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a deeper explanation of following things, I needed for my book review. 1. According to Carter, Clegg, and Kornberger: Strategy is supposed to lead an

a deeper explanation of following things, I needed for my book review.

1. According to Carter, Clegg, and Kornberger: "Strategy is supposed to lead an organization through changes and shifts to secure its future growth and sustainable success"

2.According to Chandler's model, strategy is driven by environmental changes.

3.Porter's Diamond, when it comes to competition in the homebase, the more competition, the better. Moreover, this model is important in competitive advantage? 4.Michael Porter's concept of the value chain calculates "value added" as the difference between a good/service's cost of production and the revenue it generates??

5. Garbage can theory

6. Decision right- you want people to make good decisions, maximizing the value of the firm. Incentives- make sure that people are incetivities. Make sure people have good/right information to make a good decision. - Good information

-rewards/incentives

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