At the start of the semester MGMT 483 was one of the courses, whichwe undertook as part of business policy and strategy class experience. The course focused on the examination of the foundations and challenges facing businesses in this current technological world. The methods used in the course to for examining the challenges and foundations of businesses were academic and cultural diverse workforces. There is a wide variety of factors, which faces businesses. All this factors are all listed out, and the techniques on how to evaluate and examine them are listed, as well.
MGMT 483 enables an individual apply all the knowledge he/she acquired during the past years of study. It achieves this by discussing as well as proposing solutions to business situations based on the analysis of business related case study, which is provided by the instructor. A student is exposed on different situations, which faces businesses. The methods on how various factors can be approached and solved are also discussed.
It provides the student with opportunities to devise policy solutions. The course draws on all of the functional areas of BBA curriculum. It provides the basic experience in which a student to develop, present and defend his/her policy in the future. The course teaches someone how to do analysis and carry out diagnosis of business problems. It also shows how policy solution can be applied to formulate strategies, plans, tactics and policies for the improvement of business performance.
Through enough practices in responsible and rational decision making process the course develops a student to have a well-defined approach. Whereby they can use it in the future to solve economic, technical and human problems of management.
Upon competition of the course, I will be able to think and act critically. I will be in a position to understand and apply the techniques of strategic planning process. Due to the competences, I will have gained, I will be in a position to employ critical thinking and planning skills in real case scenarios. In this course am introduced to various analytical framework that help me to identify various sources of successful leadership.
Some of the suggestion, which must be employed to make the course more effective are as, follows:Increasestudent’s competence, by exposing them more in real life scenarios and hypothetical case studies. Students should be engaged more in class activitiesmaking it a student participation class. Students should sharpen their calculation, accounting and financial skills necessary especially when it comes to analyzing financial statements.
