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Unit of study_
ECON5026: Strategic Business Relationships
2024 unit information
A firm's success depends on both its internal and external strategic relationships. This unit of study analyses how a firm can manage these relationships. We examine agency problems within the firm, outlining ways that firms try to mitigate these issues. Strategic relationships with input suppliers examined. We discuss how firms can establish a strong bargaining position in these relationships. The optimal boundaries of the firm are also analysed. We also study how a firm's product-market strategy affects its relationship with its rivals in the output market.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECON5026 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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ECON5001 or ECON5040 |
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate an ability to identify a range of strategic relationships within a firm, and, between a firm and external agents
- LO2. describe the mechanisms and approaches that have been developed and are used to meet the challenges associated with complex strategic relationships in the real world
- LO3. analyse problems using information and communicate the solutions to problems faced by organisations such as firms in dealing with economic agents within and outside the organisation
- LO4. work independently to solve problems and communicate in an effective manner how to solve such problems.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 2 2024
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Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
