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Title: Strategic Management : Building and Sustaining Competitive Advantage by Robert A. Pitts, David Lei ISBN: 0-324-11689-6 Publisher: South-Western College Pub Pub. Date: 05 June, 2002 Format: Paperback Volumes: 1 List Price(USD): $67.95 |
Average Customer Rating: 2.5 (2 reviews)
Rating: 1
Summary: One of the worst textbooks that I have ever used
Comment: This textbook is the required text for a graduate level business course in which I am currently enrolled. My opinion, as well as nearly all of my classmates, is that this book offers very little for those in business wanting to learn about strategic management.
An example of what I mean is the following sentence taken from the book: "Firms that have built substantial sources of competitive advantage often enjoy high levels of profitability." Really? The text continues to state obvious points such as this.
This book contains about 10 % of material and 90 % filler. It could probably have been condensed to about 20 pages of bullet points without losing any of the content. Many textbooks have a problem with lack of brevity, however this book is the worst that I can remember since my days in high school.
As a business professional who values his time, I do not have time to waste reading filler. This book is so poor that if it wasn't being used to teach the final course in my program I would have dropped the course.
Rating: 4
Summary: Strategic Management (2nd Edition) by Pitts & Lei
Comment: Pitts & Lei's (revised) 2nd edition is a solid, well-written strategic management textbook. Topical coverage is both traditional and well informed. The only exception to the foregoing is Chapter 11 that seems to be slightly "muddy" and confusing. From my perspective, as an instructor who has taught strategic management for the last fifteen years and actually practiced strategic management for fifteen years in industry, the only "missing element" is a chapter on "network" or virtual organizations. Chapter 12 (Managing Strategic Change) and Chapter 13 (Redefining Advantage) are excellent, both in terms of content and exposition.
The book includes cases (suitable for classroom discussion) and review questions in each chapter. Each chapter also has an excellent set of references. The ancillaries are complete with the exception that no test bank is provided for an instructor's use. I recommend this text to anyone teaching undergraduate strategic management and also to any reader interested in learning what strategic management is all about.
This book compares quite favorably to several of the much more expensive strategy texts like David, Thompson and Strickland and Pearce and Robinson. The book is good value for the money.
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Title: Business Ethics: Case Studies and Selected Readings by Marianne M. Jennings ISBN: 0324110804 Publisher: South-Western College Pub Pub. Date: 01 July, 2002 List Price(USD): $62.95 |
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Title: Marketing Management by Philip Kotler ISBN: 0130336297 Publisher: Pearson Education Pub. Date: May, 2002 List Price(USD): $130.00 |
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Title: Business Ethics: Concepts and Cases (5th Edition) by Manuel G. Velasquez ISBN: 0130938211 Publisher: Prentice Hall Pub. Date: 27 June, 2001 List Price(USD): $64.00 |
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Title: Managerial Economics by S. Charles Maurice, Christopher R Thomas ISBN: 0072392916 Publisher: McGraw-Hill/Irwin Pub. Date: 25 July, 2001 List Price(USD): $129.60 |
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Title: International Financial Management by Jeff Madura ISBN: 032416551X Publisher: South-Western College Pub Pub. Date: 12 March, 2002 List Price(USD): $112.95 |
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