SMF2281 - Business Strategy


Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 4 hours D

Course content

Strategy in a historical context
Strategy processes - the process of strategic leadership
Mission, vision, business concept, values and goals
Strategic analysis (external and internal factors)
Reputation and relations to shareholders
Innovation and sustainable business models
Strategic evaluations and choices
Implementation and control

Learning outcome

- of the historical development in the field
- of the most important perspectives, theories and analysis in the field
- of strategy processes with leadership as an important aspect
- of the relation between innovation and strategic decisions
- of how strategies contribute to sustainable value creation.
- of the state of the art in the field of strategy

- to be able to carry out internal and external analysis and actively
participate in strategy development.
- to be able to make good, sustainable decisions through
consideration of different strategic alternatives.
- to be able to find, evaluate and use relevant litareture sources.

General competence:
- to understand strategy as a management tool
- to understand, communicate and discuss strategic terms, challenges,
choices and consequences.
- to develop an analytical and reflective approach to strategic

Learning methods and activities

Digital teaching methods, lectures, open discussion,exercises, group work and compulsory work.

The compulsory work may include obligatory attendance(es).
Details on compulsory work is given at the start of the semester.

The course is taught in Norwegian.

Compulsory assignments

  • 1 Approved exercises

Further on evaluation

Re-sit of written exam in August.

Approved compulsory work may be valid for re-sit examination according to departement guidelines.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Business Administration (BØA)
Business Administration (ØA369)
Business Administration (ØABACHELOR)
Business Administration and Management (BØKLED)
Business Administration, part-time (BØKLED-F)
Logistics (BLOG)
Marketing, Innovation and Management (359ML)

Required previous knowledge

The same as for the study program.

Course materials

Fjeldstad, Ø og R. Lunnan (2018) Strategi, 2.utgave.
Bergen: Fagbokforlaget
Erichesen, M, Solberg, F. og T. Stiklestad (2018) Ledelse i små og mellomstore virksomheter.
Bergen: Fagbokforlaget

Additionally, collected articles will be presented at the start of the semester.

Credit reductions

Course code Reduction From To
SMF2281F 7.5
SMF2211 7.5 01.09.2018
More on the course



Version: 1
Credits:  7.5 SP
Study level: Intermediate course, level II


Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: Norwegian

Location: Gjøvik

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator:

Department with academic responsibility
Department of Industrial Economics and Technology Management



Examination arrangement: Written examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Spring ORD Written examination 100/100 D INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU