Foundations of Business Strategy - Revision history

Adamcolton: /* The Fundamental Principle */

2014-01-17T19:49:00Z

The Fundamental Principle

← Older revision		Revision as of 19:49, 17 January 2014
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	==== The Fundamental Principle ====		==== The Fundamental Principle ====
	"In a perfectly competitive market, no firm realizes economic profits (rents)"		"In a perfectly competitive market, no firm realizes economic profits (rents)"

			Price Taker: an entity compelled to accept the market price (or else not do business).

	The existence of profits suggests market inefficiency. Our goal is to figure out how to profit from these inefficiencies. Discussion of supply/demand curves. These are then compared with marginal costs and average costs plots - cost here referring to the cost of providing/producing a good or service.		The existence of profits suggests market inefficiency. Our goal is to figure out how to profit from these inefficiencies. Discussion of supply/demand curves. These are then compared with marginal costs and average costs plots - cost here referring to the cost of providing/producing a good or service.

2014-01-02T15:50:54Z

2013-09-11T01:27:58Z

Intensity of Rivalry

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 ==== Intensity of Rivalry ====
 ==== Five Forces Redux ====
 === Readings ===

2013-09-10T17:20:21Z

Bargaining Power of Buyers and Sellers

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 ==== Bargaining Power of Buyers and Sellers ====
 ==== Intensity of Rivalry ====
 ==== Five Forces Redux ====

2013-09-10T17:07:19Z

Threat of Substitutes

← Older revision		Revision as of 17:07, 10 September 2013
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	==== Threat of Substitutes ====		==== Threat of Substitutes ====
			Substitute products are less of a threat when
			* Cross-price elasticity of demand is low
			* Switching costs are high

	==== Bargaining Power of Buyers and Sellers ====		==== Bargaining Power of Buyers and Sellers ====
	==== Intensity of Rivalry ====		==== Intensity of Rivalry ====

2013-09-10T17:00:22Z

Threat of Entry

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 ==== Threat of Entry ====
 ==== Threat of Substitutes ====
 ==== Bargaining Power of Buyers and Sellers ====

2013-09-10T16:46:21Z

Five Forces Analysis

← Older revision		Revision as of 16:46, 10 September 2013
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	=== Videos ===		=== Videos ===
	==== Five Forces Analysis ====		==== Five Forces Analysis ====
			Analysis of US Airlines. Deregulated by Carter. Airlines are among the least profitable industries.

			Five Forces
			* Threat of Entry
			* Bargaining powers of suppliers
			* Intensity of Rivalry
			* Bargaining power of buyers
			* Threat of substitutes

	==== Threat of Entry ====		==== Threat of Entry ====
	==== Threat of Substitutes ====		==== Threat of Substitutes ====

2013-09-10T16:41:33Z

Intro

2013-09-10T16:39:30Z

Week 2

← Older revision		Revision as of 16:39, 10 September 2013
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	== Week 2 ==		== Week 2 ==
			=== Videos ===
			==== Intro ====
			==== Five Forces Analysis ====
			==== Threat of Entry ====
			==== Threat of Substitutes ====
			==== Bargaining Power of Buyers and Sellers ====
			==== Intensity of Rivalry ====
			==== Five Forces Redux ====
			=== Readings ===
			=== Case Study ===

	== Footer ==		== Footer ==
	[[Category: Notes]]		[[Category: Notes]]
	[[Category: Course Work]]		[[Category: Course Work]]

2013-09-10T16:21:33Z