Theory of the Firm for Strategic Management

Economic Value Analysis

Business & Finance, Management & Leadership, Planning & Forecasting
Cover of the book Theory of the Firm for Strategic Management by Manuel Becerra, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Manuel Becerra ISBN: 9780511737879
Publisher: Cambridge University Press Publication: February 5, 2009
Imprint: Cambridge University Press Language: English
Author: Manuel Becerra
ISBN: 9780511737879
Publisher: Cambridge University Press
Publication: February 5, 2009
Imprint: Cambridge University Press
Language: English

Strategic decisions deal with the long-term direction of the firm and its main activities, usually the responsibility of the top managers in an organization. Because the firm is the critical unit of analysis in strategy, we need to define what firms are, how they create value, and what their organizational boundaries are in order to understand their overall performance. However, this must be done in a manner that is most useful for strategic analysis and decision making. In other words, we need a theory of the firm for business strategy. Theory of the Firm for Strategic Management integrates and expands key existing theories, like transaction costs economics and the resource-based view, to develop a value-based theory of the firm. This provides a framework to show how firms can create value for customers and, at the same time, capture economic profits for their owners through business, corporate, international, and social strategies.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Strategic decisions deal with the long-term direction of the firm and its main activities, usually the responsibility of the top managers in an organization. Because the firm is the critical unit of analysis in strategy, we need to define what firms are, how they create value, and what their organizational boundaries are in order to understand their overall performance. However, this must be done in a manner that is most useful for strategic analysis and decision making. In other words, we need a theory of the firm for business strategy. Theory of the Firm for Strategic Management integrates and expands key existing theories, like transaction costs economics and the resource-based view, to develop a value-based theory of the firm. This provides a framework to show how firms can create value for customers and, at the same time, capture economic profits for their owners through business, corporate, international, and social strategies.

More books from Cambridge University Press

Cover of the book Pediatric Traumatic Brain Injury by Manuel Becerra
Cover of the book Perception, Sensibility, and Moral Motivation in Augustine by Manuel Becerra
Cover of the book Teaching Medical Professionalism by Manuel Becerra
Cover of the book A History of Modern Iran by Manuel Becerra
Cover of the book The Prospects of International Trade Regulation by Manuel Becerra
Cover of the book Conservation of Freshwater Fishes by Manuel Becerra
Cover of the book Infertility in the Male by Manuel Becerra
Cover of the book International Trade in Sustainable Electricity by Manuel Becerra
Cover of the book Pattern Recognition Neuroradiology by Manuel Becerra
Cover of the book Orientalism and Musical Mission by Manuel Becerra
Cover of the book The Cambridge Companion to Bartók by Manuel Becerra
Cover of the book Encountering Islam on the First Crusade by Manuel Becerra
Cover of the book Systems Biology of Cancer by Manuel Becerra
Cover of the book Activists Forever? by Manuel Becerra
Cover of the book Empire and Ecology in the Bengal Delta by Manuel Becerra
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy