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- W1822142543 abstract "■ Increased exposure of national economies to global markets has at the corporate level meant increased attention to exchange rates, interest rates, inflation and relative prices. These variables cannot be viewed as independent, since they adjust in various ways to macroeconomic shocks. Corporate strategic planning must be able to take this interdependence into account and, furthermore, form a strategy for dealing with macroeconomic uncertainty as distinct from uncertainty concerning factors within the firm's primary business sphere. ■ This article presents the foundations on which a strategy for management of macroeconomic uncertainty can be build. Key elements are related to the firm's objective such as target variable, time horizon and risk attitude as well as a view about the adjustment process in financial and goods markets." @default.
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- W1822142543 date "1991-01-01" @default.
- W1822142543 modified "2023-09-25" @default.
- W1822142543 title "Corporate Strategies in a Turbulent World Economy" @default.
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