Question: Imitation strategies are based on the idea of copying another
Imitation strategies are based on the idea of copying another firm’s idea and using it for your own purposes. Is this unethical or simply a smart business practice? Discuss the ethical implications of this practice (if any).
Answer to relevant QuestionsWhy effective strategic control systems are so important in today’s economy? Why is it important to avoid a “one best way” mentality concerning control systems? What are the consequences of applying the same type of control system to all types of environments? Using the Internet, go to the Web site of a large, publicly held corporation in which you are interested. What evidence do you see of effective (or ineffective) corporate governance? What are some of the key attributes of effective groups? Ineffective groups? If a firm enters into a strategic alliance but does not exercise appropriate behavioral control of its employees (in terms of culture, rewards and incentives, and boundaries—as discussed in Chapter 9) that are involved in ...
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