Economics of StrategyDiscover the art of strategic thinking Revised and updated to reflect the cutting edge of academic thinking about business strategy, the Fourth Edition of Besanko, Dranove, Shanley, and Schaefer’s highly acclaimed text offers a solid economic foundation for strategic analysis. By presenting basic concepts of economic theory with ideas in modern strategy literature, the book provides an economic lens for viewing the broad sweep of the strategic activities of the firm. The book begins by focusing on the boundaries of the firm and examines competitive strategy from the perspective of industrial organization (IO) economics, particularly Porter’s Five Forces. It then explores strategic positioning and dynamics as well as topics associated with internal organization, including personnel economics, organization structure, and strategic fit. Features of the Fourth Edition
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... infrastructure investments directly ( e.g. , the inter- state highways ) . Government investments in infrastructure are necessary because individual firms making investments in public goods must bear the full costs of such investments ...
... Infrastructure Today Infrastructure today is marked by communications , transportation , and computing technologies that ensure coordination of extensive activities on a global scale . This , in turn , increases the interdependence of ...
... infrastructure has become more complex . Government regulation of economic activities increased in the first half of the twentieth century , in response to two world wars and the Great Depression . The government also spent vast sums on ...
Contents
STRATEGY AND ECONOMICS | 1 |
ECONOMIC CONCEPTS FOR STRATEGY | 9 |
Economic Costs and Profitability | 19 |
Copyright | |
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