Business Strategy (CPE Course)

CPE Credit: 4 hours

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $45

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Course Description
Many businesses have a difficult time differentiating themselves from the competition, resulting in declining profits and the risk of eventual failure. The Business Strategy course shows a better way, laying out a process of analyzing your business, its competitors and the environment, and developing a finely-honed strategy that stakes out a defensible competitive position. The course covers such matters as SWOT analysis, competitor analysis and five forces analysis, as well as more than 10 strategy options, scenario planning, dealing with disruptors, strategy implementation issues, and much more. The course is a great tool for refining your planning processes.

Author: Steven Bragg

Course Number: BM1010

Table of Contents

Chapter 1. Essential Strategy Concepts
Chapter 2. Strategy Analysis
Chapter 3. Strategy Choices
Chapter 4. Strategy Implementation

Learning Objectives

  • Recognize the characteristics of a well-constructed corporate vision statement.

  • Describe the questions to pursue when exploring the core capabilities of a business.

  • Describe the differences between strategy and operational effectiveness.

  • Specify how trade-offs and bottlenecks must be incorporated into a strategic plan.

  • Recognize the elements of five forces analysis.

  • Recognize the various types of barriers to entry into a market.

  • Identify the different types of biases that may apply to strategic planning.

  • Describe the manner in which strategic bets can be hedged.

  • Specify the reasons for using scenario planning.

  • Specify the circumstances to which rules-based strategy can be applied.

  • Cite the alternatives available for rapidly scaling up a business.

  • Recognize the characteristics, advantages, and disadvantages of the different types of strategy.

  • Specify the methods available for counter-attacking an industry disruptor.

  • Recognize the ways in which a strategy statement can be simplified.

  • Describe the different collaboration tools available for implementing a corporate strategy.

  • Specify the characteristics associated with strategic priorities.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Business Management & Organization

Prerequisites: None

Advance Preparation: None

Latest Review Date: November 2023

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

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AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.