Tag: Competition

Pfizer, Warner-Lambert and American Home Products are flirting with each other - but does it really make sense to talk about a “market for pharmaceuticals”?

The resource based view of strategy has a coherence and integrative role that places it well ahead of other mechanisms of strategic decision making. After thirty years or so, the subject of strategy is genuinely acquiring what can be described as a paradigm - to use the most overworked and abused term in the study of management.

Concentration in the car industry is increasing as the market goes global: a common story, and an untrue one.

Globalisation of business means that the structure of modern industry is based increasingly around competitive advantage, and that these competitive advantage are more and more based on knowledge, intellectual capital, and the management of information. These claims sound familiar. But their implications are not.

When is a price cut bad for consumers? When it is predatory.

Successful businesses have unique competitive advantages, but times change and they can be faced with strategic dilemmas. Sometimes, these dilemmas have no solution.

For many people the role of manufacturing industry is an emotional issue rather than an economic one - meet the manufacturing fetishists.

Returns go where there is scarcity. The land in Champagne is intrinsically scarce. Other factors can be made scarce, or to cease to be scarce, as the history of broadcasting tells us.

The great German experiment teaches us a great deal. One of the lessons is that microeconomic policy is of critical important.

Will the dominant firms of the next century be the ones that show foresight and react quickly? Many of the best companies work simply by doing traditional business very, very well.