Authored by K. R. Pillai
Professor, Manipal Institute of Management, Academy of Higher Education, Manipal, India
Authored by K. Sankaran
Professor & Director, Justice KS Hegde Institute of Management NITTE, India
Authored by Nandan Praphu K. P.
Associate Professor, Manipal Institute of Management, Manipal Academy of Higher Education, Manipal, India
Volume II, Issue 2 | November 29, 2021
The paper examines how the theory of Pañca-mahābhūta looks at business situations as articulated in systems thinking in order to create learning organisations. The approach of the study is heuristic and uses a meta-theoretical narrative. The study identifies the conceptual correspondence between Pañcamahābhūta and the five forces of competition. The outcome of the study presents four postulates that have emerged from the meta-theoretical review of Pañca-mahābhūta. To the best of our knowledge, this is a pioneering endeavor that examines the theoretical and operational congruence of the two structural edifices from a multidisciplinary perspective.
Keywords: Competitive strategy, Five forces of competition, Integrative approach, Metatheory, Pañca-mahābhūta.
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