The claims made for reengineering are great, and despite extensive academic criticism, are still being offered to managers looking for answers to business problems. Yet, can reengineering provide the techniques and, indeed solutions they desire? This paper argues that, although similar to...

Macroeconomic fluctuations affect corporations’ performance through demand and cost conditions. Incentive effects of performance-based compensation schemes for management may be weakened or biased by macroeconomic influences if management is unable to forecast macroeconomic fluctuations or...

Balancing the needs of information distributors and their audiences has grown harder in the age of the Internet. While the demand for attention continues to increase rapidly with the volume of information and communication, the supply of human attention is relatively fixed. Markets are a social...

The present study identifies and analyzes, critically evaluating, the contributions and shortcomings of the following theories, approaches and models, which are attempting to explain post factum the creation of international joint ventures in the practice: transaction costs theory and its...

A central aspect of the economic and political life in Bulgaria before the EU accession is the development of an active and competitive private sector. Small and medium-sized business contributes to accelerating economic development, employment, improving the competitive environment, promoting...

Proponents of the emerging knowledge-based (resource-based, competence-based, etc.) theory of the firm have subjected more traditional economics of organization theories to strong critiques. Rather than directly answering this critique, we examine key ideas of the knowledge-based approach, and...

As military strategy preceded firm strategy, it is natural to state that firm strategy took the majority of its main concepts from the military. Nowadays, the business environment plays an important role in adopting strategic decisions. This implies that in the center of a company’s view,...

In this paper, we survey some of the developments in India’s IT sector, and prospects for broad-based growth led by this sector. We examine the IT sector, discussing the role of software versus hardware, the growth pattern of the software industry and software exports, and the potential...