What are the Value and Assumptions of Business Strategy?
Question
Philip Roscoe argues that economic thinking has become very influential within modern society, and this is certainly true in the area of management and corporate strategy. What underlying assumptions stemming from economic theory can you identify in the article by Peter Cohan? Describe why they are underlying and whether they are reality or value assumptions? Finally, discuss whether you agree with the assumptions you identified. Why or why not?
Dyer, L. (2006). Critical Thinking for Business Students. Captus Press. (Chapter 4: Underlying assumptions)
Roscoe, P. (2014). I Spend Therefore I Am: How Economics Has Changed the Way We Think and Feel. Random House Canada. (Chapter 2: From Truck and Barter to the Meaning of Life)
Sample paper
What are the Value and Assumptions of Business Strategy?
Economic thinking according to Roscoe (2014) has turned to be greatly influential in modern society, and this is undoubtedly true in the area of corporate strategy and management. Organization leaders are focusing on employing the best management and corporate...