At Google the culture is very rigid, while in contrast the culture at Proctor & Gamble is
very informal.
The firm should pursue conservative strategies if the coordinates of a SPACE
directional vector are (-1, +4).
Time spent with the family and the quality of relationships are more important in some
cultures than the personal achievement and accomplishments espoused by the
traditional U.S. manager.
Annual objectives are key components in the strategic-management process because
they dictate how resources will be allocated.
First mover advantage refers to the benefits a firm may achieve by entering a new
market or developing a new product or service prior to rival firms.
Joint ventures tend to fail when managers who must collaborate daily in operating the
venture are not involved in forming or shaping the venture.
Many organizations mistakenly spend more time and effort on the implementation of a
plan, than on the formulation of the plan itself.