Strategic management is a challenging and exciting capstone course that will allow students to function as the owner or chief executive officer of different organizations. Their major task in this course will be to make strategic decisions and to justify those decisions through oral and written communication. Strategic decisions determine the future direction and competitive position of an enterprise for a long time. Decisions to expand geographically or to diversify are examples of strategic decisions.
In this course, students can look forward to making strategic decisions both as an individual and as a member of a team. No matter how hard employees work, an organization is in real trouble if strategic decisions are not made effectively. Doing the right things(effectiveness) is more important than doing things right(efficiency).