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Full-Text Articles in Business
Classifying Control Variables, Michael F. Van Breda
Classifying Control Variables, Michael F. Van Breda
Historical Working Papers
Interviews with 68 managers from 20 Fortune 500 firms were used to discern control variables that managers use to control production and evaluate management performance. It was concluded that financial accounting variables tend to be the most used and as a corollary, the control variables do not serve very well in evaluating progress toward long- term goals. Discussion suggests that accounting variables are most appealing because of their appearance of validity and legitimacy.
A Framework For Formulating Response To Environmental Complexity: A Tool To Manage Diversity, William R. Bigler, Jr.
A Framework For Formulating Response To Environmental Complexity: A Tool To Manage Diversity, William R. Bigler, Jr.
Historical Working Papers
This paper addresses the role that relationships among firms plays in complex industries. The complexity in both products and markets influences the structure of industries and the necessary actions firms may take to minimize risk.