MAE214 - Business Strategy in the Digital Economy

Unit details

Year

2025 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MAE314
Unit Chair:
Ching-Jen Sun
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: MAE314
Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture (recordings provided) each week and 1 x 1 hour on-campus seminar (recordings provided) each week.

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour recorded lecture each week and 1 x 1 hour online seminar in weeks 4, 7 and 10.

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Content

This unit introduces the business fundamentals, economic principles, market foundations that should not be neglected by managers and investors and the methodology of developing strategies for ensuring efficient economic operations. In particular, the following four issues will be addressed:

  1. Boundaries of the firm. What should the firm do, how large should it be, and what businesses should it be in?
  2. Market and competitive analysis. What is the nature of the markets in which the firm competes and the nature of competitive interactions among firms in those markets?
  3. Positioning and dynamics. How should the firm position itself to compete, what should be the basis of its competitive advantage, and how should it adjust over time?
  4. Internal organisation. How should the firm organise its structure and systems internally? How can a contract be written in order to create appropriate incentives?

Learning Outcomes

ULO These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can:

Alignment to Deakin Graduate Learning Outcomes (GLOs)

ULO1

Evaluate the market and recognise opportunities under competition.

GLO1: Discipline-specific knowledge and capabilities
GLO5: Problem Solving

ULO2

Design strategies to achieve efficient operations under various restrictions and constraints.

GLO1: Discipline-specific knowledge and capabilities
GLO5: Problem Solving

ULO3

Explain and propose ways of structuring and organising the production of a firm.

GLO1: Discipline-specific knowledge and capabilities
GLO5: Problem Solving

ULO4

Analyse and reflect on the role of economics in the marketplace, taking into account global perspectives.

GLO6: Self-management
GLO8: Global citizenship

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual) Problem-based written assignment

1000 words

25%

Week 6
Assessment 2: (Individual) Problem-based written assignment 1500 words 35% Week 9

Assessment 3: 
Part A: (Group of 3) Report (Business)

Part B: (Individual) Written Reflection (self)

Part A: 4000 words

Part B: 300 words

Part A: 35% 

Part B: 5%

Information not yet available

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning resource

The texts and reading list for MAE214 can be found via the University Library.

Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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