Merten, Peter P., "Loop-Based Strategic Decision Support Systems- Theory and Application", 1989

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During the last few years we have witnessed the development of two main lines in computeroriented strategic decision support- quantitative simulation approaches und qualitative knowledge based (expert-) systems. As we will show in this paper the process of strategy making can be improved by combining the two approaches within loop-based strategic decision support systems.The potential of the loop-based strategic decision support approach is demonstrated with the “know-how transfer model” which explains the evolution of multinational corporations in less developed countries and which helps to improve the strategic internationalization and know-how transfer decisions.

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  • 1989
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System Dynamic Society Records

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