Upper Ochelons

With reference to the “upper echelons” perspective (Hambrick and Mason, 1984) give an example of how this might affect a firm’s ability to perceive new threats.
You may use the Jewellery mini-case as an example). How well do you think Upper Echelons theory explains the jeweller’s behaviour?  Are there other theories which could also add insight into his attitudes and perceptions?

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