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Three Concepts in Economics of Management
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7 pages in length. Examines the relationships between Porter’s five forces of competition, the theories of competitive and comparative advantage, and the relationship among inflation, unemployment and productivity. The five forces framework allows a firm to see through the complexity and pinpoint those factors that are critical to competition in the industry as well as to identify those strategic innovations that would most improve profitability. The framework does not eliminate the need for creativity in finding new ways of competing in an industry. Bibliography lists 2 sources. Bibliography lists 2 sources.
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Pages:
7
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Filename:D0_JGAportr.wps |
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Paper Title:
Three Concepts in Economics of Management
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