Business Studies Theory by Topic - Strategy

Below is a list of business studies theory articles relating to the Strategy section of The Times 100. Choose your sub topic from the list of arrowed links below the Strategy heading to find all theoretical explanations.

Strategy revision theory

Learn about strategy from the experts

The Times 100 work with some of the world's largest and most successful companies to bring you real life strategy case studies to help you with your studies.

By working from real world strategy examples, you will get more from your business education than ever before and learn from true experts.

What is ‘strategy theory’?

This part of the curriculum looks at the various external influences that businesses must identify, monitor and respond to in order to maintain competitive edge.

  • The business cycle - considers the impacts of changes in the economic environment on a business and how a company needs to respond in each of the different phases (downturn, bust, recovery, boom) in order to remain viable.
  • External influences - Political, Economic, Social, Technological, Environmental, Legal factors (PEST/SLEPT/PESTEL analysis) - and how a business needs to anticipate and take the impacts of these into consideration
  • Competition - considering the factors that affect degrees of competition (consumer knowledge, control of prices, number of rival products, ease of access to the market), including Porter's 5 forces analysis
  • Business ethics and Corporate Responsibility - looking at how a business demonstrates its values and responds to the wider community and society and the benefits of behaving ethically
  • Globalisation - exploring the factors affecting globalisation, eg technological change, deregulation of business, changing consumer demand, emerging markets, and the effects these have on a business

Featured

Roles & responsibilities

OPITO logo This case study demonstrates how the right people with the right skills ensure that the sector can maximise the recovery of the remaining oil and gas reserves as well as remaining competitive and profitable.

Investment appraisal in action

Syngenta logo This case study looks at how in 2008 Syngenta proposed an investment in new manufacturing capacity that would allow it to increase production of Amistar. It reviews the analyses that helped the company decide whether to proceed with this investment.

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