Skip to product information
1 of 4

Understanding Business Success: Profits, Risks, and Growth

Understanding Business Success: Profits, Risks, and Growth

Regular price $249.00 USD
Regular price Sale price $249.00 USD
Sale Sold out
  • 2x per week
  • Live video meetings
  • Completed by 539 learners
View full details
Understanding Business Success: Profits, Risks, and Growth

Course Description

This course introduces key business concepts and market strategies, including profit management, business planning, customer insights, competitive analysis, and product-market fit. Through real-life case studies and interactive lessons, students will learn how to create effective business plans, analyze competition, understand business lifecycles, and explore innovative business models that shape markets.

    Collapsible content

    Curriculum Outline 

    Lesson 1: Profit Management

    Learn the basics of profit, different types of profit, and strategies for maximizing profitability.

    Lesson 2: YouTube Project and Learning

    Analyze a YouTube case study, understanding its outcomes and lessons.

    Lesson 3: Business Planning Essentials

    Gain skills to create a business plan, set goals, and perform a SWOT analysis.

    Lesson 4: Competitive Analysis

    Learn methods to analyze competitors and create effective response strategies.

    Lesson 5: Customer Insights

    Explore the importance of understanding customer needs and behaviors.

    Lesson 6: Understanding Business Risks

    Identify various business risks and strategies to handle them.

    Lesson 7: Competitive Dynamics

    Study real-world rivalries like Coke vs. Pepsi to understand competition.

    Lesson 8: Stages of a Business Lifecycle

    Learn about the startup phase, challenges, and key growth activities.

    Lesson 9: Growth Stage of a Business

    Discover the growth stage, expansion challenges, and critical actions for success.

    Lesson 10: Maturity and Decline in Business

    Understand the maturity stage and strategies to manage or revive sales.

    Lesson 11: Product-Market Fit

    Discover how companies achieve product-market fit through real examples.

    Lesson 12: Disruptive Business Models

    Understand disruptive models that reshape industries and markets.

    Lesson 13: Navigating Challenges in Disruption

    Examine the risks in disruptive business with case studies on SpaceX and DJI.

    Lesson 14: Cost, Price, and Value Relationships

    Study the relationship between cost, pricing, and value in business.

    Lesson 15: Impact of Disruption by Technology

    Explore how technology affects markets and pricing, and finding product-market fit.

    Tangible Outcome

    Upon completing this course, students will be able to build a comprehensive business plan, conduct competitive analysis, understand customer behavior, and recognize the stages of business growth. They’ll gain skills in profit management, product-market fit, and navigating disruptive business models.

    Skills Honed 

    • Business Planning and Strategy: Develop skills for creating business plans and performing SWOT analyses. 
    • Competitive Analysis: Learn techniques to assess competitors and respond strategically. 
    • Customer and Market Insights: Understand customer behavior and needs to drive a customer-focused approach. 
    • Understanding Business Lifecycles: Recognize different stages in a business lifecycle, from startup to maturity. 
    • Navigating Disruption: Gain skills in identifying and managing disruptive business models and technological impacts.
    Harvard Business Publishing Education Logo

    BrightCHAMPS has formed a strategic collaboration with Harvard Business Publishing Education to integrate their esteemed content into our curriculum. Kids will get access to interactive Harvard ManageMentor® online courses on the website.