This course contains the basic concepts and tasks, general conception of strategy, methodological basis, methods of analyzing of a business - company organizational and managerial level. The fundamental aspects of strategic management concepts and processes will be covered in this class. The aim of this course is to make a contribution to the development of managerial knowledge and skills for a better management of business organization at the strategic level. The course particularly focuses on how business organizations can gain superiority over their rivals in a competitive environment.