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Business and Entrepreneurship

Business Strategy

Build practical understanding of competitive position, capabilities, tradeoffs, industry structure, and execution, then use it for making coherent choices about where and how an organization competes.

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Level
Beginner to professional foundations
Interest area
Work and study buddies
Learning outcomes
4 focused outcomes

Topic overview

Learn the foundations of Business Strategy.

Business Strategy connects competitive position, capabilities, tradeoffs, industry structure, and execution with practical decisions and tasks. Guided examples, comparison, practice, and feedback help members apply these ideas to making coherent choices about where and how an organization competes. The goal is to make each step easier to explain, check, and improve.

Learning outcomes for Business Strategy

  1. 1

    Explain the main ideas and vocabulary involved in competitive position, capabilities, tradeoffs, industry structure, and execution

  2. 2

    Follow a repeatable process for making coherent choices about where and how an organization competes

  3. 3

    Compare examples, identify common mistakes, and improve an approach

  4. 4

    Complete an independent business strategy task and reflect on the result

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Talk through Business Strategy with a pal.

Ask for an explanation, a worked example, or practice adapted to your level.

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Suggested route

How to learn Business Strategy step by step.

01

Build the foundation

Explain the main ideas and vocabulary involved in competitive position, capabilities, tradeoffs, industry structure, and execution

02

Practise with feedback

Follow a repeatable process for making coherent choices about where and how an organization competes

03

Practise with feedback

Compare examples, identify common mistakes, and improve an approach

04

Apply and reflect

Complete an independent business strategy task and reflect on the result

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