• Research Paper on:
    Economic Positioning and Corporate Strategy

    Number of Pages: 10

     

    Summary of the research paper:

    In an essay consisting of ten pages corporate strategy and economic positioning are considered with an assessment of theories by Michael Porter, C.K. Prahalad, Gary Hamel, and Oliver Williamson with examples provided. Seven sources are cited in the bibliography.

    Name of Research Paper File: D0_SNCorp12.doc

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    ones rivals - often much easier said than done. Bibliography lists 7 sources. SNCorp12.doc Corporate Strategy: Economists Jockey for Position Written   by Susan A. Nelson - July, 2001 For More Information On This Paper Please Introduction After decades of relative neglect theories relevant to the corporation have again  become one of the most rapidly expanding research areas in economics. It has become obvious that no organization is an island unto itself. All organizations -- large or  small, business or non-profit --operate within constructs and environments that simultaneously stimulate and constrain their structure and actions. These environments are said to be comprised of other organizations such as:  customers, suppliers, competitors, and regulatory agencies, and the like. In addition, each encompasses divergent strategic, political, economic, social, cultural and technological forces that affect organizations. To keep pace  with and delineate subjective though surprisingly discerning ideology germane to a corporations strategy, a number of economists have waxed philosophic in their perspective works. This essay examines some of  the prevalent theories purported by economics professors, Oliver Williamson, Gary Hamel / C.K. Prahalad, and Michael Porter. Additionally, by way of example an active corporation (Microsoft) is cited with  the view of critically analyzing its strategies as they pertain to specific theories. Pivotal Economists In 1991 Oliver E. Williams broke ground in his critically acclaimed paper, Comparative  Economic Organization: The Analysis of Discrete Structural Alternatives that appeared in Administrative Science Quarterly. (Later, in 1994 the Institute for Contemporary Studies published it in a Williamson collection.)  In it he outlined what he believed to be the influence of TCE (transaction costs economics) on an organizations strategy. Williamson has devoted much of his career to specifying the 

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