I

TWELFTH EDITION

Organization Policy

Jones L. Wheelen

Formerly with University of Virginia Trinity College, Dublin Ireland

M. David Food cravings

Iowa Point out University St . John's College or university

Prentice Area Boston Columbus Indianapolis New york city San Francisco Uppr Saddle Riv Amsterdam Shawl Town Lebanon London This town Milan Munich Paris Montreal Toronto Delhi Mexico Town Sao Paulo Sydney Hk Seoul Singapore Taipei Tokyo

Preface 30 PART ONE PARTICULAR CHAPTER one particular Introduction to Ideal Management and Business Plan Basic Principles of Ideal Management 50 1 . one particular The Study of Tactical Management Levels of Proper Management Great things about Strategic Administration 53 fifty four 53

forty-nine

1 . two Globalization and Environmental Durability: Challenges to Strategic Administration 55 Impact of Globalization 56 56 57 sixty

Impact of Environmental Durability

Global Issue: REGIONAL CONTROL ASSOCIATIONS CHANGE NATIONAL OPERATE BARRIERS Environmental Sustainability Issue: PROJECTED ASSOCIATED WITH CLIMATE TRANSFORM

1 . several Theories of Organizational Variation 1 . 5 Creating a Learning Organization sixty one

60

1 . 5 Basic Model of Strategic Management Environmental Scanning Technique Formulation sixty five 64

sixty two

Strategy Spotlight 1 . one particular: DO YOU HAVE A FANTASTIC MISSION STATEMENT?

66

Strategy Implementation Analysis and Control

69 75 71 71

72

Feedback/Learning Process

1 . 6 Avertissement of Approach: Triggering Events 1 . several Strategic Decision Making 73 73

Strategy Spotlight 1 . 2: TRIGGERING FUNCTION AT UNILEVER

What Makes a Decision Strategic

Mintzberg's Modes of Strategic Making decisions

73 seventy five 76

Proper Decision-Making Method: Aid to Better Decisions 1 . 8 The Strategic Examine: Aid to Strategic Decision-Making 1 . 9 End of Chapter Synopsis 77 82

APPENDIX 1 ) A Strategic Taxation of a Company

CONTENTS PHASE 2 Corporate and business Governance 90 93 93 96

2 . 1 Part of the Table of Company directors Responsibilities of the Board

Users of a Panel of Company directors

Strategy Emphasize 2 . you: AGENCY THEORY VERSUS STEWARDSHIP THEORY IN CORPORATE GOVERNANCE 98

Nomination and Political election of Table Members Firm of the Table 102

101

Impact with the Sarbanes-Oxley Address U. H. Corporate Governance

103

104

Global Concern: CORPORATE GOVERNANCE IMPROVEMENTS ACROSS THE WORLD

Trends in Corporate Governance 2 . a couple of The Role of Top rated Management

one zero five 106

Responsibilities of Top Management 106 Environmental Sustainability Concern: CONFLICT IN THE BODY SHOP 107 2 . 3 End of Chapter Summary SECTION 3 128 118 one hundred twenty -

Sociable Responsibility and Ethics in Strategic Supervision 3. you Social Responsibilities of Strategic Decision Makers Required a Business Company 120 123

Sustainability: A lot more than Environmental? Company Stakeholders 123

Environmental Durability issue: THE DOW JONES SUSTAINABILITY INDEX 124 Technique Highlight three or more. 1: MEEKS & MANLEY CREDO 126 3. two Ethical Making decisions 127 127 Some Reasons for Unethical Patterns

Strategy Focus on 3. 2: UNETHICAL METHODS AT ENRON AND WORLDCOM EXPOSED BY " WHISTLE-BLOWERS" 128 Global Issue: HOW RULE-BASED AND RELATIONSHIP-BASED GOVERNANCE SYSTEMS HAVE AN EFFECT ON ETHICAL TENDENCIES 129

Motivating Ethical Patterns 3. three or more End of Chapter Synopsis 134

131

Ending Case for Part 1: BLOOD BANANAS 138

PARTJWO____Scanning_the Environment PHASE 4

141 142

146

Environmental Deciphering and Sector Analysis

5. 1 Environmental Scanning 146 Identifying Exterior Environmental Factors

CONTENTS

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Environmental Durability Issue: TESTING AND DIMINISHING YOUR PERSONAL CARBON DIOXIDE FOOTPRINT 148 Global Issue: IDENTIFYING POTENTIAL MARKETS IN DEVELOPING INTERNATIONAL LOCATIONS Identifying External Strategic Elements 156 155

4. 2 Industry Examination: Analyzing the work Environment Porter's Approach to Sector Analysis Market Evolution 162 162 158

157

Categorizing International Sectors International Risk Assessment Proper Groups Ideal Types Hypercompetition 163 one hundred sixty five 165 163

Using Important Success Factors...

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