Competitive Strategy
In this six-module course, you will learn how businesses and organizations behave in situations in which strategic decisions are interdependent, i.e. where my actions affect my competitors’ profits and vice versa. Using the basic tools of game theory, we will analyse how businesses choose strategies to attain competitive advantage.This course is also available in Chinese. Please go to our course catalog to access the Chinese version of Competitive Strategy.
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Syllabus
Syllabus - What you will learn from this course
Week 1
Take Care of Your Competitors
Week 2
Why Firms Work Together
Week 3
Complementary Products and Strategic Partnerships
Week 4
Entering a New Market
Week 5
Why Worry About Research and Development
Week 6
Designing Products Wisely
FAQ
When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
Reviews
A great course, and the interactive way of instructor made it more interesting. Instructor was really good at explaining things. Plus the quizzes were really helpful to memorize everything.
The course is amazing and very helpful for everyone who works on Business Development and Business Strategy. Definitely need the second course - Advanced Competitive Strategy.
I would like to thank professor Tobias Kretschmer and his team at LMU for teaching me this course. Thank you for giving me a chance to learn those wonderful things free online.
Excellent, content.
I see this as a valuable input to change our mindset and tailor it to a more strategic approach. Technics like Backwards induction really help to achieve this.
Thanks :)
