Improvement of the Algorithm for Outlining the Corporate Strategy on the Basis of Non-discrete Logical Modeling and the Theory of Games Cover Image

Improvement of the Algorithm for Outlining the Corporate Strategy on the Basis of Non-discrete Logical Modeling and the Theory of Games
Improvement of the Algorithm for Outlining the Corporate Strategy on the Basis of Non-discrete Logical Modeling and the Theory of Games

Author(s): Konstantins Pudovskis, Edgars Vasermanis
Subject(s): Economy
Published by: Vytauto Didžiojo Universitetas
Keywords: strategy; corporation strategy; strategic management.

Summary/Abstract: At the stage of the Latvian economy being adapted to the European and World economies the ways to define the corporate strategy of development acquire certain significance. At the same time, the reliability of the available methods, are insufficient. The purpose of the paper is to review the main approaches towards these methods, to reveal their advantages and drawbacks, as well as to describe a new approach which is based on the non-discrete logical modeling and on the theory of games, which offers a congruent methodology how to develop a medium-term corporate strategy.

  • Issue Year: 2003
  • Issue No: 28
  • Page Range: 185-194
  • Page Count: 20
  • Language: English