rising as concepts and constructs, possibly impacting on the advancement of strategic management theory and practices: these … tools are the business model (BM), the value network (VN) and resource management (RM). The purpose of this paper is to …

spite of the extreme variance that is characteristic of the industry, must be found in the management decision approach that … they employ to deal with this uncertainty. Originality/value: The paper uses statistical evidence to draw management … recognising that correct management decision approaches are behind the success of such an uncertain and volatile industry. …