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featured management models

entry mode selection: Hill, Charles W.L., Hwang, Peter, Kim, W. Chan
 

entry mode selection

Hill, Charles W.L., Hwang, Peter, Kim, W. Chan

  • topic: culture & internationalisation and strategic management
  • period: 1990
Firms that want to internationalise must decide on a fitting mode of entry into a foreign market in order to make the best use of their resources. Once an entry mode has been chosen, multinational organisations limit their tactical flexibility by developing skills and knowledge to support the chosen arrangement.  The entry mode selection...
 
z-score: Altman, Edward I.
 

z-score

Altman, Edward I.

  • topic: finance & accounting
  • period: 1968
The z-score model was developed to predict firm bankruptcy and provide a basis for safer investment decisions and better assessment of supplier and customer credit worthiness. Edward I. Altman first published the model in 1968. Altman holds a PhD in finance from the University of California and authored many articles and books on bankruptcy....
 
invention innovation diffusion trilogy: Schumpeter, Joseph A.
 

invention innovation diffusion trilogy

Schumpeter, Joseph A.

  • topic: innovation & risk, strategic management and technology & operations
  • period: 1939
According to the Austrian economist, Joseph Schumpeter, technological change was a major determinant of industrial change. Schumpeter believed that the economic cycles in capitalistic economies, are the result of rule changing innovations. Innovation is a two headed beast: the introduction of revolutionary products and services by successful entrepreneurs...
 
five forces: Porter, Michael E.
 

five forces

Porter, Michael E.

  • topic: strategic management
  • period: 1980
Michael Porter's innovative research in the 1980's changed managers' perceptions of their own industry's importance as a factor for their company's strategy. Business unit managers would now have to study their industry's characteristics since an industry's structure determines its relative economic attractiveness and hence, the profit potential of all companies...