MGT 3830 Lecture : Ch2Whittingtonnotes
Document Summary
From main to california the capitalistic american democrat relishes that most. American of sneers, that american question: if you"re so smart why aren"t you rich?". The four basic conceptions of strategy: rational reasonable, fatalistic pessimistic, pragmatic sensible, relativist perspective, oldest and most influential relies on the rational planning methods. We simply do not know what strategy is or how to develop a good one. Evolutionary and processual: strategy in the classical sense of rational planning does not really matter; plans are bound to be overwhelmed by events or undercut by error. Anglo-saxon economies characterized by the shock of transition towards the. New economy" of info, services, and the internet: fast-moving, flexible and sometimes ruthless strategizing is better suited to the emergent economic conditions of the 21st century. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.