Competitive Strategy Chapter 4 New Market Entry
Attractivenss of new market entry => Choice of market => Choice of entry type => Entry strategy Structural Entry Barriers Factors that allow incumbent firms to earn positive economic profits,…
Technology, Politics, Businness, Entertainment
Attractivenss of new market entry => Choice of market => Choice of entry type => Entry strategy Structural Entry Barriers Factors that allow incumbent firms to earn positive economic profits,…
Reputation building is a form of cooperative commitment. ( With soft commitment, companies try to build a reputation as a fair and cooperative player – in the hope that the…
Bertrand paradox. a model prediction in which two firms in the same market reach a Nash equilibrium where both firms charge a price equal to marginal cost. If either firm…
* Basic Research * Applied Research * Product Development Types of innovation. * Product innovation * Process innovation – Monopolist – Monopolist with threat of entry – Incentives to innovate…
economic: cross share holing organizational: information sharing.
In finite games it is clear from the beginning how often the game is repeated and when it ends. If the outcome of a game is determined by the fact…
More acceptable reasons for diversification these days are the potential for operational and strategic benefits. (1) eliminating and preventing competition by subsidizing a price war, (2) reducing rivalry through mutual…
Broadly speaking, there are two types of competitive advantage a firm may pursue: low cost or uniqueness Firms may choose to target a broader or narrower segment of the market.…
major sets of activities, skills, and resources that drive value to customers. at the time of strategy formulation, when firms are assessing which strategic options are currently feasible—and may be…
Growth results from scaling new products and services up the S-curve and also occurs from the continuous creation of new S-curves. So in one sense, the purpose of strategy is…