Taxonomic Mental Models in Competitor Definition

In this article, a cognitive approach to the problem of competitor definition is outlined, which begins with a discussion of the information-processing demands implied by current models of competitive strategy. How decision makers simplify the competitive environment by using a mental model of compe...

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Bibliographic Details
Main Authors: Porac, Joseph F., THOMAS, Howard
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1990
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1857
https://ink.library.smu.edu.sg/context/lkcsb_research/article/2856/viewcontent/Porac_TaxonomicMentalModels_1990_pv__1_.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:In this article, a cognitive approach to the problem of competitor definition is outlined, which begins with a discussion of the information-processing demands implied by current models of competitive strategy. How decision makers simplify the competitive environment by using a mental model of competitive groups is then discussed. Finally, the implications of a cognitive approach for the classifying organizations and organizational adaptation are commented on.