Strategic Management
- Business
The Assumption of Shareholder Value Maximization Theory
The simple assumption that firms seek to maximise profits is insufficient for our purposes. It: Ignores the amount of capital…
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The Goal and Purpose of Organizations
We assume that ‘businesses’ seek to increase the wealth of their owners. This is often summarized as the familiar assumption…
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Mission Statements: The importance of Mission to Corporate Strategy
Mission statements are formal documents that state the organization’s mission. There is no standard format, but the four element Ashridge…
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Features of a Successful Mission in an Organization
Mission: the values and expectations of those who most strongly influence strategy about the scope and posture of the organization…
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Case Study; Superware Products Ltd
Superware Products Ltd (hereafter Superware) was formed in 20X9 by three colleagues who had left a major software house to…
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Case Study: Six Continents Hotel and The Global Hotel Industry
To what extent does the example of Six Continents and the global hotel industry (below) illustrate the models of strategy-making?…
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Case Study 1: Ashdene Homes is a house builder
Ashdene Homes is a house builder, having considerable knowledge and experience in the region around Dhaka where the current housing…
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The Impact of Ethics on Business Strategy
Compliance with Codes of Conduct will be mandatory for members and employees subject to the Codes. Ethical tests enable managers…
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The Conflict Between Ethics and Business in any Industry
The ethical decision making in business comes out of the conflicts between what is good for individuals, organizations, and society. These conflicts…
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Ethics and Regulating Ethical Behavior
Morals and ethics involve doing the ‘right’ thing. This may not always be the same as ‘best for the…
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