Department:Information Systems >
Course:Strategy and Economics
Strategy and Economics
3.0 Credit, 3 Lecture, 0 Lab
Concepts and tools of strategic management, with an emphasis on the economic tools influencing the success of strategy in the development of sustainable competitive advantage.
Elements of Strategy
Understand the major elements of strategy and the drivers of competitive advantage.
Apply analytical models to complex business situations and generate strategic recommendations.
Analyzing Business Environments
Critically analyze the external and internal environments of a business organization and formulate appropriate strategies.
Problem Solving Skills
Use problem-solving skills to develop hypotheses about the effect of strategic decisions that lead to sensible conclusions.
Make appropriate decisions when formulating and implementing strategy.
Use team skills to actively participate in group projects and assume and exercise responsibility in a collaborative mode.
Communicate effectively, both orally and in writing, concerning strategy concepts, models, and analyses.