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According to the "structure-based view" of performance, the way a firm fits into the industry structure is seen as the primary source of competitive advantage. On the other hand, the "strategy-based view" contends that process-based aspects of firms should be accorded far more importance in the study of the determinants of performance than macro, structural indicators. While research in both these fields has added immeasurably to our understanding of inter-firm heterogeneity, there has been l...
International Meaning of Working: Level & Occupational Differences
The international meaning of work in people's lives differs throughout the world. In this research paper we examine the role that work plays in different people's lives in industrialized societies. We focus on traditional working environments, careers, and compensation around the world. We examine the differences in the meaning of work among levels among three levels in an organization consisting of employees, supervisors, and managers among healthcare workers and general workers using Carrah...
Small Firm Strategy in Turbulent Times
The purpose of this paper is to suggest an approach to modifying firm strategy and tactics to cope with the demands of the current economic downturn and resulting challenges to profitability and growth. The approach is, broadly, becoming a focused differentiator, adopting Hersey's Situational leadership Model and adopting a Lean Management philosophy. The target audience for this paper is Small and Medium Sized Enterprises (SMEs) - frequently privately held and often with fewer than 100 emplo...
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