Market Contingent Managerial Hierarchies
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Market Contingent Managerial Hierarchies
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Author : Kieron J. Meagher
language : en
Publisher:
Release Date : 2023
Market Contingent Managerial Hierarchies written by Kieron J. Meagher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with Industrial management categories.
We present a formal model of how the size of a firm's administrative staff depends on the environment in which it operates. We consider a monopolist that introduces a new product in the face of market uncertainty. In a model that incorporates an information-processing view of the managerial hierarchies into a product choice problem, we relate optimal size of organizations to the speed of change in market conditions and to more standard parameters of demand. We show that faster-changing environments lead to smaller management structures, which is consistent with anecdotal evidence of both flattening and decentralization by firms in response to faster-changing consumer tastes. When the environment is changing more quickly, it is better to aggregate less information to reduce the inexorable delay that occurs even when information processing is decentralized. This occurs both for positive managerial wages and in a benchmark model of zero managerial wages. An improvement of information technology, which we take to be an increase in the speed at which each manager can process information, has a similar effect, though it is more subtle. On the one hand, such a speedup is like a decrease in the speed of change of the environment, so that the firm processes more information. On the other hand, any fixed amount of information can be processed with fewer "person-hours" and hence with fewer managers. When the managerial wage is zero, these two effects exactly cancel each other, so that management size does not depend on information technology. However, when the managerial wage is positive, the firm chooses to economize on managers when they become more productive, so that an improvement in information technology leads to a shrinking of the management size. In other results, we show that the change in the optimal size of the organization is non-monotonic in both the dispersion of consumer preferences and the "transport cost" parameter, while the optimal size increases as the consumers' value of the product increases.
Market Contingent Managerial Hierarchies
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Author :
language : en
Publisher:
Release Date : 2013
Market Contingent Managerial Hierarchies written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Public Management And The Metagovernance Of Hierarchies Networks And Markets
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Author : Louis Meuleman
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-04-03
Public Management And The Metagovernance Of Hierarchies Networks And Markets written by Louis Meuleman and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-03 with Business & Economics categories.
Public managers can, to a certain extent, choose between various mana- ment paradigms which are provided by public and business administration scholars and by politicians as well. How do they find their way in this c- fusing supermarket of competing ideas? This book explores how public managers in Western bureaucracies deal with the mutually undermining ideas of hierarchical, network and market governance. Do they possess a specific logic of action, a rationale, when they combine and switch - tween these governance styles? This chapter sets the scene for the book as a whole and presents the - search topic and the research question. 1.1 Problem setting Since the Second World War, Western public administration systems have changed drastically. The hierarchical style of governing of the 1950s to the 1970s was partly replaced by market mechanisms, from the 1980s - wards. In the 1990s, a third style of governing, based on networks, further enriched the range of possible steering, coordination and organisation - terventions. In the new millennium, public sector organisations seem to apply complex and varying mixtures of all three styles of what we will - fine as governance in a broad sense. This development has brought about two problems.
Adaptation Specialization And The Theory Of The Firm
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Author : Birger Wernerfelt
language : en
Publisher: Cambridge University Press
Release Date : 2016-10-27
Adaptation Specialization And The Theory Of The Firm written by Birger Wernerfelt and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-27 with Business & Economics categories.
An up-to-date analysis of the theory of the firm, including the latest research on the resource-based view.
Markets Hierarchies And Networks
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Author : Grahame Thompson
language : en
Publisher: SAGE
Release Date : 1991-12-30
Markets Hierarchies And Networks written by Grahame Thompson and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-12-30 with Social Science categories.
This interdisciplinary reader provides a distinctive introduction to the way social, political and economic life is coordinated. It brings together three quite different models of coordination - markets, hierarchies and networks - and places them into a comparative framework, presenting a comprehensive and insightful overview of social coordination. The articles dealing with each model explore the characteristics of that coordinating mechanism, outlining key theoretical issues and drawing on various empirical examples. The final section shows how these models can be compared and contrasted. It also assesses the respective strengths, weaknesses and limitations of each model. Markets, Hierarchies and Networks is a set
The Management Task
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Author : Rob Dixon
language : en
Publisher: Routledge
Release Date : 2007-08-22
The Management Task written by Rob Dixon and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-22 with Business & Economics categories.
This is a third edition of the Management Task, a diploma level book in the Chartered Management of Institute series. This book addresses the task of management in terms of the different processes involved , for example, planning, decision-making, organizing, communication, and the more specific management functions such as personnel, marketing and the environment of management and business. It covers the knowledge and understanding required as part of any competency-based management programme. This new edition has nearly doubled in length to cover the new areas of the CMI diploma syllabus and now includes two new sections on marketing and new management thinking.
Contingency Behavioural And Evolutionary Perspectives On Public And Non Profit Governance
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Author :
language : en
Publisher: Emerald Group Publishing
Release Date : 2015-11-10
Contingency Behavioural And Evolutionary Perspectives On Public And Non Profit Governance written by and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-10 with Political Science categories.
This volume accesses governance in public and non-profit organizations. Building on and challenging recent research in this area, this volume critically examines the contextual, behavioural and historical factors of governance.
The Contingency Theory Of Organizations
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Author : Lex Donaldson
language : en
Publisher: SAGE
Release Date : 2001-02-20
The Contingency Theory Of Organizations written by Lex Donaldson and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-02-20 with Business & Economics categories.
This volume presents a comprehensive, in-depth analysis of the theories, evidence and methodological issues of contingency theory - one of the major theoretical lenses used to view organizations.
The Handbook Of Field Marketing
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Author : Alison Williams
language : en
Publisher: Kogan Page Publishers
Release Date : 2009-06-03
The Handbook Of Field Marketing written by Alison Williams and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-03 with Business & Economics categories.
If you are involved in field marketing, this is the book for you. Whether you are working within a company and seeking to employ a field marketing agency, or you work for such an agency and want to ensure best practice, The Handbook of Field Marketing is the essential handbook for success. Crammed with self study questions, case studies, and proven advice for success, this book offers a blueprint for best practice, enabling you to undertake robust, rigorous and meaningful brand research. The Handbook of Field Marketing reveals the best techniques to ensure profitable brand maximization for your company's products (or those of the client company), whether measured by brand visibility, product availability, positioning, performance against competitors or overall sales performance.
Managerial Dilemmas
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Author : Gary J. Miller
language : en
Publisher: Cambridge University Press
Release Date : 1992
Managerial Dilemmas written by Gary J. Miller and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
Managerial Dilemmas extends the use of analytical techniques from organisational economics to the spheres of organisational culture and leadership in politics and business.