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Strategic Management,1/e
book

Strategic Management,1/e

by Dr. Jacob Thomas
May 2015
Beginner
848 pages
28h 40m
English
Pearson Education India
Content preview from Strategic Management,1/e

APPENDIX

CONCEPTS OF STRATEGIC MANAGEMENT
  • Acquisition: The purchase of a firm that is subsequently absorbed and integrated as an operating subsidiary at the discretion of the acquiring firm.
  • Aspirations: How does the firm envision its future state of being and measure success.
  • Asset flows: Movement of assets from within the firm outside or vice versa; only tradable assets are subjected to movement.
  • Asset stocks: Accumulation of both tradable and non-tradable assets. It is difficult for any firm to accumulate pieces of assets and integrate them into an organic whole within a short time period. Thus, asset stocks or lack of asset stocks become a factor for competitive advantage.
  • Balanced scorecard: Four factors are taken into consideration while ...
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Publisher Resources

ISBN: 9789352861224