Teaching department:UCL School of Management Credit value:15 Restrictions:This module is only available to UCL MBA students. You must have first completed the Business Strategy module.
Description
This module provides you with a detailed understanding of digital markets and the extent to which traditional strategy frameworks still apply. The module will help you appreciate how competing in digital markets differs from competing in traditional markets, and the strategic adjustments needed to be successful. How does the dominance of large technology platforms such as Amazon and Google affect competitive dynamics? How can firms best position themselves in the markets facilitated by these platforms? What strategies will be effective in taking on digital market leaders? Drawing from various intellectual domains, this module seeks to answer these questions.
Intended learning outcomes
By the end of this module, you should be able to:
understand the basic economic underpinnings endemic to digital markets and the core differences with traditional, non-digital, markets
understand the implications of digital markets’ unique characteristics and apply frameworks to understand how firms are positioned to compete in these markets
demonstrate knowledge of the economic and strategic logic behind some of the most widely used business models in digital markets
be knowledgeable of both the advantages and disadvantages of competing within markets that are created and governed by market leading technology platforms
analyse digital business models and derive from such analysis implications for strategic (re-)positioning that guide managers and leaders in successfully competing
discuss and debate module topics with leaders from other cultures and industries.
Module deliveries for 2020/21 academic year
Teaching and assessment
Methods of assessment:
Class interaction (30%)
Classwork: Group presentation (35%)
Classwork: Individual paper (35%)
Mark scheme:Letter grades
Other information
Module leader:Joost Rietveld
Who to contact for more information:admissions@onlinelearning.ucl.ac.uk
Download a prospectus
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