Is business strategy from a positioning and resource-based perspective relevant for national institutions?
To ascertain whether business strategy is relevant for national institutions a distinction is made between private businesses and institutions as “social business units” of a country. In “social businesses” as well as in private businesses, efficiency is the desired outcome. However, in privat...
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| Format: | Article |
| Language: | English |
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AfricaJournals
2014-01-01
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| Series: | African Journal of Hospitality, Tourism and Leisure |
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| Online Access: |
http://www.ajhtl.com/uploads/7/1/6/3/7163688/article_31_vol._3_1_june_2014.pdf
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| Summary: | To ascertain whether business strategy is relevant for national institutions a distinction is made
between private businesses and institutions as “social business units” of a country. In “social
businesses” as well as in private businesses, efficiency is the desired outcome. However, in private
businesses it is about sustainable competitive advantage while in institutions it is about policies to
resolve the socio and economic problems that a country faces in order to increase welfare of society
as a whole. The conclusion is that business strategy form the positioning and resource-based
perspectives, does not apply to social businesses such as national institutions. |
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| ISSN: | 2223-814X |