When do efficiency and flexibility determine a firm's performance? A simulation study

Purpose: Using general systems theory, we present a series of simulations that shed light on the viability of business strategies in stable and turbulent business environments. Special attention is given to the impact of efficiency versus flexibility on firm performance, and on what the simulations...

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Bibliographic Details
Main Authors: Chang, J. (Author), Phillips, F. (Author), Su, Y.-S (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2019
Subjects:
Online Access:View Fulltext in Publisher