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With the changing conditions of business conduct, Industry 4.0 means a rapid development of new technologies, increased intensity of competition and evolving globalization, thus presenting enterprises with new challenges. There is a need to transform business models into open models that make...
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This text consults seven variants of institutional theory to explore how these can be applied to strategic management …, and performativity based strategic management. While the competitive based style sees institutional theory submitting to … based style makes institutional theory a strategy theory in its own right by providing an explanation for an organization …
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