About this Course
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Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 17 hours to complete

Suggested: 10 hours of videos and quizzes...

English

Subtitles: English, Spanish, Ukrainian, Chinese (Simplified)

Skills you will gain

Strategic ManagementGame TheoryCompetition (Economics)Strategic Thinking

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 17 hours to complete

Suggested: 10 hours of videos and quizzes...

English

Subtitles: English, Spanish, Ukrainian, Chinese (Simplified)

Syllabus - What you will learn from this course

Week
1
2 hours to complete

Take Care of Your Competitors

9 videos (Total 68 min), 3 readings, 3 quizzes
9 videos
Game Setting6m
Eliminating Dominated Strategies11m
Nash Equilibrium11m
Prisoners ’ Dilemma3m
Game Setting10m
Backward Induction8m
Credible Threats 10m
Wrap Up2m
3 readings
How to Use Discussion Forums10m
Get to Know Your Classmates10m
Complete slides for week110m
3 practice exercises
Simultaneous Games10m
Sequential Games10m
Take Care of Your Competitors20m
Week
2
2 hours to complete

Why Firms Work Together

9 videos (Total 61 min), 1 reading, 5 quizzes
9 videos
Reasons for Cooperation3m
Finite Repetition 9m
Backward Induction9m
Infinite Repetition10m
Factors Influencing Cooperation8m
Aggressive Commitment10m
Cooperative Commitment4m
Wrap Up2m
1 reading
Complete Slides Week 210m
5 practice exercises
Reasons for Cooperation6m
Finite Repetition8m
Infinite Repetition8m
Commitment8m
Why Firms Work Together20m
Week
3
2 hours to complete

Complementary Products and Strategic Partnerships

7 videos (Total 43 min), 1 reading, 4 quizzes
7 videos
Complements: Examples and Definitions7m
Generic Strategies 8m
Positive Externalities 9m
Examples 4m
Strategic Partnerships 7m
Wrap Up3m
1 reading
Complete Slides Week 310m
4 practice exercises
Complements8m
Strategies for Complements8m
Complements and Cooperation8m
Complementary Products and Strategic Partnerships20m
Week
4
2 hours to complete

Entering a New Market

10 videos (Total 81 min), 1 reading, 4 quizzes
10 videos
Market Attractiveness 6m
Structural Entry Barriers12m
Strategic Entry Barriers6m
Commitment / Value Chain Reconfiguration10m
Judo Economics / Niche Market 10m
Structural Entry Barriers / Commitment12m
Limit Pricing / Predatory Pricing 8m
Pre-Emption 5m
Wrap Up3m
1 reading
Complete Slides Week 410m
4 practice exercises
Market Choice and Entry Barriers10m
Entry Strategies8m
Entry Deterrence10m
Entering a New Market20m
4.7
414 ReviewsChevron Right

43%

started a new career after completing these courses

31%

got a tangible career benefit from this course

Top reviews from Competitive Strategy

By VVSep 23rd 2016

It's a course that will develop your capacity of watch the company's decisions for a theoretical way, and be able to understand their choices.\n\nThese decisions will be needed for a sustainable firm.

By AAJan 11th 2016

I have no previous business experience and I really enjoyed this class. It gave me insight into game theory and marketing and product development concepts. Good pace and good explanation of topics.

Instructor

Avatar

Tobias Kretschmer

Professor
Institute for Strategy, Technology and Organization

About Ludwig-Maximilians-Universität München (LMU)

As one of Europe's leading research universities, LMU Munich is committed to the highest international standards of excellence in research and teaching. Building on its 500-year-tradition of scholarship, LMU covers a broad spectrum of disciplines, ranging from the humanities and cultural studies through law, economics and social studies to medicine and the sciences....

About the Competitive Strategy and Organization Design Specialization

Paired with humorous elements and illustrating examples, the Competitive Strategy and Organization Design specialization is the ideal choice for curious individuals who enjoy unique learning experiences and innovative teaching approaches. Its style is likely to appeal especially to young, middle-aged and young-at-heart learners. The specialization is indended for learners interested in engaging in fundamental theories and concepts of strategy and organization and applying these to practice. Employed professionals and management students will benefit from deepening and refreshing their existing knowledge by means of our specialization. Learners with non-business backgrounds will gain valuable additional business insights complementing their existing knowledge. Participants will learn to understand and analyze ● behavior of organizations in situations in which strategic decisions are interdependent ● strategies to build up and maintain a customer base ● internal workings of an organization as well as its interaction with the outside world, i.e. partners, complementors and competitors ● the design of an effective organization that can compete, grow and adjust flexibly to different environments This specialization is the only online learning program in which students can learn and laugh at the same time. That said, we are looking forward to learning and laughing with you!...
Competitive Strategy and Organization Design

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • 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.

More questions? Visit the Learner Help Center.