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Corporate Responsibility and Hypercompetition. The IKEA Case
Author(s) -
Elisa Arrigo
Publication year - 2005
Publication title -
symphonya emerging issues in management
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2005.2.04arrigo
Subject(s) - business , globalization , industrial organization , quality (philosophy) , strengths and weaknesses , control (management) , marketing , market economy , economics , management , philosophy , epistemology
The rapid changes caused by growing complexity, accelerating technological innovation and globalisation, have driven companies to play a precise economicsocial role. Hypercompetition implies a substantial change in a company’s strategic objectives: every advantage gained over the rivals is rapidly imitated and surpassed. Hypercompetition needs from the company the ability to control simultaneously: costs and quality; timing and know-how; strengths and weaknesses; financial resources. Following the expansion of its target market which has become global, a company often adopts a network structure. The network requires the activation of relations with local interlocutors and presupposes a coordinated system of values inside the organisation

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