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Economic Foundations of Strategic Management

Economic Foundations of Strategic Management PDF Author: Mehmet Barca
Publisher: Routledge
ISBN: 1351941925
Category : Business & Economics
Languages : en
Pages : 400

Book Description
This book explores the extent to which economic theory is able to provide the theoretical foundations of strategic management. To this end it draws on the philosophy of science; microeconomic theory; and different approaches to strategic management. The work shows that many of the propositions of strategic management are deducible from the economic theories considered. It argues that these propositions should be made open to empirical testing and that a unified theory of strategic management should be developed. Thus the book addresses a current major concern of theorists - that strategy remains ’atheoretical’ and that this reduces the predictive power of the subject and hampers further theory development. The essential contribution made is that economic theory should be systematically explored in order to establish the foundations of business strategy.

Economic Foundations of Strategic Management

Economic Foundations of Strategic Management PDF Author: Mehmet Barca
Publisher: Routledge
ISBN: 1351941925
Category : Business & Economics
Languages : en
Pages : 400

Book Description
This book explores the extent to which economic theory is able to provide the theoretical foundations of strategic management. To this end it draws on the philosophy of science; microeconomic theory; and different approaches to strategic management. The work shows that many of the propositions of strategic management are deducible from the economic theories considered. It argues that these propositions should be made open to empirical testing and that a unified theory of strategic management should be developed. Thus the book addresses a current major concern of theorists - that strategy remains ’atheoretical’ and that this reduces the predictive power of the subject and hampers further theory development. The essential contribution made is that economic theory should be systematically explored in order to establish the foundations of business strategy.

Economic Foundations of Strategy

Economic Foundations of Strategy PDF Author: Joseph T. Mahoney
Publisher: SAGE
ISBN: 1412905435
Category : Business & Economics
Languages : en
Pages : 273

Book Description
The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how organisations operate efficiently, cost minimization, wealth creation, individual self-interest, and continued growth.

Theory of the Firm for Strategic Management

Theory of the Firm for Strategic Management PDF Author: Manuel Becerra
Publisher: Cambridge University Press
ISBN: 0521863341
Category : Business & Economics
Languages : en
Pages : 310

Book Description
Develops a value-based theory of the firm specifically aimed at strategic decision-making.

Sustainable Strategic Management

Sustainable Strategic Management PDF Author: W. Edward Stead
Publisher: M.E. Sharpe
ISBN: 9780765611314
Category : Business & Economics
Languages : en
Pages : 266

Book Description
This work fills the need for a strategic management text that gives full attention to sustainability and environmental protection. It includes chapter-by-chapter case studies of two organizations that exemplify many of the principles of environmentally sound management practices.

Economics of Strategy

Economics of Strategy PDF Author: David Dranove
Publisher: John Wiley & Sons
ISBN: 1119042313
Category : Business & Economics
Languages : en
Pages : 544

Book Description
This text is an unbound, three hole punched version. Access to WileyPLUS sold separately. Economics of Strategy, Binder Ready Version focuses on the key economic concepts students must master in order to develop a sound business strategy. Ideal for undergraduate managerial economics and business strategy courses, Economics of Strategy offers a careful yet accessible translation of advanced economic concepts to practical problems facing business managers. Armed with general principles, today's students--tomorrows future managers--will be prepared to adjust their firms business strategies to the demands of the ever-changing environment.

Cultural Influences on the Process of Strategic Management

Cultural Influences on the Process of Strategic Management PDF Author: Andreas Michael Schühly
Publisher: Springer Nature
ISBN: 3030866602
Category : Business & Economics
Languages : en
Pages : 391

Book Description
This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community. Through this book, the author presents a newly developed framework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called “scenario planning.” The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions.

The Strategic Management of Intellectual Capital

The Strategic Management of Intellectual Capital PDF Author: David A. Klein
Publisher: Routledge
ISBN: 1136355936
Category : Business & Economics
Languages : en
Pages : 247

Book Description
The fourth in the readers' series Resources for the Knowledge-Based Economy, The Strategic Management of Intellectual Capital analyzes the link between the strategic and operational roles of intellectual capital in the organization. The Strategic Management of Intellectual Capital is the perfect resource for the growing number of companies pursuing a strategic approach to managing their intellectual capital and harnessing and leveraging their knowledge, experience, and expertise more systematically to attain a competitive advantage.

The Economics of Business Strategy

The Economics of Business Strategy PDF Author: John Lipczynski
Publisher: Pearson Education
ISBN: 9780273676256
Category : Business & Economics
Languages : en
Pages : 352

Book Description
This new textbook examines how industry environment and business strategies determine company performance. It provides an introduction to the economics of business strategy, introducing key concepts drawn from microeconomics, industrial organisation, business economics, business environment, organisation studies and strategic management. The book is written for the growing number of courses at MBA, undergraduate, and foundation level where readers require not only an integrated theoretical framework in economics and management, but also the practical skills and knowledge to examine how and why firms behave in certain ways in the real world.

Resources, Firms, and Strategies

Resources, Firms, and Strategies PDF Author: Nicolai J. Foss
Publisher:
ISBN: 0198781806
Category : Business planning
Languages : en
Pages : 397

Book Description
Strategic management has been increasingly characterized by an emphasis on core competences. Firms are advised to divest unrelated businesses and return to core business. Moreover, competitive advantage is now increasingly seen as a matter of efficiently deploying scarce knowledge resources toproduct markets. Much of this change in emphasis has occurred because of the emergence of a unified and rigorous approach to strategy, often called the resource-based approach. This Reader brings together extracts from the seminal articles that created this dominant perspective in strategicmanagement. It includes the pioneering work of Selznick, Penrose, and Chandler and more recent writing by Wernerfelt, Barney, Teece, and Prahalad and Hamel.

Financial and Strategic Management for Nonprofit Organizations, Fourth Edition

Financial and Strategic Management for Nonprofit Organizations, Fourth Edition PDF Author: Herrington J. Bryce
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 1501505718
Category : Business & Economics
Languages : en
Pages : 790

Book Description
The highly acclaimed Financial and Strategic Management for Nonprofit Organizations provides an encyclopedic account of all the key financial, legal, and managerial issues facing nonprofit executives. This is today's definitive single-source text and reference for managing any nonprofit organization. Designed for both professional and graduate student readers, this work thoroughly addresses all key aspects of building managerial skill and promoting imagination and innovation in organizations across the nonprofit spectrum. Herrington J. Bryce presents every technique and concept in the context of today's public policies, leading practices, laws, norms, and expectations. Herrington J. Bryce was a senior economist at the Urban Institute, a Brookings Economic Policy Fellow, a Fellow at the Institute of Politics at Harvard and a visiting professor in regional economics and planning at the Massachusetts Institute of Technology. He taught micro economic theory and public finance at Clark University in Worcester, Massachusetts, and was director of the program in legal and budget studies at the University College at the University of Maryland. He currently teaches courses at the College of William & Mary in nonprofits but mostly in corporate financial strategy and cost management—heavily reflected in this text. He has published extensively and has served on many state, local and federal government advisory committees. He has a PhD in economics from the Maxwell School at Syracuse University, and a CLU and ChFC from the American College.