STRAT 560

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Strategy and Economics

Management Marriott School of Business

Course Description

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.

When Taught

Fall and Winter

Min

3

Fixed/Max

3

Fixed

3

Fixed

0

Other Prerequisites

MAcc or MISM major status.

Title

Effective Communication

Learning Outcome

Communicate effectively, both orally and in writing, concerning strategy concepts, models, and analyses.

Title

Decision Making

Learning Outcome

Make appropriate decisions when formulating and implementing strategy.

Title

Strategic Recommendations

Learning Outcome

Apply analytical models to complex business situations and generate strategic recommendations.

Title

Analyzing Business Environments

Learning Outcome

Critically analyze the external and internal environments of a business organization and formulate appropriate strategies.

Title

Elements of Strategy

Learning Outcome

Understand the major elements of strategy and the drivers of competitive advantage.

Title

Problem Solving Skills

Learning Outcome

Use problem-solving skills to develop hypotheses about the effect of strategic decisions that lead to sensible conclusions.

Title

Team Skills

Learning Outcome

Use team skills to actively participate in group projects and assume and exercise responsibility in a collaborative mode.