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On Application of Abductive Reasoning for Strategic Cases Solution

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F18%3A00109240" target="_blank" >RIV/00216224:14560/18:00109240 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    On Application of Abductive Reasoning for Strategic Cases Solution

  • Original language description

    In corporate strategic management, the main value is knowing what, how, and when other players, who compete for a larger market share or better relationships with stakeholders or the company, are planning to do; this means solving strategic cases. The aim of this paper is to propose a procedure for solving strategic cases in the form of systematic rational inference of current and future moves of strategically relevant subjects in the form of a reconstruction of causal chains based on evaluation of facts and experimentation. The methodology proposed here is a part of a new method of corporate strategic management using a stakeholder approach based on game theory (which is being developed at the Faculty of Economics and Administration of Masaryk University) and use of abductive reasoning and Charles Sanders Peirce’s trichotomy of methods. Solvers of strategic cases find themselves in situations which need to be clarified, while only possessing partial information from the whole chain of events. It is necessary to widen our knowledge through inference to include an explanation of how the situation happened and a prediction of future events, which provide the desired focus of strategic management on the future.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the International Scientific Conference of Business Economics, Management and Marketing 2018

  • ISBN

    9788021091641

  • ISSN

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    26-32

  • Publisher name

    Ekonomicko-správní fakulta MU

  • Place of publication

    Brno

  • Event location

    Brno

  • Event date

    Jan 1, 2018

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000495441500004