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The aim of this study is to examine the relationships between profits and risks of five companies which are Chevron,ConocoPhillips,Valero Energy Corporation, Occidental Petroluem Corpotion,ExxonMobil Corporation.This study was carried out using the secondary data which was obtained from the...
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Managers operate in a complex, uncertain environment and tend to form simplified models in order to cope with this environment and make competitive strategic decisions (i.e., cost-leadership, differentiation, or focus). In this study, we use an experimental design to examine the strategic choice...
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