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Author : Manuel Becerra
Release : 2009-02-05
Genre : Business & Economics
Kind : eBook
Book Rating : 341/5 ( reviews)
Book Synopsis Theory of the Firm for Strategic Management by : Manuel Becerra
Download or read book Theory of the Firm for Strategic Management written by Manuel Becerra. This book was released on 2009-02-05. Available in PDF, EPUB and Kindle. Book excerpt: Develops a value-based theory of the firm specifically aimed at strategic decision-making.
Author : Manuel Becerra
Release : 2009
Genre : Business enterprises
Kind : eBook
Book Rating : 957/5 ( reviews)
Book Synopsis Theory of the Firm for Strategic Management by : Manuel Becerra
Download or read book Theory of the Firm for Strategic Management written by Manuel Becerra. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: Strategic decisions deal with the long-term direction of the firm and its main activities, usually the responsibility of the top managers in an organization. Because the firm is the critical unit of analysis in strategy, we need to define what firms are, how they create value, and what their organizational boundaries are in order to understand their overall performance. However, this must be done in a manner that is most useful for strategic analysis and decision making. In other words, we need a theory of the firm for business strategy. Theory of the Firm for Strategic Management integrates and expands key existing theories, like transaction costs economics and the resource-based view, to develop a value-based theory of the firm. This provides a framework to show how firms can create value for customers and, at the same time, capture economic profits for their owners through business, corporate, international, and social strategies.
Author : Michael Pirson
Release : 2021-12-28
Genre : Business & Economics
Kind : eBook
Book Rating : 893/5 ( reviews)
Book Synopsis Alternative Theories of the Firm by : Michael Pirson
Download or read book Alternative Theories of the Firm written by Michael Pirson. This book was released on 2021-12-28. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of the Firm is commonly viewed as axiomatic by business school academicians. Considerations in spanning organizational structures, their boundaries and roles, as well as business strategies all relate to the Theory of the Firm. The dominant Theory of the Firm poses that markets act perfectly to maximize the well- being of society when people act to maximize the personal utility of their individual purchases and firms act to maximize financial returns to their owners. However, burgeoning evidence and discourse across the scientific and policy communities suggests that the economic, social, and environmental consequences of accepting and applying this theory in the organization of business and society threaten the survival of the human species, among countless others. This book provides the latest thinking on alternatives to the Theory of the Firm as cornerstone of managerial decision-making. Authors explore and elucidate theories that help us understand a firm differently and suggest alternatives to the Theory of the Firm. This book will be of value to researchers, academics, practitioners, and students interested in leadership, strategic management, and the intersection of corporate interests and the well-being of the society.
Author : Cynthia A. Montgomery
Release : 2011-06-27
Genre : Business & Economics
Kind : eBook
Book Rating : 013/5 ( reviews)
Book Synopsis Resource-Based and Evolutionary Theories of the Firm by : Cynthia A. Montgomery
Download or read book Resource-Based and Evolutionary Theories of the Firm written by Cynthia A. Montgomery. This book was released on 2011-06-27. Available in PDF, EPUB and Kindle. Book excerpt: Resource-Based and Evolutionary Theories of the Firm: Towards a Synthesis explores the intersection of evolutionary theories of the firm with an emergent body of research in the field of strategic management that has been broadly referred to as the `resource-based view of the firm'. The volume approaches strategic questions from several vantage points, thereby fostering a useful cross-fertilization of ideas. The views presented spring from a variety of sources, namely the principles of strategic management, organisation economics, and population ecology.
Author : Joseph T. Mahoney
Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : 435/5 ( reviews)
Book Synopsis Economic Foundations of Strategy by : Joseph T. Mahoney
Download or read book Economic Foundations of Strategy written by Joseph T. Mahoney. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: 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.
