Theory of the firm for strategic management : economic value analysis /

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Bibliographic Details
Author / Creator:Becerra, Manuel, 1964-
Imprint:Cambridge, UK ; New York : Cambridge University Press, 2009.
Description:1 online resource (xiv, 295 pages) : illustrations
Language:English
Subject:Strategic planning.
Management.
Business enterprises.
BUSINESS & ECONOMICS -- Strategic Planning.
Business enterprises.
Management.
Strategic planning.
Strategisches Management
Unternehmen
Strategische planning.
Electronic books.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11829654
Hidden Bibliographic Details
ISBN:9781139129312
1139129317
0511504594
9780511504594
9780511626524
0511626525
0511506732
9780511506734
9780521863346
0521863341
9780521681940
0521681944
1139131958
9781139131957
Digital file characteristics:text file
Notes:Includes bibliographical references (pages 272-292) and index.
Print version record.
Summary: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.
Other form:Print version: Becerra, Manuel, 1964- Theory of the firm for strategic management. Cambridge, UK ; New York : Cambridge University Press, 2009 9780521863346