Study Guide

Objective

The student understands the principles and processes of Competitive Intelligence.
The student understands the most common techniques used in Competitive Intelligence and he/she is able to apply them into real life cases.
The student is aware of tools used in Competitive Intelligence and he/she recognises the role it plays in modern companies.
The student is able to monitor markets and do basic business forecasting.

Competences: Learning to learn Competence, Economics and Financial Management Competence, Marketing and Sales Competence

Content

- Principles, processes and role of Competitive Intelligence

- Common techniques and how to apply them to real life cases

- Tools of Competitive Intelligence

- Information gathering and analysing

- Market monitoring

- Forecasting

- Weak signals

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Principles, processes and role of Competitive Intelligence:
The student knows the principles and processes of competitive intelligence and he/she is able to apply competitive intelligence techniques and tools into practice.

The student is aware of the role of competitive intelligence in business and he/she is able to do basic market monitoring and forecasting.

Level 2
Principles, processes and role of Competitive Intelligence:
The student has a rising understanding of the principles and processes of competitive intelligence and he/she is able to apply competitive intelligence techniques and tools into practice.

He/she is able to analyse and utilise competitive intelligence techniques and tools into practice. He/she is able to do market monitoring and forecasting and make conclusions based on the information gathered.

Assessment criteria, good (3)

Level 3
Principles, processes and role of Competitive Intelligence:
The student understands the principles and processes of competitive intelligence.

He/she is able to analyse and utilise appropriate competitive intelligence techniques and tools into practice. He/she is able to do market monitoring and forecasting and make justified conclusions based on the information gathered.

Level 4
Principles, processes and role of Competitive Intelligence:
The student has a wide understanding of the principles and processes of the competitive intelligence.

He/she is able to evaluate and utilise appropriate competitive intelligence techniques and tools into practice. He/she is able to justify and analyse the results of market monitoring and forecasting.

Assessment criteria, excellent (5)

Level 5
Principles, processes and role of Competitive Intelligence:
The student has a command of the principles and processes of the competitive intelligence.

He/she is able to critically evaluate and successfully utilise appropriate competitive intelligence techniques and tools into practice. He/she is able to do critically analyse the results of market monitoring and forecasting.

Assessment methods and criteria

Assessment in based on following assignments:
- Article exams, individual (30%)
- Future foresight and competitive intelligence tools and methods, group work (20%)
- Information Gathering Report, group work (50%)
- Plan for Information gathering, group work (pass-fail)
- Futures Foresight Workshop (pass-fail)