SEU MGT510: Strategy PlanningCredit Hours:3 Contact Hours:This is a 3-credit course, offered in a 14-week format. The number of hours per week that you can expect to spend on each course will vary based upon the weekly coursework, as well as your study style and preferences. You should plan to spend 8-12 hours per week in each course reading materials, participating in discussion questions, completing critical thinking assignments, quizzes, and conducting research.Faculty InformationFaculty contact information will be provided via an announcement posted in the course.Course Description and OutcomesCourse Description:In this course, students examine and apply the concepts and theories of strategic planning in present-day organizations. They will understand how strategy is developed and the effects of integration through the various disciplines of an organization.Course Learning Outcomes:1.Describe how strategy contributes to success and provides a link between the firm and its environment.2.Apply knowledge of financial analysis to strategic analysis toward measuring value and performance.3.Examine how industry structure influences competition and identify and analyze internal and external organizational factors to inform strategy planning.4.Appraise a firm’s resources and capabilities and formulate strategies that can best exploit a firm’s resources and capabilities for establishing competitive advantage.5.Differentiate organizational structures and systems and explain how they influence the strategic process.6.Evaluate the factors that drive industry evolution and apply change management strategies appropriate to the different stages of the industry life cycle.7.Appraise the organizational conditions conducive to innovation and creativity and discuss the relationship between innovation and competitive advantage.8.Identify corporate strategy and evaluate vertical integration decisions and multinational strategic management.9.Analyze global strategies and the competitive advantages that arise from operating across national borders.10.Identify and apply concepts of diversification.11.Evaluate the current state of the business environment and strategic managemen