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Business Strategy (Byte Size Skills Course).

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  • 100% online learning
  • 1 units
  • 20 guided learning hours

Business Strategy (Byte Size Skills Course)

Every year thousands of new businesses are created. A few will grow to become global companies employing thousands of people, others will never make the world stage; in fact, the majority will cease trading within two or three years.

To survive, managers need a good understanding of the business environment, the opportunities and threats it offers, a realistic appreciation of the abilities and limitations of the business, knowledge of what they want to achieve, and a fairly clear idea of the direction in which the business should go. The route the business takes to achieve its objectives is often known as the corporate or business strategy. In this course, we look at some of the tools that we can use to decide on the strategy. As you will see, the tools we describe are those which link the various functions of the business and are to do with operating the business as a complete organisation rather than as a collection of functions or departments. The business strategy concerns the overall direction of the organisation. Here, we consider the operational or functional strategies that contribute to the business strategy.

After participating in this course, you should be able to:

  • explain how businesses need to align their objectives and capabilities with the needs of their customers and with the environment
  • give examples of business objectives, mission and value statements
  • understand how the business environment provides opportunities for the business but also limit its freedom of action
  • explain how the resources and behaviour of the organisation constrain the choice of strategy
  • describe a range of business strategies and explain the circumstances in which they might be appropriate for a business
  • describe how an organisation copes with an uncertain future and responds to complex environmental change.

Qualification: Business Strategy (Byte Size Skills Course)

On successful completion of your course, you will receive a Stonebridge Associated Colleges Certificate of Completion.

Your course certificate will also state the number of CPD points/hours the course is eligible for.

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.

*You will have access to the course for 24 months.

Introduction

Objectives

Section 1: Environment, Values and Resources

Introduction

1.1 Values

1.2 Resources

1.3 Environment

Summary

Section 2: Strategic Planning

Introduction

2.1 Types of business strategies

2.2 Choosing a strategy and setting targets

2.3 Implementing strategy

Summary

Course Review Activity

Course Summary

References

Recommended Reading

Tutor-marked Question Paper

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

 

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support
OUR PASS RATE
Business and HR
97.5%
(National Average 51.8%)
Business Strategy (Byte Size Skills Course)

Every year thousands of new businesses are created. A few will grow to become global companies employing thousands of people, others will never make the world stage; in fact, the majority will cease trading within two or three years.

To survive, managers need a good understanding of the business environment, the opportunities and threats it offers, a realistic appreciation of the abilities and limitations of the business, knowledge of what they want to achieve, and a fairly clear idea of the direction in which the business should go. The route the business takes to achieve its objectives is often known as the corporate or business strategy. In this course, we look at some of the tools that we can use to decide on the strategy. As you will see, the tools we describe are those which link the various functions of the business and are to do with operating the business as a complete organisation rather than as a collection of functions or departments. The business strategy concerns the overall direction of the organisation. Here, we consider the operational or functional strategies that contribute to the business strategy.

After participating in this course, you should be able to:

  • explain how businesses need to align their objectives and capabilities with the needs of their customers and with the environment
  • give examples of business objectives, mission and value statements
  • understand how the business environment provides opportunities for the business but also limit its freedom of action
  • explain how the resources and behaviour of the organisation constrain the choice of strategy
  • describe a range of business strategies and explain the circumstances in which they might be appropriate for a business
  • describe how an organisation copes with an uncertain future and responds to complex environmental change.
Business and HR
OUR PASS RATE
(National Average 51.8%)
97.5%

On completion of your course, you will receive a certificate:

Stonebridge Associated Colleges: Business Strategy (Byte Size Skills Course) Certificate

Business Strategy (Byte Size Skills Course) Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Professional Membership

On completion of this course you will be eligible to join the following Professional Associations(s):

Stonebridge

On successful completion of your course your qualification is awarded. You will receive an attractively presented Diploma or Certificate issued by Stonebridge Associated Colleges, this will also allow you to use the letters SAC. Dip. or SAC. Cert. after your name.

Stonebridge Associated Colleges is one of the leading (and biggest) distance education colleges in the U.K and internationally. We have many thousands of students studying with us at any one time from locations all over the world. Our diplomas will always count towards your future, and will improve your prospects of future employment or higher level study etc. by proving that you have studied to a certain level, that you have proficiency in your chosen subjects and that you are interested in your field of choice. Education is always an investment in your future and you will find this to be the case with our qualifications in your jurisdiction.

Introduction

Objectives

Section 1: Environment, Values and Resources

Introduction

1.1 Values

1.2 Resources

1.3 Environment

Summary

Section 2: Strategic Planning

Introduction

2.1 Types of business strategies

2.2 Choosing a strategy and setting targets

2.3 Implementing strategy

Summary

Course Review Activity

Course Summary

References

Recommended Reading

Tutor-marked Question Paper

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

 

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support
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