The contribution of formal planning systems to strategic investment decisions

Article Abstract:

A study has been carried out of 38 companies in Greece, and how they make strategic investment decisions. The study has focused on the link between these decisions to formal planning systems and has found that decisions are made in a systematic way when formal planning is used. Decisions tend to be characterised by rationality with systematic reporting. Formal planning systems can have an impact on strategy through influencing how decisions are made.

Decision-making, Decision making

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Market orientation and company performance: empirical evidence from UK companies

Article Abstract:

A study has been carried out of market orientation and its links with company performance in the UK. The study indicates that where clients have little power and a sector is undergoing rapid technological change, market orientation may not improve a company's performance. Environmental factors may thus be an important variable in determining the impact of market orientation, and these factors vary according to national business cultures.

Marketing management

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Revisiting Fayol: anticipating contemporary management

Article Abstract:

The article examines Henri Fayol's opinions on management theory in the book 'General and Industrial Management.'

United States, Management Development, Beliefs, opinions and attitudes, Criticism and interpretation, Works, Theorists, General and Industrial Management (Book), Fayol, Henri

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