When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 4 modules in this course
In this course you will learn how corporations create, capture, and maintain value, going beyond the management of a single line of business. It is thus a complement to (and should typically follow) a course on Business Strategy, which focuses on developing and sustaining competitive advantage for a single business unit. Here, you will be able to better understand and learn the tools to analyze and manage decisions from a corporate-level perspective, which emphasizes the management of multiple businesses and multiple stakeholders. Examples of such decisions include vertical integration, diversification, mergers and acquisitions, strategic alliances, international expansion, global strategy, corporate governance and corporate social responsibility.
You will:
• Understand how corporations create and capture value as multi-business enterprises.
• Learn tools and frameworks to assess choices regarding corporate scope, corporate transactions and global strategy.
• Learn to analyze complex business situations and develop coherent corporate strategies.
• Understand the role of corporate governance and stakeholder management in modern companies.
This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
In this module, you will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course. We will then focus on corporate strategy with particular emphasis on the scope of the firm. Both vertical integration (vertical scope) and diversification (horizontal scope) are addressed. The module seeks to explain the relative advantages of (and alternatives to) vertical integration and diversification; and when and how they can be used to create a competitive advantage.
Like this course? Learn more with the iMBA! (optional)•1 minute
9 readings•Total 90 minutes
Syllabus•10 minutes
Glossary•10 minutes
Coursera Coach•10 minutes
About the Discussion Forums•10 minutes
Online Education at Gies College of Business•10 minutes
Updating Your Profile•10 minutes
Social Media•10 minutes
Module 1 Overview•10 minutes
Module 1 Readings•10 minutes
2 assignments•Total 40 minutes
Orientation Quiz•30 minutes
Corporate Scope: Quiz•10 minutes
1 discussion prompt•Total 10 minutes
Getting to Know Your Classmates•10 minutes
1 plugin•Total 15 minutes
Welcome! Please Tell Us About Yourself•15 minutes
Module 2: Corporate Transactions
4 hours to complete
Module details
This module focuses on corporate strategy with particular emphasis on transactions used by companies to change or manage the scope of the firm. Mergers and acquisitions, divestitures, and strategic alliances are the specific transactions focused on. Challenges and best practices with respect to each are discussed.
This module focuses on global strategy and strategies for competing around the world. It explains how companies can expand into other countries using different entry modes, and why multinational enterprises adopt different global strategies.
What's included
5 videos2 readings1 assignment
Show info about module content
5 videos•Total 51 minutes
Globalization•9 minutes
Foreign Market Entry Part 1•13 minutes
Foreign Market Entry Part 2•7 minutes
National Origins of Competitive Advantage•6 minutes
MNE Strategies•17 minutes
2 readings•Total 20 minutes
Module 3 Overview•10 minutes
Module 3 Readings•10 minutes
1 assignment•Total 30 minutes
Global Strategy: Quiz•30 minutes
Module 4: Stakeholders and Governance
2 hours to complete
Module details
This module focuses on the characteristics of public firms, management of different stakeholders, and corporate social responsibility. It also describes various mechanisms of corporate governance used to mitigate agency problems and align managerial action with stakeholder (particularly shareholder) goals.
What's included
4 videos4 readings1 assignment
Show info about module content
4 videos•Total 47 minutes
Public Firms and Their Role in Society•14 minutes
Corporate Social Responsibility•13 minutes
Mechanisms of Corporate Governance•14 minutes
Recent Developments•7 minutes
4 readings•Total 40 minutes
Module 4 Overview•10 minutes
Module 4 Readings•10 minutes
Congratulations on completing the course!•10 minutes
Get Your Course Certificate•10 minutes
1 assignment•Total 10 minutes
Stakeholders and Governance: Quiz•10 minutes
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Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
View eligible degrees
Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
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Learner reviews
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Showing 3 of 1186
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GS
5·
Reviewed on Aug 31, 2020
I enjoyed watching videos made by the prof somaya and from this course I understood different strategies that firms can take to stay at the top in their businesses.
M
MM
4·
Reviewed on Dec 29, 2020
Good course but I find quizes very different from what we get from the class. Very interesing way to show the subject and I liked real examples.
S
SG
5·
Reviewed on Jul 29, 2019
Thanks for offering a useful course with lots of supporting videos, presentations, pdf files, and materials to test my comprehension level. Would definitely recommend.
When will I have access to the lectures and assignments?
Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). If you choose to explore the course without purchasing, you may not be able to access certain assignments.
What is the refund policy?
You will be eligible for a full refund until 2 weeks after your payment date. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the 2-week refund period. View our full refund policy.
Is financial aid available?
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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.