Business Fundamentals: Corporate Strategy
Business Fundamentals: Corporate Strategy, available at $109.99, has an average rating of 4.54, with 49 lectures, 1 quizzes, based on 25263 reviews, and has 67621 subscribers.
You will learn about Perform industry analysis Execute competitor analysis Apply the Five forces model Assess the bargaining power of suppliers and clients Understand the threat of substitute products and new industry entrants Apply Game theory in practice Study how competitors behave: Cooperation or Competition Focus on the way companies acquire a competitive advantage Study the three main competitive strategies: Cost leadership, DIfferentiation, and Niche Discuss the advantages of vertical and horizontal integration Learn how to perform a SWOT analysis in practice This course is ideal for individuals who are Aspiring entrepreneurs or Business owners or Business executives or Business analysts or Students who want to learn how to set up a successful business venture It is particularly useful for Aspiring entrepreneurs or Business owners or Business executives or Business analysts or Students who want to learn how to set up a successful business venture.
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Summary
Title: Business Fundamentals: Corporate Strategy
Price: $109.99
Average Rating: 4.54
Number of Lectures: 49
Number of Quizzes: 1
Number of Published Lectures: 49
Number of Published Quizzes: 1
Number of Curriculum Items: 50
Number of Published Curriculum Objects: 50
Number of Practice Tests: 1
Number of Published Practice Tests: 1
Original Price: $129.99
Quality Status: approved
Status: Live
What You Will Learn
- Perform industry analysis
- Execute competitor analysis
- Apply the Five forces model
- Assess the bargaining power of suppliers and clients
- Understand the threat of substitute products and new industry entrants
- Apply Game theory in practice
- Study how competitors behave: Cooperation or Competition
- Focus on the way companies acquire a competitive advantage
- Study the three main competitive strategies: Cost leadership, DIfferentiation, and Niche
- Discuss the advantages of vertical and horizontal integration
- Learn how to perform a SWOT analysis in practice
Who Should Attend
- Aspiring entrepreneurs
- Business owners
- Business executives
- Business analysts
- Students who want to learn how to set up a successful business venture
Target Audiences
- Aspiring entrepreneurs
- Business owners
- Business executives
- Business analysts
- Students who want to learn how to set up a successful business venture
If you want to be a business owner or a corporate executive whose job involves business decisions, then you will certainly need to master three fundamental disciplines:
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Business Strategy
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Management and Leadership
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Marketing Strategy
There is no way around that. It is possible to be an entrepreneur and a CEO with an engineering background and without an MBA or a business degree; what is not possible is being either of those things without having a clue about:
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The industry lifecycle model and its four stages: Introduction, Growth, Maturity, and Decline
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Porter’s five forces model
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The bargaining power of buyers
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The bargaining power of clients
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The threat of new entrants
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The threat of substitute products
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Game theory
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The typical company lifecycle
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What a competitive advantage is
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How to choose the optimal competitive strategy: Cost leadership, Differentiation, or Niche
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The dangers of pursuing a hybrid strategy
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How to choose whether to grow organically or through M&A
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The difference between horizontal and vertical integration
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The advantages and dangers of outsourcing
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How to apply a SWOT analysis in practice
These are interesting and important topics and you can’t expect to build a solid business if you have not studied them in detail.
This is precisely why this is an excellent course! Each of these concepts is explained in a clear and effective way and we touch on all topics with the necessary level of detail.
The course contains plenty of real-life examples, which makes it even more fun and easy to understand. In addition, we have prepared a ton of supplemental resources for you: quiz questions with explanations, course notes, PDF files, and so on.
So, what are you waiting for?
Click the “Take this course” button and let’s begin this journey together!
Course Curriculum
Chapter 1: Introduction – What does the course cover? – Welcome onboard!
Lecture 1: What does the course cover?
Chapter 2: The fundamentals – Why companies need a Strategy and how a Strategy helps firms
Lecture 1: Why companies need a Strategy
Lecture 2: Distinguishing Corporate and Business Strategy
Lecture 3: The Mission, Goals, and Values statements
Chapter 3: The industry life cycle model – an invaluable tool for practitioners
Lecture 1: Introducing the industry life cycle model
Lecture 2: Here is why you need to know about the industry lifecycle model
Lecture 3: The introduction stage
Lecture 4: The growth stage – Sales are ramping up
Lecture 5: The maturity stage – It's time to make some money
Lecture 6: The decline stage
Chapter 4: The five forces model: you need this model before investing in an industry
Lecture 1: The five forces model – An invaluable tool for practitioners
Lecture 2: The threat of new entrants
Lecture 3: The threat of substitute goods
Lecture 4: Competitor analysis
Lecture 5: Managing the relationship with suppliers
Lecture 6: The bargaining power of clients
Lecture 7: Applying The Five Forces model in practice
Chapter 5: Game theory applied in a corporate context
Lecture 1: The essence of zero-sum games
Lecture 2: Game theory and why it is useful in Strategy
Lecture 3: Understanding the Prisoner's dilemma and its implications in the business world
Lecture 4: Gametheory shown in practice
Chapter 6: Understanding the concept of competitive advantage
Lecture 1: Internal decision making
Lecture 2: Introducing the company life cycle model
Lecture 3: What is a competitive advantage and why companies need it
Lecture 4: Acquiring a sustainable competitive advantage
Lecture 5: The fundamental role of resources and capabilities
Lecture 6: Acquiring a competitive advantage
Chapter 7: Competing with the other companies in the industry: Choosing a competitive model
Lecture 1: Focusing on Competitive strategy
Lecture 2: The cost leadership strategy – sell cheap
Lecture 3: Differentiation – be better and different
Lecture 4: Niche strategies – serve a specific sub-segment of people in the best way
Lecture 5: Hybrid strategies and why they can be dangerous
Chapter 8: The types of growth strategies used by companies
Lecture 1: The main types of growth strategies
Lecture 2: Organic growth – building a solid foundation and growing from the inside
Lecture 3: Inorganic growth – Using the potential of M&A to acquire third party companies
Lecture 4: Growing horizontally
Lecture 5: Growing vertically
Chapter 9: The SWOT framework
Lecture 1: SWOT analysis – a useful framework for strategic analysis
Lecture 2: SWOT analysis in practice – analyzing Starbucks
Chapter 10: Tesla – practical case study
Lecture 1: Tesla's mission and vision statements
Lecture 2: Industry analysis – The electric vehicles market
Lecture 3: More than an auto producer
Lecture 4: Tesla – Porter's five forces
Lecture 5: The company life cycle model
Lecture 6: Why is Tesla (today) so very similar to Apple (10 years ago) ?
Lecture 7: The relationship between Tesla and SpaceX
Lecture 8: Tesla competitive advantages
Lecture 9: Tesla SWOT analysis
Lecture 10: Completing 100%
Instructors
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365 Careers
Creating opportunities for Data Science and Finance students
Rating Distribution
- 1 stars: 50 votes
- 2 stars: 194 votes
- 3 stars: 2196 votes
- 4 stars: 9720 votes
- 5 stars: 13103 votes
Frequently Asked Questions
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