Note on Microeconomics for Strategists Case Solution
Sections I and II develop two basic building blocks of supply, demand and any marketplace. Section II discusses how supply and demand interact to determine the amount of goods traded in a marketplace and the cost paid for those goods, with particular focus to the means that outside events affect the amount traded and the cost paid. Section IV presents the significant standard of "perfect competition," in which equally matched companies compete so vigorously and market entry is so simple that no company brings in more than its cost of capital. Section V investigates the methods that actual marketplaces depart from perfect competition. These departures lie at the center of long run profitability.
This is just an excerpt. This case is about STRATEGY & EXECUTION
PUBLICATION DATE: March 30, 1999