Corporate deception
Article Abstract:
Corporate deception is the misrepresentation of reality in order to gain competitive advantage and can be either planned or accidental and includes secrecy, non-disclosure, manipulation of context, and lying. The two types of corporate deception alluded to in research literature are planned reaction type and confusion type deception. Planned reaction type deception aims to deceive a rival corporation into mistakenly believing that an event is imminent, thus causing the rival to react in a pre-planned manner. The defense against planned reaction type deception is for a corporation to consider the possibility that its intelligence is being fed to them by a competitor in order to deceive them. Confusion type deception tries to hide an imminent action by covering it up with several possible actions, thus reducing a competitor's chances of reacting in a way to counter the planned action. The awareness of the possibility of deception does not guarantee that a corporation will not be deceived, and the best defense for corporations is to maintain a flexible posture in order to allow quick recovery after a deception is uncovered.
Publication Name: Journal of General Management
Subject: Business, general
ISSN: 0306-3070
Year: 1990
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Recession strategies and top management change
Article Abstract:
Many of the recovery problems that British corporations have with shortages and declining market share in the recovery periods of successive recessions may be the result of an over-pessimistic focus on rationalization, with insufficient concern for long-term recovery. The alternatives for the corporations include reinforcing or hoarding resources to prepare or pre-empt recovery positions; and altering the scope of of their activities, diversifying or concentrating. Existing chief executive officers are usually the best managers to guide firms through business downturns.
Publication Name: Journal of General Management
Subject: Business, general
ISSN: 0306-3070
Year: 1991
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