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Financial analysis and strategic management
Authors:Irene M. Duhaime  Howard Thomas
Abstract:Applications of financial analysis and planning models to strategic management are presented and discussed in this article. The authors first define the concept of strategy and the nature of strategic problems, then present a useful organizing paradigm of the strategic management field. Against that backdrop, financial analysis applications are discussed. Various financial analysis and planning models are reviewed, focusing on their usefulness to strategic management. Suggestions for future research directions are raised and considered.
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