Cognition and Decision Making in Diversified Firms
Advances in Business Research
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Title |
Cognition and Decision Making in Diversified Firms
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Creator |
Stimpert, Larry; Colorado College
Duhaime, Irene; Georgia State University |
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Subject |
Management
Strategy; diversification |
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Description |
The study reported here sought to develop top managers' beliefs about the management of diversification and to determine whether these beliefs are associated with key decisions. The study identified three broad sets of beliefs or orientations about the management of diversification that are commonly held by executives of large diversified firms. The study found that these management orientations are significantly associated with a number of strategic choices, including decisions about the extent of diversification, divestment activity, new product development efforts, and research and development spending. The results illustrate the influence of managerial cognition on strategic decision making and shed additional light on the management of diversification and corporate strategy.
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Publisher |
Tarleton State University and the University of Arkansas - Fort Smith
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Contributor |
—
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Date |
2010-12-13
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Articles Survey |
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Format |
application/pdf
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Identifier |
http://journals.sfu.ca/abr/index.php/abr/article/view/15
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Source |
Advances in Business Research; Vol 1, No 1 (2010); 62-72
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Language |
eng
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Relation |
http://journals.sfu.ca/abr/index.php/abr/article/view/15/9
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Rights |
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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