This course is designed to advance the student's understanding of strategic management. Strategic management studies the choices that top managers make and the consequences for the organization. A strategy is a sequence of contingent choices. Not all choices are the outcomes of decisions. Moreover, not all decisions are strategically motivated. Learning to distinguish between different types of choices and between strategic and non-strategic thinking is part of the goals of the course.

MGT1301H builds on the knowledge gained in Microeconomic Theory (MGT1210H) and introduces concepts in competitive strategy. It provides a framework for understanding how economic reasoning can inform and develop useful insights for practicing managers, enabling the formulation of more powerful hypotheses and the development of richer strategies. Students will also utilize frameworks for industry and competitor analysis, examine how companies have established a sustainable competitive advantage, and consider the implications of discontinuous change on strategic decisions.