Module Database Search
MODULE DESCRIPTOR | |||
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Module Title | |||
Hospitality Business Strategy | |||
Reference | BSM783 | Version | 2 |
Created | May 2017 | SCQF Level | SCQF 11 |
Approved | April 2015 | SCQF Points | 15 |
Amended | July 2017 | ECTS Points | 7.5 |
Aims of Module | |||
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This module will enable students to:
Demonstrate knowledge, understanding and analytic approaches to strategic management in hospitality and tourism related organizations. Critically evaluate the competitive position of hospitality organisations. Propose and justify development strategies for selected hospitality businesses. |
Learning Outcomes for Module | |
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On completion of this module, students are expected to be able to: | |
1 | Evaluate the macro and micro environment affecting a company's operations. |
2 | Analyse the strategic capabilities and position of a variety of international hospitality companies. |
3 | Apply strategic management theories to identify current and future potential development strategies. |
4 | Evaluate a range of strategic options available to a hospitality company. |
Indicative Module Content |
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Industry structures and integration. Company values and mission statements. Business growth strategies: alliances, mergers and acquisitions, franchising and ownership models. The PESTEL macro environment and Porter's 5 forces. Ansoff's matrix and sector analysis. Market segmentation, market share and niche markets. Strategic capabilities, competitive positioning and Bowman's strategic clock. Market opportunities, strategy development and resourcing considerations. |
Module Delivery |
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The module will be taught through a combination of lectures, tutorials and student-led activities, including a variety of case studies. |
Indicative Student Workload | Full Time | Part Time |
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Contact Hours | 30 | N/A |
Non-Contact Hours | 120 | N/A |
Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
TOTAL | 150 | N/A |
Actual Placement hours for professional, statutory or regulatory body |   |   |
ASSESSMENT PLAN | |||||
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If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
Component 1 | |||||
Type: | Coursework | Weighting: | 60% | Outcomes Assessed: | 3, 4 |
Description: | Individual | ||||
Component 2 | |||||
Type: | Coursework | Weighting: | 40% | Outcomes Assessed: | 1, 2 |
Description: | Group |
MODULE PERFORMANCE DESCRIPTOR | |
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Explanatory Text | |
The Module is assessed by two components: C1 - Coursework - 60% weighting. C2 - Coursework - 40% weighting. Module Pass Mark = Grade D (40%) | |
Module Grade | Minimum Requirements to achieve Module Grade: |
A | At least 70% on weighted aggregate and at least 35% in each component |
B | At least 60% on weighted aggregate and at least 35% in each component |
C | At least 50% on weighted aggregate and at least 35% in each component |
D | At least 40% on weighted aggregate and at least 35% in each component |
E | At least 35% on weighted aggregate |
F | Less than 35% on weighted aggregate |
NS | Non-submission of work by published deadline or non-attendance for examination |
Module Requirements | |
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Prerequisites for Module | None in addition to course entry requirements or equivalent. |
Corequisites for module | None. |
Precluded Modules | None. |
INDICATIVE BIBLIOGRAPHY | |
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1 | THOMPSON, A. et al., 2018. Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases. 20th Edition. New York: McGraw Hill Education. |
2 | HITT, M., IRELAND, R. and HOSKISSON, R., 2017. Strategic Management: Concepts and Cases: Competitiveness and Globalization. 12th Edition. Boston: CENGAGE Learning. |
3 | JOHNSON, G., SCHOLES, K., and WHITTINGTON, R., 2010. Exploring corporate strategy. 8th ed. Harlow: Pearson. |
4 | OLSSEN, M. and ZHAO, J., 2008. Handbook of hospitality strategic management. Oxon: Butterworth Heinemann. |
5 | ENZ, C., 2010. Hospitality strategic management: concepts and cases. 2nd ed. Hoboken: Wiley. |
6 | ENZ, C., 2010. The Cornell School of Hotel Administration handbook of applied hospitality strategy. Thousand Oaks: Sage. |