By F. Forsberg, F. Saharil, T. Haraldsson, N. Roxhed, G. Stemme, W. van der Wijngaart, F. Niklaus
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McLean, J. (2006). Globalisation is here to stay. British Journal of Administrative Management 53. , Parkin M. (1996). Economics. 2nd edn. Sydney: AddisonWesley Publishing Company. Mintzberg, H. (1990). ‘Strategy formation: school of thought’, in J. W. ), Perspective on Strategic Management, New York: Harper Business. Mintzberg, H. (1990) The design school: reconsidering the basic premises of strategic management. Strategic Management Journal 11, 171–95. Mintzberg, H. and McHugh, A. (1985) Strategy formation in an adhocracy.
Increasingly, all companies are global, and those that succeed will glean every bit of business advantage they can from every corner of the globe. 10 Saee Multinational mindset The multinational mentality is different from the international mentality because the former exhibits sensitivity to the local markets where its subsidiaries are located. The multinational company customises its products and services to suit the needs of its individual markets. Management is decentralised and this means that the parent company gives the subsidiaries the freedom to operate as it sees fit in its respective local markets (8).
Such a concept has been referred to as ‘procedural rationality’ (26). In this study, 8 Saee strategy formation refers to the setting of goals and the analyses that underlie the generation, evaluation and selection of strategies necessary to achieve these organisational goals. Therefore, strategy formation is concerned with both the allocation of resources and the development of organisational processes necessary to achieve the long-term goals of the organisation (91). Fredrickson (35) considered strategy formation in terms of the comprehensiveness of the processes involved and described it as the ‘extent to which an organization attempts to be exhaustive or inclusive in making and integrating strategic decisions’ (p.
[Article] A comparative study of the bonding energy in adhesive wafer bonding by F. Forsberg, F. Saharil, T. Haraldsson, N. Roxhed, G. Stemme, W. van der Wijngaart, F. Niklaus