Relational View
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Relational View
In management, the relational view by Jeffrey H. Dyer and Harbir Singh is a theory for considering networks and dyads of firms as the unit of analysis to explain relational rents, i.e., superior individual firm performance generated within that network/dyad.Dyer, J.H., Singh, H. (1998): The relational view: Cooperative strategy and sources of interorganizational competitive advantage. Academy of Management Review, Vol. 23, pp. 660–679. This view has later been extended by Lavie (2006). Comparison to other theories The relational view supplements existing views. While the industry structure view explains superior returns with a firm's membership in an industry with specific structural characteristics, and the resource-based view explains superior returns with firm heterogeneity,Barney, J.B. (1991): Firm resources and sustained competitive advantage. Journal of Management, Vol. 17, pp. 99-120. the relational view argues that idiosyncratic interfirm linkages are a source of rela ...
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Jeffrey H
Jeffrey may refer to: * Jeffrey (name), including a list of people with the name * ''Jeffrey'' (1995 film), a 1995 film by Paul Rudnick, based on Rudnick's play of the same name * ''Jeffrey'' (2016 film), a 2016 Dominican Republic documentary film *Jeffrey's, Newfoundland and Labrador, Canada *Jeffrey City, Wyoming, United States *Jeffrey Street, Sydney, Australia * Jeffrey's sketch, a sketch on American TV show ''Saturday Night Live'' *'' Nurse Jeffrey'', a spin-off miniseries from the American medical drama series ''House, MD'' *Jeffreys Bay, Western Cape, South Africa People with the surname * Alexander Jeffrey (1806–1874), Scottish solicitor and historian * Charles Jeffrey (footballer) (died 1915), Scottish footballer * E. C. Jeffrey (1866–1952), Canadian-American botanist *Grant Jeffrey (1948–2012), Canadian writer *Hester C. Jeffrey (1842–1934), American activist, suffragist and community organizer *Richard Jeffrey (1926–2002), American philosopher, logician, and pro ...
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Harbir Singh
Harbir Singh is an American economist, currently the Co-Director, Mack Institute for Innovation Management and Mack Professor of Management at Wharton School of the University of Pennsylvania and formerly the Edward H. Bowman Professor, from 1999 to 2005. Bibliography * * References External links The Best Management Is Less Managementa 2018 ''strategy+business'' magazine article by Michael Useem Michael Useem is an American academic. He is the William and Jacalyn Egan Professor of Management at Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School ... and Harbir Singh on management lessons from the Chilean government’s response to crisis. * Year of birth missing (living people) Living people Wharton School of the University of Pennsylvania faculty American economists {{US-economist-stub ...
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Industry Structure View
Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector of an economy, including manufacturing and production of other intermediate or final goods * The general characteristics and production methods common to an industrial society ** Industrialization, the transformation into an industrial society * Industry classification, a classification of economic organizations and activities Places *Industry, Alabama *Industry, California ** Industry station *Industry, Illinois *Industry, Kansas *Industry, Maine *Industry, Missouri *Industry, New York *Industry, Pennsylvania *Industry, Texas *Industry Bar, a New York City gay bar *Industry-Rock Falls Township, Phelps County, Nebraska Film and television * ''Made in Canada'' (TV series), a Canadian situation comedy series also known as ''The Industry'' ...
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Resource-based View
The resource-based view (RBV) is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Barney's 1991 article "Firm Resources and Sustained Competitive Advantage" is widely cited as a pivotal work in the emergence of the resource-based view. However, some scholars argue that there was evidence for a fragmentary resource-based theory from the 1930s. RBV proposes that firms are heterogeneous because they possess heterogeneous resources, meaning firms can have different strategies because they have different resource mixes. The RBV focuses managerial attention on the firm's internal resources in an effort to identify those assets, capabilities and competencies with the potential to deliver superior competitive advantages. Origins and background During the 1990s, the ''resource-based view'' (also known as the ''resource-advantage theory'') of the firm became the dominant paradigm in strategic planning. RBV can ...
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Strategic Management
In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of Resource management, resources and an assessment of the internal and external Market environment, environments in which the organization operates.qn, date=June 2018 Strategic management provides overall direction to an enterprise and involves specifying the organization's goal, objectives, developing policy, policies and plans to achieve those objectives, and then allocating resources to implement the plans. Academics and practicing managers have developed numerous models and frameworks to assist in strategic decision-making in the context of complex environments and competitive dynamics. Strategic management is not static in nature; the models can include a feedback, feedback loop to monitor execution and to inform the next round of planning. Michael Porter identif ...
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Eurasian Business Review
The ''Eurasian Business Review: A Journal in Industrial Organization, Innovation and Management Science'' is a quarterly peer-reviewed academic journal covering all aspects of business administration related to the Eurasian region. It was established in 2011 and, along with the ''Eurasian Economic Review'', is an official journal of the Eurasia Business and Economics Society. The society publishes it in association with Springer Nature and the editor-in-chief is Marco Vivarelli Marco Vivarelli (born 11 February 1963) is an Italian economist, full professor and director of thDepartment of Economic Policyat the Università Cattolica del Sacro Cuore, Milan. Biography Marco Vivarelli received his Laurea in 1987 from the .... Abstracting and indexing The journal is abstracted and indexed in: *Current Contents/Social And Behavioral Sciences *EBSCO Information Services, EBSCO databases *EconLit *International Bibliography of Periodical Literature *International Bibliography of the ...
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Business Terms
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated an ...
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Supply Chain Management
In commerce, supply chain management (SCM) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally". SCM practice draws heavily on industrial engineering, systems engineering, operations management, logis ...
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