Business Strategy
Many businesses have a difficult time differentiating themselves from the competition, resulting in declining profits and the risk of eventual failure. The Business Strategy course shows a better way, laying out a process of analyzing your business, its competitors and the environment, and developing a finely-honed strategy that stakes out a defensible competitive position. The course covers such matters as SWOT analysis, competitor analysis and five forces analysis, as well as more than 10 strategy options, scenario planning, dealing with disruptors, strategy implementation issues, and much more.
Format
PDF Course
Level
Overview
Duration
4 Hours
Course Information
Author: Steven Bragg
Course Number: BM1010
Table of Contents
Chapter 1. Essential Strategy Concepts
Chapter 2. Strategy Analysis
Chapter 3. Strategy Choices
Chapter 4. Strategy Implementation
Learning Objectives
- Recognize the characteristics of a well-constructed corporate vision statement.
- Describe the questions to pursue when exploring the core capabilities of a business.
- Describe the differences between strategy and operational effectiveness.
- Specify how trade-offs and bottlenecks must be incorporated into a strategic plan.
- Recognize the elements of five forces analysis.
- Recognize the various types of barriers to entry into a market.
- Identify the different types of biases that may apply to strategic planning.
- Describe the manner in which strategic bets can be hedged.
- Specify the reasons for using scenario planning.
- Specify the circumstances to which rules-based strategy can be applied.
- Cite the alternatives available for rapidly scaling up a business.
- Recognize the characteristics, advantages, and disadvantages of the different types of strategy.
- Specify the methods available for counter-attacking an industry disruptor.
- Recognize the ways in which a strategy statement can be simplified.
- Describe the different collaboration tools available for implementing a corporate strategy.
- Specify the characteristics associated with strategic priorities.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Business Management & Organization
Prerequisites: None
Advance Preparation: None
Latest Review Date: November 2025
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.