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Chapter 23 PLANNING AND PROBLEM SOLVING IN MARKETING: A BOOK REVIEW Wroe Alderson and Paul Green. Homewood, Ill.: Richard D. Irwin, Inc., 1964. 661 pp. $13.35. Arnold E. Amstutz Sloan School of Management, Massachusetts lnstitute of Technology This volume contains the beginning of four books: a practical philosophy of management by authors’ well-acquainted with corporate infrastructures, an exposition of Bayesian decision theory by its foremost proponent, a how-to guide to executive planning and control, a pragmatic review of approaches to marketing strategy formulation and execution The book begins with Wroe Alderson’s sagacious observations on leadership, organizations, and executive personalities and motivations. His comments on the mechanics of power reveal an empathetic understanding of “the type of man who wants to sit at the head of the table.” His “six or seven general views of how to manage a business” provide a multidimensional evaluation of alternative management approaches ranging from the well-tuned up business that can run itself to the formal planning and systems approach associated with management by decision rule. Because of his discernment the reader may be disappointed by the lack of discussion in support of the author’s commitment to the negotiative process perspective. Those who matched wits
Published: Jan 1, 2006
Keywords: Structural Principle; Warehouse Location; Minimax Regret; Bayesian Decision Theory; Market Planning
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