Overcoming Cognitive Biases In Strategic Management And Decision Making

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Overcoming Cognitive Biases in Strategic Management and Decision Making

Author : Siniksaran, Enis
Publisher : IGI Global
ISBN 13 :
Total Pages : 309 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Overcoming Cognitive Biases in Strategic Management and Decision Making by : Siniksaran, Enis

Download or read book Overcoming Cognitive Biases in Strategic Management and Decision Making written by Siniksaran, Enis and published by IGI Global. This book was released on 2024-02-12 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: The persistent presence of cognitive biases has influenced rational decisions and strategic management since the 1970s. These prejudiced errors in judgment, often systematic and predictable, breach the foundational assumptions of economic theory, leading to dire consequences such as social inequality, financial collapse, and governmental inefficiency. Even the brightest minds are not immune, making it crucial to address these biases head-on. Overcoming Cognitive Biases in Strategic Management and Decision Making unravels the complex tapestry of biases that infiltrate decision-making processes at all levels. From social injustice biases and reasoning errors to action-inaction and social biases, the book confronts the myriad of ways that biases manifest in critical moments. These pose a significant threat to sound decision-making in various fields, impacting professionals ranging from judges and doctors to public officials. The repercussions of unchecked biases are far-reaching, leading to flawed outcomes that echo through society. The urgent need for a strategic response to mitigate these biases and enhance decision-making processes forms the crux of the problem this book seeks to address.

Cultural Influences on the Process of Strategic Management

Author : Andreas Michael Schühly
Publisher : Springer Nature
ISBN 13 : 3030866602
Total Pages : 391 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Cultural Influences on the Process of Strategic Management by : Andreas Michael Schühly

Download or read book Cultural Influences on the Process of Strategic Management written by Andreas Michael Schühly and published by Springer Nature. This book was released on 2022-01-01 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community. Through this book, the author presents a newly developed framework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called “scenario planning.” The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions.

Managerial and Organizational Cognition

Author : Colin Eden
Publisher : SAGE
ISBN 13 : 9781446231913
Total Pages : 278 pages
Book Rating : 4.2/5 (319 download)

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Book Synopsis Managerial and Organizational Cognition by : Colin Eden

Download or read book Managerial and Organizational Cognition written by Colin Eden and published by SAGE. This book was released on 1998-03-19 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in the field of managerial and organizational cognition has been intense over the last few years. This book explores and provides an in-depth overview of the latest developments in the area and presents answers to the questions accompanying its growth: Is the field distinctive? How does it extend our understanding of managerial processes? From different disciplinary perspectives and empirical settings, the contributors study patterns of managerial cognition. In particular, the longitudinal approach reflected in the volume contributes to its impact as a grounded, practice-based analysis of cognition in organizations.

Noise

Author : Daniel Kahneman
Publisher : Little, Brown
ISBN 13 : 031645138X
Total Pages : 429 pages
Book Rating : 4.3/5 (164 download)

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Book Synopsis Noise by : Daniel Kahneman

Download or read book Noise written by Daniel Kahneman and published by Little, Brown. This book was released on 2021-05-18 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.

Resilience of Multicultural and Multigenerational Leadership and Workplace Experience

Author : Vázquez de Príncipe, Joanne
Publisher : IGI Global
ISBN 13 :
Total Pages : 623 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Resilience of Multicultural and Multigenerational Leadership and Workplace Experience by : Vázquez de Príncipe, Joanne

Download or read book Resilience of Multicultural and Multigenerational Leadership and Workplace Experience written by Vázquez de Príncipe, Joanne and published by IGI Global. This book was released on 2024-05-07 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's volatile, uncertain, complex, and ambiguous (VUCA) world, the challenges faced by individuals, teams, and organizations are more pressing than ever. The persistent global tragedies and instabilities demand a new approach to leadership—one that goes beyond traditional models to address the complexities of a multicultural and multigenerational workforce. The need for resilience has never been more urgent as we grapple with the aftermath of a pandemic and the ever-evolving landscape of work. The book titled Resilience of Multicultural and Multigenerational Leadership and Workplace Experience dives deep into the heart of the issue, highlighting the importance of cultivating resilience as a dynamic ability. It serves as a call to action for individuals and leaders to fortify their resilience, transforming it from a mere survival mechanism into a strategic advantage that propels individuals and organizations towards success. The core objective of Resilience of Multicultural and Multigenerational Leadership and Workplace Experience is to offer various solutions to the challenges posed by the contemporary business environment. Grounded in both theoretical and empirical research, the book aims to provide a guide for scholars and professionals navigating the complexities of leadership in a multicultural context. By delving into the strategic role of resilient leadership across various organizational levels, the book equips its readers with the tools and insights needed to not only face these challenges but emerge stronger.

Cognitive Behavioral Neuroscience in Organizational Settings

Author : Reddy, K. Jayasankara
Publisher : IGI Global
ISBN 13 :
Total Pages : 349 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Cognitive Behavioral Neuroscience in Organizational Settings by : Reddy, K. Jayasankara

Download or read book Cognitive Behavioral Neuroscience in Organizational Settings written by Reddy, K. Jayasankara and published by IGI Global. This book was released on 2024-06-17 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world characterized by constant changes, organizations grapple with the complex task of understanding and enhancing human behavior within their ranks. The burgeoning interest in cognitive behavioral neuroscience (CBN) for unraveling the intricacies of organizational dynamics has paved the way for a groundbreaking shift. However, the application of CBN in Human Resource Development and Management (HRDM) remains in its infancy, creating a void between scientific inquiry and practical implementation. As organizations yearn for evidence-based strategies to enhance talent identification, team selection, training, and overall performance, a critical need emerges for a comprehensive guide that bridges this gap. Cognitive Behavioral Neuroscience in Organizational Settings is a groundbreaking book that illuminates the unexplored territory of CBN in HRDM. Positioned as a catalyst for change, this comprehensive guide serves as the linchpin connecting theoretical foundations with real-world applications. Seamlessly navigating through the basics of neuroscience, the anatomy and functions of the brain, and the role of neuroscience in organizational behavior, establishes the groundwork for a new academic discipline. By delving into higher cognitive processes, artificial intelligence integration, neuroscience methods, and CBN-based interventions, the book offers a roadmap to revolutionize how organizations understand, manage, and enhance their human capital.

Cognitive Biases in Visualizations

Author : Geoffrey Ellis
Publisher : Springer
ISBN 13 : 3319958313
Total Pages : 185 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Cognitive Biases in Visualizations by : Geoffrey Ellis

Download or read book Cognitive Biases in Visualizations written by Geoffrey Ellis and published by Springer. This book was released on 2018-09-27 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the latest research in this new and exciting area of visualization, looking at classifying and modelling cognitive biases, together with user studies which reveal their undesirable impact on human judgement, and demonstrating how visual analytic techniques can provide effective support for mitigating key biases. A comprehensive coverage of this very relevant topic is provided though this collection of extended papers from the successful DECISIVe workshop at IEEE VIS, together with an introduction to cognitive biases and an invited chapter from a leading expert in intelligence analysis. Cognitive Biases in Visualizations will be of interest to a wide audience from those studying cognitive biases to visualization designers and practitioners. It offers a choice of research frameworks, help with the design of user studies, and proposals for the effective measurement of biases. The impact of human visualization literacy, competence and human cognition on cognitive biases are also examined, as well as the notion of system-induced biases. The well referenced chapters provide an excellent starting point for gaining an awareness of the detrimental effect that some cognitive biases can have on users’ decision-making. Human behavior is complex and we are only just starting to unravel the processes involved and investigate ways in which the computer can assist, however the final section supports the prospect that visual analytics, in particular, can counter some of the more common cognitive errors, which have been proven to be so costly.

Building Sustainable Human Resources Management Practices for Businesses

Author : Popescu, Cristina Raluca Gh.
Publisher : IGI Global
ISBN 13 :
Total Pages : 384 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Building Sustainable Human Resources Management Practices for Businesses by : Popescu, Cristina Raluca Gh.

Download or read book Building Sustainable Human Resources Management Practices for Businesses written by Popescu, Cristina Raluca Gh. and published by IGI Global. This book was released on 2024-03-22 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pressing need for environmental preservation has never been more evident, placing companies at the forefront of the sustainability movement. As the global community grapples with the ever-escalating environmental crisis, the imperative to preserve our planet has transitioned from an ethical consideration to a business necessity. Companies now face an unprecedented challenge: not only must they adapt to more sustainable practices, but must also fully embrace them across all aspects of their operations, including at the employee level. At the heart of this transformative journey lies human resource management, a pivotal lever for shaping a sustainable and environmentally responsible future for organizations. Building Sustainable Human Resources Management Practices for Businesses is a tool for academic scholars and discerning readers who seek to understand and address this urgent issue. This book goes beyond exploration, offering a deeply insightful examination of human resource management's role in fostering sustainability within organizations. By weaving the principles of sustainability with the intricacies of talent management, the book provides readers with the essential insights, practical tools, and real-world examples necessary to navigate the path toward a more eco-conscious approach to HR. From eco-friendly hiring practices to the cultivation of a green organizational culture, each chapter delivers actionable guidance and inspires change. Simultaneously, it delves into the challenges and future prospects of green HR management, exploring how technology, diversity and inclusion, and collaboration with key stakeholders can usher in a greener, more sustainable economy.

Organizational Management Sustainability in VUCA Contexts

Author : Perez-Uribe, Rafael
Publisher : IGI Global
ISBN 13 :
Total Pages : 459 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Organizational Management Sustainability in VUCA Contexts by : Perez-Uribe, Rafael

Download or read book Organizational Management Sustainability in VUCA Contexts written by Perez-Uribe, Rafael and published by IGI Global. This book was released on 2024-03-01 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational Management Sustainability in VUCA Contexts is an insightful and comprehensive book that delves into the complex interplay between sustainability and the challenging landscapes of Volatility, Uncertainty, Complexity, and Ambiguity (VUCA). With a focus on bridging the gap between present and future generations, this book navigates the intricate web of economic success, social development, environmental health, and societal stability. Drawing upon a blend of theoretical foundations and practical examples, this book aims to unravel the phenomenon of sustainability in VUCA contexts by analyzing both exemplary and detrimental management practices across public and private sectors. Through a series of meticulously crafted chapters, the authors assess, treat, communicate, monitor, review, and discuss the methods, best practices, and requisite conditions for fostering sustainable organizations. Targeting a diverse audience of academics, policy makers, and entrepreneurs, this book serves as an invaluable resource for academic institutions, students specializing in business disciplines, and organizations in both public and private spheres. Moreover, anyone with a vested interest in contemporary business issues, prospective strategies, organizational sustainability, and economies in VUCA situations will find this book an indispensable guide.

The Wiley Blackwell Handbook of Judgment and Decision Making, 2 Volume Set

Author : Gideon Keren
Publisher : John Wiley & Sons
ISBN 13 : 1118468392
Total Pages : 1056 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis The Wiley Blackwell Handbook of Judgment and Decision Making, 2 Volume Set by : Gideon Keren

Download or read book The Wiley Blackwell Handbook of Judgment and Decision Making, 2 Volume Set written by Gideon Keren and published by John Wiley & Sons. This book was released on 2016-02-16 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, up-to-date examination of the most important theory, concepts, methodological approaches, and applications in the burgeoning field of judgment and decision making (JDM) Emphasizes the growth of JDM applications with chapters devoted to medical decision making, decision making and the law, consumer behavior, and more Addresses controversial topics from multiple perspectives – such as choice from description versus choice from experience – and contrasts between empirical methodologies employed in behavioral economics and psychology Brings together a multi-disciplinary group of contributors from across the social sciences, including psychology, economics, marketing, finance, public policy, sociology, and philosophy 2 Volumes

Convergence of Human Resources Technologies and Industry 5.0

Author : Kumar, Pawan
Publisher : IGI Global
ISBN 13 :
Total Pages : 386 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Convergence of Human Resources Technologies and Industry 5.0 by : Kumar, Pawan

Download or read book Convergence of Human Resources Technologies and Industry 5.0 written by Kumar, Pawan and published by IGI Global. This book was released on 2024-04-29 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through a combination of rapid technological advancement and the ongoing digital revolution, the role of Human Resources (HR) in shaping organizational trajectories has seen unprecedented growth. The amalgamation of digital HR technologies and the advent of Industry 5.0 pose both exceptional opportunities and formidable challenges, especially for developing economies grappling with resource constraints and skill gaps. These nations stand at a crossroads, where leveraging digital HR technologies becomes imperative for bolstering their competitive edge in the global arena. The book Convergence of Human Resources Technologies and Industry 5.0 undertakes a comprehensive exploration of the impacts, implementation, and repercussions of digital HR technologies within the framework of Industry 5.0 in developing economies. Bridging the gap between theory and practice, it employs a comprehensive approach encompassing theoretical frameworks, empirical investigations, and practical insights from both academia and industry. By offering tangible takeaways, and approaches, it equips readers to adeptly harness the power of digital HR technologies, enabling organizations to thrive in the era of Industry 5.0. Designed for HR professionals, executives, managers, researchers, policymakers, and students, this book delves into critical topics such as understanding the notion of Industry 5.0 in developing economies, exploring the transformative potential of digital HR technologies, and addressing challenges associated with their implementation.

Global Practices on Effective Talent Acquisition and Retention

Author : Christiansen, Bryan
Publisher : IGI Global
ISBN 13 :
Total Pages : 554 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Global Practices on Effective Talent Acquisition and Retention by : Christiansen, Bryan

Download or read book Global Practices on Effective Talent Acquisition and Retention written by Christiansen, Bryan and published by IGI Global. This book was released on 2024-06-03 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies have indicated that employers across the globe face difficulties in filling critical roles, sparking a worldwide "war for talent." This talent war, once a temporary market condition, has now solidified into the "New Normal." Leaders recognize that success in this era demands the construction of optimal teams for strategic competitive advantage amid global uncertainty and hypercompetition. As explored in detail within the pages of Global Practices on Effective Talent Acquisition and Retention, this book serves as an indispensable guide for scholars and practitioners navigating the intricacies of talent management in the current global scenario. This project aspires to create a comprehensive reference material delving into diverse aspects of current global talent realities. It aims to provide scholars and practitioners with recent empirical, practical, and theoretical research on talent acquisition and retention practices worldwide. The emphasis is on sustainable practices that drive organizational success across multiple industries. The impact of this publication will resonate in both application and the direction of future research.

Demystifying the Dark Side of AI in Business

Author : Dadwal, Sumesh
Publisher : IGI Global
ISBN 13 :
Total Pages : 291 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Demystifying the Dark Side of AI in Business by : Dadwal, Sumesh

Download or read book Demystifying the Dark Side of AI in Business written by Dadwal, Sumesh and published by IGI Global. This book was released on 2024-03-11 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demystifying the Dark Side of AI in Business delves into the often-overlooked negative aspects of Artificial Intelligence (AI) and its implications for organizations. In an era where AI is rapidly transforming industries and work environments, it is crucial to understand the potential risks and challenges associated with its implementation. Drawing from a wide range of global perspectives, this book brings together articles from leading researchers, academicians, and professionals across disciplines to shed light on the dark side of AI. Through academic rigor and meticulous analysis, the book addresses key topics such as unethical AI implementation, safety risks, negative social impacts, unintended consequences, and legal concerns surrounding AI adoption. This book covers crucial topics such as governance, ethical concerns, safety risks, social impacts, and future perspectives. By illuminating the negative implications of AI, this book paves the way for responsible and informed AI adoption, ensuring a balance between the potential benefits and the inherent risks associated with this transformative technology. Targeting researchers, academicians, professionals, and students with a wide range of interests, this book offers a rich understanding of the theoretical and practical implications of AI. It serves as a valuable resource for management disciplines like human resource management, marketing, financial management, and operations management, enabling readers to grasp the nuances of ai in different organizational contexts.

Utilizing Generative AI for Cyber Defense Strategies

Author : Jhanjhi, Noor Zaman
Publisher : IGI Global
ISBN 13 :
Total Pages : 546 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Utilizing Generative AI for Cyber Defense Strategies by : Jhanjhi, Noor Zaman

Download or read book Utilizing Generative AI for Cyber Defense Strategies written by Jhanjhi, Noor Zaman and published by IGI Global. This book was released on 2024-09-12 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: As cyber threats become increasingly sophisticated, the need for innovative defense strategies becomes urgent. Generative artificial intelligence (AI) offers a revolutionary approach to enhance cybersecurity. By utilizing advanced algorithms, data analysis, and machine learning, generative AI can simulate complex attack scenarios, identify vulnerabilities, and develop proactive defense mechanisms while adapting to modern-day cyber-attacks. AI strengthens current organizational security while offering quick, effective responses to emerging threats. Decisive strategies are needed to integrate generative AI into businesses defense strategies and protect organizations from attacks, secure digital data, and ensure safe business processes. Utilizing Generative AI for Cyber Defense Strategies explores the utilization of generative AI tools in organizational cyber security and defense. Strategies for effective threat detection and mitigation are presented, with an emphasis on deep learning, artificial intelligence, and Internet of Things (IoT) technology. This book covers topics such as cyber security, threat intelligence, and behavior analysis, and is a useful resource for computer engineers, security professionals, business owners, government officials, data analysts, academicians, scientists, and researchers.

Reshaping CyberSecurity With Generative AI Techniques

Author : Jhanjhi, Noor Zaman
Publisher : IGI Global
ISBN 13 :
Total Pages : 664 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Reshaping CyberSecurity With Generative AI Techniques by : Jhanjhi, Noor Zaman

Download or read book Reshaping CyberSecurity With Generative AI Techniques written by Jhanjhi, Noor Zaman and published by IGI Global. This book was released on 2024-09-13 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: The constantly changing digital environment of today makes cybersecurity an ever-increasing concern. With every technological advancement, cyber threats become more sophisticated and easily exploit system vulnerabilities. This unending attack barrage exposes organizations to data breaches, financial losses, and reputational harm. The traditional defense mechanisms, once dependable, now require additional support to keep up with the dynamic nature of modern attacks. Reshaping CyberSecurity With Generative AI Techniques offers a transformative solution to the pressing cybersecurity dilemma by harnessing the power of cutting-edge generative AI technologies. Bridging the gap between artificial intelligence and cybersecurity presents a paradigm shift in defense strategies, empowering organizations to safeguard their digital assets proactively. Through a comprehensive exploration of generative AI techniques, readers gain invaluable insights into how these technologies can be leveraged to mitigate cyber threats, enhance defense capabilities, and reshape the cybersecurity paradigm.

Judgment in Managerial Decision Making

Author : Max H. Bazerman
Publisher : Wiley
ISBN 13 : 9780471398875
Total Pages : 0 pages
Book Rating : 4.3/5 (988 download)

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Book Synopsis Judgment in Managerial Decision Making by : Max H. Bazerman

Download or read book Judgment in Managerial Decision Making written by Max H. Bazerman and published by Wiley. This book was released on 2001-07-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author is a leading theorist in negotiation and decision-making.

International Business Strategy and Entrepreneurship: An Information Technology Perspective

Author : Ordóñez de Pablos, Patricia
Publisher : IGI Global
ISBN 13 : 146664754X
Total Pages : 367 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis International Business Strategy and Entrepreneurship: An Information Technology Perspective by : Ordóñez de Pablos, Patricia

Download or read book International Business Strategy and Entrepreneurship: An Information Technology Perspective written by Ordóñez de Pablos, Patricia and published by IGI Global. This book was released on 2013-11-30 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a high demand in our society to adopt emerging technologies in all aspects of business and economic activity. As traditional business practices and economic activity are occurring in a global context, new areas of economic development are being recognized as the key enablers of wealth and income production. International Business Strategy and Entrepreneurship: An Information Technology Perspective discusses innovative solutions to research problems and high performance systems while emphasizing the role of IT and management for sustainable development. This book brings together academics, researchers, entrepreneurs, policy makers and government officers aiming to contribute to the debate of technology related to international business and strategic management.