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The decision to diversify lies at the core of corporate strategy and is one of the most important decisions for top management. Matthias Knecht introduces a new perspective on corporate diversification that extends the academic discussion and reveals substantial new insights with regards to one of the most pressing questions in strategic management: what makes a diversification strategy successful? The author introduces the dynamism of industries as the dominant force in the firm’s environment that influences the organization on all levels. Due to strategic, organizational, and managerial similarities of businesses competing in similar dynamic environments, synergistic benefits and supe...
Selected, peer reviewed papers from the 2011 International Conference on Information Science, Automation and Material System (ISAM 2011), May 21-22, 2011, Zhengzhou, China
Discusses arguments for and against protectionism in the late 19th. century.
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