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Companies that know how to set the right prices for their products and services understand that pricing isn’t simply a matter of good tactics. By investing in specific areas of organizational capital, they’ve made it a strategic weapon that competitors can only envy.
Persistent link: https://www.econbiz.de/10012120363
Organizational competitiveness should not be analysed only in terms of performance (competitiveness “as result”), but also by taking into account the capacity to defend and constantly renew its sources of competitive advantage (competitiveness as “driver of competitive advantage”). The...
Persistent link: https://www.econbiz.de/10010965555
The new Balanced Scorecard has revolutionized the way that Business has been formulated and executed. A natural evolution that builds on the success of the first version of Balanced Scorecard in the beginning of the nineteen’s. With the development of the BSC including the Strategy Mapping has...
Persistent link: https://www.econbiz.de/10011195033
We study how agents decide between working for firms with profit sharing and firms in which pay is based on individual productivity. Profit sharing has the disadvantages of free riding and adverse selection. The benefit of profit sharing is that it makes easier for agents to signal their...
Persistent link: https://www.econbiz.de/10011264248
We demonstrate that a multi-period model, and the valuations it implies, is essential for understanding inefficiency in cooperative organizational forms. Investment is efficient given the supply of input, but economic inefficiency arises because of over-supply of input induced by suppliers...
Persistent link: https://www.econbiz.de/10005764327
Based on an exhaustive and integrated business model framework, this article examines the critical differences between the two main business model paradigms – the one inherited from PC/console games and the one promoted by mobile and online games – in regard to the five main business model...
Persistent link: https://www.econbiz.de/10011096694
This paper analyzes how fast do family businesses react to a decline in their financial performance. Turnaround is especially relevant in family businesses due to the importance of non-economic goals. We study the differences between family and non-family businesses in relation to closure and...
Persistent link: https://www.econbiz.de/10014506587
Digital transformation capability (DTC), as an important capability to use digital technology to innovate business and management models, enables retailers reduce costs, and enhance production. It is the main driving force for restructuring the business ecosystem of retailers. To develop the DTC...
Persistent link: https://www.econbiz.de/10013500725
The aim of this paper is to study the determinants of investment on material and immaterial assets of Spanish firms considering they are heterogeneous assets. With this objective, we propose an investment model based on both prospective models and Tobin’s q. The developed model is then applied...
Persistent link: https://www.econbiz.de/10008475697
This article has the aim of considering whether managerial control, no matter its form, has outlived, its usefulness in postbureaucratic society, and if so, whether it can be replaced by a more emancipatory discourse among local practitioners as they confront the immanent requirements of social...
Persistent link: https://www.econbiz.de/10013531012