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From 1950 to 1960, ampex's annual gross revenue went from fewer than $ 1,000,000 to more than $ 73,000,000.
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Abstract to check apace deteriorating environmental conditions, many management tools are being misused by different industries.
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The fundamental success of a strategy depends on three dire factors: a firm's alignment with the external environment, A realistic internal vista of its CORE competencies and property competitive advantages, and careful implementation and monitoring.
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Why are environmental conditions important in Strategic Choice?
Essentially, varying environmental conditions (e.g., whether an environment was dynamic or static) and/or organizational contingencies (e.g., whether the focus was on batch or mass manufacturing) were seen to automatically mandate a specific type of organizational response.
When did the concept of Strategic Choice emerge?
The concept of strategic choice is associated with the work of John Child (1972) and continues to have a significant influence on the study of organizations and management. Up until the emergence of the concept in the early 1970s, understanding of organizations was largely deterministic and functional in nature.
Which is the best description of Strategic Choice?
Nonetheless, strategic choice remains a concept of management, for management. Best fit; Management style; Non-unionism; Strategic HRM; Strategy. strategic choice, Sociology, 6, pp. 1 – 22. environment: retrospect and prospect, Organization Studies, 18 (1), pp. 43 – 76.
Last Update: Oct 2021
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