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Strategic Risk

Name: Strategic Risk
Brand: Springer
SKU: 9780792396611
Price: 157.37 EUR
Availability: InStock

A State-Defined Approach

Автор: James M. Collins, Timothy W. Ruefli

Език:

Корици: С твърди корици

Издател: Springer

Наличност: Външен склад

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157.37 € 307.80 лв

Strategic Risk examines a fundamental issue in the field of strategic management and organizations:...

Информация за книгата

Автор

James M. Collins, Timothy W. Ruefli

Език

Английски език

Корици

Книга - С твърди корици

Издадена

1995

страници

218

EAN

9780792396611

ISBN

0792396618

Enbook ID

01398376

Издател

Springer

Теглоt

1140

Размери

156 x 234 x 18

Пълно описание

Strategic Risk examines a fundamental issue in the field of strategic management and organizations: how to study changes in the competitive outcomes of firms. Collins and Ruefli develop the concept of ordinal risk and extend this concept and its associated measures to the more general framework of state-defined systems. The book makes the state-defined risk methodology more accessible to strategic management researchers, and to social scientists in general. The need for quantitative frameworks with which to analyze the dynamics of strategic management has been apparent for some time. The state-defined risk methodology has the advantage of being based on a common usage definition of risk, and is also based on a mathematically well-behaved function. It permits investigation of the chance of gain while yielding a measure of environmental uncertainty. Finally, the development is general and permits applications employing a variety of performance dimensions over a range of entities in a diversity of contexts. The authors demonstrate the practicability and reliability of this approach by applying the model to mutual funds, large mining and manufacturing firms, and public firms on an industry by industry basis.