Exam 18: Current Trends in Strategic Management

Organizational identity refers to:

Lee Iaccoca at Chrysler, John Browne at BP, Michael Eisner at Disney, and Rupert Murdoch at News Corp. illustrate:

In future, all businesses will need to move to an internet-based business model:

There is much discussed, especially in the academic literature, about the need for firms to adapt to the expectations of society.

Complexity theory implies that:

In complexity theory, organizations are considered as:

What does the evolution of the environment tell firms, and how do they react to it?

It's not absolutely clear from the text, but a power-law distribution connection with unpredictability means:

Ultimately, the only sustainable competitive advantage which matters is:

Three issues dominate the disdain for business corporations: equity issues, unethical behaviors, and slow corporate change

In option theory, an attractive resource:

The problem with highly indebted firms is:

Complementarity and complexity theory:

The Danish firm Oticon:

What do the unexpected and undesired consequences of the search for shareholder value imply?

Complexity theory is:

We have witnessed a transition from an industrial economy to a knowledge economy. This is true;

The pursuit of shareholder value became translated by many corporate executives as the maximisation of short-term profits.

One thing to bear in mind with real option value is:

The critical focus of top management should be on: