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Nonmarket Strategic Management (Hardcover)
Loot Price: R4,137
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Nonmarket Strategic Management (Hardcover)
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Strategic management has traditionally concerned itself with
delivering objectives based on an assessment of resources and the
market environment. However, there are many actors considered
'outside' the firm that inevitably shape the dynamics within the
market. Nonmarket strategies entail social, political, and legal
arrangements that reinforce or enable market strategies, providing
a comprehensive approach to improving performance and gaining a
competitive advantage. This book introduces nonmarket strategic
management within these contexts. Divided into two parts, the first
part offers theories and managerial support for coping with the
complex business realities surrounded by social, political and
legal spheres; the second part presents examples of the challenges
firms in the nonmarket environment. These examples show how firms
can strategically manage and work with social, political and
regulatory stakeholders to achieve their goals. Written by two
leading scholars in the area, this book is essential reading for
business students, managers and leaders.
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