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London: W. Strahan and T. Cadell. Steiner, G. 1969. Top Management Planning. New York: Macmillan. Thompson, J. , 1967. Organizations in Action: Social Science Bases of Administrative Theory. New York: McGraw-Hill. Tolstoy, L. 1941. War and Peace, translated by Louise and Aylmer Maude. London: Oxford University Press. Originally published in 1863-69. , and P. Lorange. 1977. Strategic Planning Systems. : Prentice-Hall. 3 The Technology-Strategy Interface Technology and strategy represent two very complex areas of thought.
This definition deals with the determination of goals, the methods of attack, and an analytical framework necessary for creating policy. The executive has to determine the goals. The final definition cannot be attributed to any specific person. It has been the lingua franca of the academic for a number of years. Strategy is the creation of a defensible competitive advantage. This definition suggests that organizations are and/or should be seeking positions in which they can exhibit a measure of monopolistic power.
The selection of products to improve utilization of capacity often creates a significant diversity in the pattern of resource application. Capacity utilization usually creates a wider gap between the original products and those selected to more effectively use either productive capacity or distributive capacity. A soft drink manufacturer, for example, added potato chips to its line to better utilize its existing distribution system. Both products were sold through the same outlets although the lines had opposite seasonal sales peaks: soft drinks were summer products; potato chips were winter products.