Heavy debt burdens and corruption have not only had a debilitating effect on development but also undermined efforts at economic recovery and market‐enhancing initiatives in many African countries. Africa is the world’s most aid‐dependent and indebted region of the world. Much of the...

Addresses the issue of business failure. Identifies different types of business failure and provides a framework for further research into this aspect of strategic management. Draws from the management literature to describe the causes and processes of each of the failure contexts covered and...

Observes that, as we move through the 1990s, a “competence‐based” view of strategic management is emerging and gathering force. Explains the underlying idea which organizational success is not only due to competitive market offers and activities but more to organizational skills which...