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perspective, and explores why and how multinational corporations (MNCs) proactively deal with uncertainty by valuing locational …-specific determinants, under uncertainty about the future. Originality/value Drawing on the notion of location flexibility from Buckley and … uncertainty by choosing ambidextrous locations that offer more flexibility for MNCs to change or respond to potential volatility …
Persistent link: https://www.econbiz.de/10014931985
uncertainties about competitors, customers, and the environment. Responses from 137 wholesale grocers demonstrate that uncertainty … varies by generic strategy, suggesting that businesses consider both the type and degree of uncertainty when crafting a …
Persistent link: https://www.econbiz.de/10014932187
uncertainty, which each demand different approaches: hidden certainties, expected outcomes and random uncertainties. For each of … uncertainty need not be anywhere near as difficult as managers fear. As with most fears, once managers understand what is …
Persistent link: https://www.econbiz.de/10014932238
Most people agree that preparing for the future is necessary to excel, but doing it effectively is difficult. All risk analyses offer some foresight, but tools based on classic probabilistic calculus open for deception through apparent accuracy in some situations because ambiguity and fuzziness...
Persistent link: https://www.econbiz.de/10014932327
The concept of environmental uncertainty is recognized as a fundamental element of the strategic management and … uncertainty have muddled the true meanings of the construct. In an effort to reverse this disturbing trend, this paper … systematically analyzes the historical development of the uncertainty construct. Seminal management literature is used to trace the …
Persistent link: https://www.econbiz.de/10014932330
Purpose – This study aimed to examine the prospective role played by perceived environmental uncertainty in the … of analysis was employed. Generic strategy, environmental uncertainty, and performance were measured by previously …
Persistent link: https://www.econbiz.de/10014933240
The function which managers most despise is the art of forecasting. By its very nature it concerns guessing the outcome of future events. No matter how sophisticated computer‐driven techniques and programs are evolved, the future has inherently within it events beyond the control of managers....
Persistent link: https://www.econbiz.de/10014933593
The successful businesses of the future are being created today by individuals and teams in tune with fast‐moving technologies, new markets and changing lifestyles. New disciplines have sprung up, new professions are born and new skills are in demand. There is a need to blend the new skills...
Persistent link: https://www.econbiz.de/10014933598
management problems revolve around uncertainty when, in fact, management is ambiguous rather than uncertain. Analyses the effect …
Persistent link: https://www.econbiz.de/10014933704
chaos theory and the uncertainty principle are used to demonstrate problems with the predictive ability of accounting models …
Persistent link: https://www.econbiz.de/10014934929