurance of Learning process.

Course Administration: GeorgiaVIEW (http://clayton.view.usg.edu

This course will be administered through GaView. All communication for MGMT 4750, with the exception of e-mails, will be handled through the course Web site. The GaView Class Bulletin Board will be used for general class communication between class sessions. Regular CSU e-mail will be used for one-to-one communication. Therefore, it is essential that students access GaView and their regular CSU e-mail on a daily basis.

STUDENT COURSE REQUIREMENTS

Grading: Grades will be assigned using the following scale:

A: Average of 90-100%

B: Average of 80 up to 90%

C: Average of 70 up to 80%

D: Average of 60 – 70%

F: Average of 0 – 60%

W: Withdrawal from the course on or before June 5, 2012

WF: Withdrawal from the course after June 5, 2012 Course Changes: The course syllabus provides a general plan for the course. The professor reserves the right to make periodic changes to the syllabus, including: assignments, case studies, time table, examinations, etc., in order to accommodate the needs of the class as a whole and fulfill the goals of the course.

Determination of Final Grade: (Note: the professor reserves the right to change the weights of the exams and projects/reports (if any are required during a specific semester).

Grading System, Scale, and Policies:

COMPONENT POINTS  Class and Team Participation (Peer Evaluation) 50  Weekly Chapter Quizzes (7 @ 30 points ea.) 210  Course Content Exams (2 @ 100 points ea.) 200  Business Simulation Rehearsal 50  Business Simulation Results (Team Rankings) 200  Team Business Presentation to Board of Directors 100  Comp-XM Business Competency Exam 75  ETS Exam 75  Personal Interview 40 Total Course Points 1,000 Available Bonus Points 20 Total Possible Points 1,030

Bonus Point Grading Scale (based on 1,000 Opportunities: points):

1. Orientation Quiz (10 A = 900 points and above points) B = 800 to 899 points 2. ETS practice exams C = 700 to 799 points (10 points) D = 600 to 699 points F = Less than 600 points The CSU policy concerning children in W = Withdrawal before June 5, classes and on-campus: 2012 WF = Withdrawal after June 5,  Children are not permitted in classrooms. 2012  Faculty will not allow children to be present in their classrooms. If a student brings children to class, the The point scores earned are absolute. There will be no “rounding student and children must be told to leave the up” to the next grade. See the University Web site for the classroom. official school calendar and withdrawal dates. See the University  Unattended children will not be permitted on- catalogue for the policies on withdrawal. campus (in hallways, the gym, the library, outside of buildings, etc.). Incompletes: An incomplete will only be given in rare non-  Public Safety (678-466-4050) will be notified if academic situations - to be determined by the instructor. unattended children are observed on campus. If faculty or staff observe unattended children on- Withdrawals: To withdraw passing, passing work is required. campus, they are responsible for informing Public Failure to officially withdraw will result in a grade of "F". The Safety. The campus police will take any unattended collegehas specific policies regarding withdrawals. Consult the children to the classroom of the parent, and will get current academic catalog for specific policies. the parent out of class. The parent will not be permitted to bring such children into the classroom. Academic Integrity: Academic integrity is of paramount  Parents are referred to Campus Life (UC Room 258, importance at Clayton State University. Students are expected to 678-466-5422) for information concerning childcare abide by the Student Code of Conduct as outlined in the facilities off-campus. University’s official Student Handbook.

Student Policies: Students are expected to abide by all policies in the University Catalog, Student Handbook, and the list of Basic Student Responsibilities posted on the Registrar’s Web site: http://adminservices.clayton.edu/registrar/.

Classroom Etiquette: Please observe good classroom etiquette: cell phones and pagers off, computers closed unless being used in a classroom assignment. Please review the full university policy on disruptive classroom behaviors: http://a- s.clayton.edu/DisruptiveClassroomBehavior.htm

Advisement:  Please feel free to seek individual assistance from the professor.  Be sure to check the School of Business Web site for academic and career advisement: http://business.clayton.edu/advisement/default.htm

Electronic Equipment: With the exception of laptops, PDAs and calculators, electronic devices cannot be used in class. This includes, but is not limited to, cell phones and other handheld devices. Laptop and PDA use is restricted to classroom activity. Multi-tasking, working on assignments for other classes, and other activities not related to the current classroom activity is prohibited. Exceptions for cell phones may be granted for extraordinary circumstances. In such cases, students will need to make prior arrangements with the professor.

Children: Children are not allowed in class or in online course orientation sessions or exam sessions. The amount of time that children are on campus should be minimized, except for activities where children have been specifically invited.

Attendance and Punctuality: Regular attendance and punctuality are expected and necessary to attain maximum success in your studies and course grade. In addition, due to financial aid considerations, attendance is mandatory during the first two weeks of class. Regular class attendance is the obligation of each student, and, due to the lecture/discussion format of the class, attendance is strongly encouraged. Due to financial aid accountability and in accordance with University regulations, attendance is required during the first two weeks. Students who are absent during that time will be dropped from the class.

An absence does not relieve the student of responsibility for knowledge of classroom materials, examinations, cases, assignments and/or the submission of any report(s), etc., nor the consequences of a late submission. Students are responsible for obtaining notes, from other students or from the network if available, for any class missed and for all assignments made or due during absence.

Students are required to take all exams and complete all assignments by the specified date. Students who miss class due to work, illness, or other valid reasons must notify the professor prior to the missed sessions.

· Absence from class when an assignment is announced is not an acceptable excuse. Assignments are due at the beginning of the class after being announced. Late assignments will be accepted one class period after the announced assignment due time and date; however, an automatic 20% reduction for that assignment will be taken before the assignment is graded.

Attendance in class is mandatory if your goal is to complete this course successfully. NOTE: Earning an A is not possible if you have two absences or “come late/leave early” incidents.

Class Participation and Homework: Students are encouraged to ask questions to clarify understanding and to discuss and debate the theories, principles, and concepts from the text, case studies, and lectures. Students will be expected to participate in class and will be called upon on a regular basis.

· To be successful in the course, the student should complete all homework assignments and should expect to spend a minimum of 15 - 18 hours per week on homework and other class projects.

College Policies: In accordance with college policies, no eating, drinking, or smoking is allowed in the classroom. Students are to abide by all policies covered in the CSU Student Handbook.

COURSE OUTLINE

The following course schedule provides a detailed checklist of topics and assignments by week. The professor reserves the right to make periodic changes to content, requirements, and schedule, including examination dates, to accommodate the needs of the class and to fulfill the goals of the course.

MGMT 4750 Strategic Management Month Session Day Date Topic Assignment Additional Number Chapters Comments May 1 M 21  Course  Preview MGMT 4750 course layout on GaVIEW  CEO ballots will be issued this class Orientation/Syllab (http://clayton.view.usg.edu). and CEO’s will be chosen us Review  Print, read, and bring to class the Syllabus /  GaView will be available before  Foundation Course Schedule (see GaVIEW 4750 course Monday, May 21 Orientation page or http://business.clayton.edu/deis).  Team Interviews  Prepare a one-minute presentation for the class, and Selection introducing yourself and explaining why you should be selected by your classmates as a CEO for the Foundation simulation May 2 T 22  Ch 1:  Read and study Chapter 2  Continue working on the Foundation Understanding  Complete Orientation Quiz by 8:00 PM on Getting Started Checklist Strategy Tuesday, May 22rd

May 3 W 23  Chapter 2:  Read and study Chapter 2  Complete Quiz C – 2 Leading  Complete Quiz C-2 (30 points) before  Work on the two- round rehearsal Strategically 11:59 pm on Tuesday, May 22 simulation  Foundation  Important: Complete the Foundation Getting Getting Started Started checklist, including the Rehearsal Checklist: Simulation – 2 rounds, by 11:59 pm on Simulation Monday, May 30th.. Rehearsal Instructions May 4 Th 24  Chapter 3:  Read and study Chapter3  Complete Quiz C-3 Analyzing the  Complete Quiz C-3 (30 points) before Environment 11:59 pm on Wednesday, May 23)  Team Meetings May 5 T 29  Chapter 4:  Read and study Chapter 4  Complete quiz C - 4 Analyzing the  Complete Practice Round 1  All teams should submit Practice Environment  Complete Quiz C-4 (30 points) before Round 1 decisions by 11:00 pm on  Team Meetings 11:59 pm on Monday, May 28) Tuesday, May 29.

May 6 W 30  Debrief Practice  Exam 1: Covering Chapters 1 – 4 and all  All teams should submit Practice Round 1 class activities (100 points) – 75 minutes Round 2 decisions by 11:00 pm on  Make decisions  Work on and complete Practice Round 2 Wednesday, May 30. for Practice Round 2  Exam 1

May 7 Th 31  Chapter 5:  Read and study Chapter5  Complete Quiz C - 5 Business Level  Complete Quiz C – 5 (30 points) before  Foundation will be set to zero after Strategy Lead 11:59 pm on Wednesday, May 30 completion of Practice Round 2 MGMT 4750 Strategic Management Month Session Day Date Topic Assignment Additional Number Chapters Comments Time  Debrief Practice Round 2 June 8 F 1  Team Time  Team Time – Work on Round 1. All  All teams submit Round 1 teams submit Round 1 decisions by 11:59 decisions by 11:00 pm on ,Sunday, pm on Sunday, June 3 June 3 June 9 M 4  Ch 6: Multi-  Complete Quiz C – 6 (30 points) before  Complete Quiz C – 6 Product Strategies 11:59 pm on Sunday, June 3  Competition begins: All teams  Team Meetings  Work on Round 2: All teams submit Round submit Round 1 decisions by 11:00 1 decisions by 11:59 pm on Sunday, June 3 pm on ,Sunday, June 3 June 10 T 5  Debrief Round 1  Read Chapter 7  Complete Quiz C – 7 Team Time  Complete Quiz C – 7 (30 points) before  Chapter 7: 11:59 pm on Monday, June 4 Acquisitions June 11 W 6  Debrief Round 1  Work on Round 2  All teams submit Round 2  Team Time  Read and study Chapter 8 decisions by 11:00 pm on  Chapter 8:  Complete Quiz C – 8 (30 points) before Wednesday, June 6 Competing Across 11:59 pm on Tuesday, June 7 Borders  Comp-XM Business Competency Exam will be available for 10 days beginning on June 8, Plan on spending up to 15 hours outside of class on this individual exam June 12 Th 7  Debrief Round 2  Work on Round 3  Team Time  All teams submit Round 3 decisions by 11:59 pm on Sunday, June 10 June 13 M 11  Exam 2: Chapters  Team Meetings  All teams submit Round 3 4 – 8 Complete Round 3 decisions by 11:00 pm on Sunday,  Team Time  Exam 2 (Chapters 5 – 8 and all class June 10 activities) – 75 minutes June 14 T 12  Debrief Round 3  Work on round 4  All teams submit Round 4  Team Time decisions by 11:00 pm on Tuesday, June 12 June 15 W 13  Debrief Round 4  Work on Round 5  All teams submit Round 5  Team Meeting decisions by 11:00 pm on Wednesday, June 13 June 16 Th 14  Debrief Round 5  Work on Round 6  All teams submit Round 6  Team Time for decisions by 11:00 pm on Sunday, Round 6 June 14 June 17 M 18  Debrief Round 6  Debrief Round 6  Teams should be working on Team  Discuss presentations Presentations  Work on team presentations  Comp-XM exam must be completed by 11:00 pm on Monday, June 18 June 18 T 19  Final  ETS Exam – 120 minute exam will be given in CSU Learning Center June 19 W 20  Presentations  Presentations by Andrews, Baldwin, and Chester June 20 Th 21  Presentations  Presentations by Digby, Erie, and Ferris