Strategic decision-making processes: the role of management and context

Article Abstract:

Studies on the role of decision-making processes (DMP) in the management of business enterprises have gained much advancement and acceptance. However, there is still a dearth of objective data on the validity of DMP theories. This experiment provided evidence on the different factors influencing strategic decision-making concerning corporate investments. Findings showed the significant impact of attributes related to type of business decision to be made on choice of strategy. These attributes included managers' view on the extent of effect of the decision on the company, as well as magnitude of risk. Data gathered also supported the greater correlation of logic-based decisions to investments on capital equipment as compared to investments in start-up companies and marketing. Furthermore, findings highlighted the importance of varied senior management traits on business DMPs.

Financial Planning, Decision-making, Decision making, Management, Investments

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Guanxi and organizational dynamics: organizational networking in Chinese firms

Article Abstract:

This article examines the cultural characteristic of guanxi in China, focusing on how it is utilized and its impact on interorganizational dynamics and firm performance. The concept of guanxi refers to subtle social networks, and research reveals how these networks are utilized with regard to institutional, organizational, and strategic factors.

Organizational Methods NEC, Social aspects, Corporations, Organizational change, Social networks, Organizational research, Industrial sociology

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Strategic alignment and performance of market-seeking MNCS in China

Article Abstract:

This article examines the relationship between environment, strategy, and performance among foreign firms in China. Topics addressed include how multinational corporations and their subsidiaries negotiate China's turbulent local and national markets.

International business enterprises, Multinational corporations, Markets (Economics), International economic relations

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