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This book explores nonmarket strategy (NMS) in firms by invoking
economic, political and philosophical perspectives. Featuring data
from the USA, the UK, India, China, Mexico and other countries, the
author links NMS to economic freedom, regional development,
corruption and other national factors. Nonmarket strategy (NMS)
refers to any part of a firm's strategy that seeks to generate
superior performance through means not directly associated with
market activity, such as lobbying legislators, colluding with
rivals to erect industry entry barriers and pursuing direct
business-government partnerships. Decades ago, nonmarket factors
comprised a minor, peripheral consideration in organizational
strategy. Today, NMS is central to strategy development and
execution. This phenomenon is driven by both corruption in emerging
economies and cronyism in the developed world. Scholarly interest
in NMS continues to increase and while much is known about the
topic, some core questions still remain such as: Are there
different drivers for and implications of proactive NMS versus
defensive NMS? How do national environments influence firm
decisions to pursue NMS? The data presented in the book explores
many of these questions. Providing a comprehensive,
multidisciplinary analysis that includes elements of management,
economics, philosophy and social sciences, this book is beneficial
for scholars, practitioners, students, academics and policy makers
interested in NMS.
This book explores nonmarket strategy (NMS) in firms by invoking
economic, political and philosophical perspectives. Featuring data
from the USA, the UK, India, China, Mexico and other countries, the
author links NMS to economic freedom, regional development,
corruption and other national factors. Nonmarket strategy (NMS)
refers to any part of a firm's strategy that seeks to generate
superior performance through means not directly associated with
market activity, such as lobbying legislators, colluding with
rivals to erect industry entry barriers and pursuing direct
business-government partnerships. Decades ago, nonmarket factors
comprised a minor, peripheral consideration in organizational
strategy. Today, NMS is central to strategy development and
execution. This phenomenon is driven by both corruption in emerging
economies and cronyism in the developed world. Scholarly interest
in NMS continues to increase and while much is known about the
topic, some core questions still remain such as: Are there
different drivers for and implications of proactive NMS versus
defensive NMS? How do national environments influence firm
decisions to pursue NMS? The data presented in the book explores
many of these questions. Providing a comprehensive,
multidisciplinary analysis that includes elements of management,
economics, philosophy and social sciences, this book is beneficial
for scholars, practitioners, students, academics and policy makers
interested in NMS.
Offering a strategic orientation to crisis management, Crisis
Management in the New Strategy Landscape 2e helps readers
understand the importance of planning for crises within the wider
framework of an organization's regular strategic management
process. The text follows a four-stage crisis management framework:
(1) Landscape Surveyuanticipating crisis events, (2) Strategic
Planningusetting up the crisis management team and plan, (3) Crisis
Managementuaddressing the crisis when it occurs, and (4)
Organizational Learninguapplying lessons from crises so they will
be prevented or at least mitigated in the future. New and
HallmarkaFeatures New Chapter on international crisis
managementCovers the latest trends in crisis management and looks
forward to how crisis management plans and teams will look in the
future Views crisis management through the lens of chaos theory,
which offers real world application for practicing managers in the
context of crisis management Includes a full chapter on business
ethics that shows how ethical issues with management can contribute
to crises and what can be done to avoid future ethics-related
crises Offers a chapter on organizational learning that shows
managers what needs to be done after the crisis ends, and why it is
important not to return to business as usual Includes case studies
and vignettes at the beginning and end of each chapter to give
readers a look at real world situations where crises have occurred
Provides an outline of items to include in a crisis management plan
in the Appendix Crisis Management in the New Strategy Landscape is
intended for upper-level undergraduate or graduate courses in
Crisis Management or Crisis Communications offered in departments
of management, public administration, or communication. The book
could also be used as a supplement for strategic management
(business policy) courses.
Ayn Rand wrote and lectured on economic concepts and topics. This
volume addresses the economic and business aspects of her writings.
The authors of this anthology are from a variety of fields and all
of them are enthusiastic supporters of her ideas.
Ayn Rand wrote and lectured on economic concepts and topics. This
volume addresses the economic and business aspects of her writings.
The authors of this anthology are from a variety of fields and all
of them are enthusiastic supporters of her ideas.
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