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Jun 2, 2020 · Finally, to contribute towards greater rationality in strategic management practice, an actionable definition of strategic rationality is formulated that includes all references and canons. For strategists working in and for firms, acquiring knowledge about the business world is dependent on a rational process of collecting, organizing, and in
- Roeland van Straten
- vanstraten@seyst.nl
- 2020
Apr 9, 2015 · Behaviorism is consistent with the assumptions of perfect competition, with the homo economicus model, and with a form of ethics that enshrines market-based notions of utility, justice, and rights and encourages rational maximizing. Economics and business courses foster this deficient form of ethics, assuming an overriding desire for money, which, according to MacIntyre and Aristotle, crowds ...
- Edwin M. Hartman
- hartmanedwin@hotmail.com
- 2015
Key Takeaways. Rationality. Is used to measure and analyze our environment. Is used to justify our actions. Is the basis for social interactions. Takes many forms. Grant, R. M. (1996). Toward a Knowledge-Based Theory of the Firm. Strategic Management Journal, 17 (S2), 109–122. ↵.
- Brad C. Anderson
- 2020
Bounded rationality theory focuses on individual decision-making and may overlook the influence of social and organizational factors on decision-making processes. Decision-making in organizations is a complex process involving multiple stakeholders, power dynamics, and organizational culture , which may not be fully captured by the theory.
The new discipline adopted the basic structure of rational management. Policy objectives having been set or assumed, the task was to gather information, analyse it, make a rational decision, and implement that decision. Business strategy focused mainly on the analysis and decision making, implementation being dismissed as not really strategic.
Rationality in Management Theory and Practice: An Aristotelian Perspective Edwin M. Hartman1 Published online: 9 April 2015 # Springer International Publishing AG 2015 Abstract Behaviorism is consistent with the assumptions of perfect competition, with the homo economicus model, and with a form of ethics that enshrines market-based notions of
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Jan 1, 2015 · AbstractMuch of the formal modelling work in the organizational sciences relies on Herbert Simon's conception of bounded rationality, and it stakes a claim to drawing on behaviorally plausible assumptions about human behavior and action in organizations. The objectives of our review are threefold. First, we summarize the formal literature by “model families”—classes of models sharing the ...