How strong is your firm's competitive advantage? /
Perhaps the most confounding characteristic of the competitive marketplace is that everyone wants a piece of the action. If a firm successfully enters a new market, creates a new product, or designs new innovations for an existing product, it's just a matter of time before competitors follow su...
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| Format: | eBook |
| Language: | English |
| Published: |
New York, New York (222 East 46th Street, New York, NY 10017) :
Business Expert Press,
2016.
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| Edition: | Second edition. |
| Series: | Economics collection.
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| Subjects: | |
| Online Access: | Click to View |
Table of Contents:
- Part I. If you could choose any price, what would it be? Fundamentals for the single price firm
- 1. Economics and the business manager: what is economics all about?
- 2. The shareholders want their profits, and they want them now: short-run profit maximization for the firm
- Part II. What does five forces model say about your firm?
- 3. Warning: cheaper substitutes are hazardous to your profits
- 4. We could make more money if our competitors would just go away
- 5. Is my supplier holding five aces? The bargaining power of suppliers
- 6. When the buyer holds six aces: the bargaining power of buyers
- 7. How to keep firms from beating each other up
- Appendix I. How strong is your firm's competitive advantage? Summary of factors and strategies
- Appendix II. Relevant published case studies
- Notes
- References
- Index.