Professional Documents
Culture Documents
Report II on Economic
i.
ii.
iii.
iv.
Macroeconomics
Microeconomics
v.
In economic systems, money substantially flows from the one who owns less to
the one who owns much, causing welfare inequality. Explain the reason why it is.
a. Monetary substantially flow to the one who owns lesser amount of value than
to the one who owns higher amount of value since the profit is getting higher
the value of goods are getting lower which will help the country to become
economically wealthy.
2.
3.
Experience Curve
Experience Curve is Production cost of any products or business rapidly
decrease with increasing cumulative amount of production obeying power law
distribution.
Concept and procedure Product portfolio Management
Develop new technologies, products and services in a specific domain of
business in which potential increase in demand can be expected in the near
future.
Do the development as quickly as possible so that top share can be attained
during the beginning stage of the growth of market size in the life cycle of the
business
While the business is in the growth stage and maturity stage, develop another
new technology and business
Supported by the Experience Curve
What are the Condition for a firm to sustainably grow? Explain reason Why
Condition for a firm to sustainably grow
To posses specific technology or strong area in business which is
necessary to realize differentiation
o Core competence ( Source OF core competitive power)
To develop new technologies, products and services which will meet the
potential demand expected in the near future in the domain of core
business and technologies, utilizing and strengthening core competence.
To conduct above as quickly as possible , aiming to attain the top share in
the field while the relevant market is in the introduction or growth stage. If
it could not be done, exit from the market
To develop new products and services of next generation, during the
period where sufficient profit can be obtained in the already develop
market
To change and strengthen the core competence during the cycle of P.P.M.
so that the core competence always fits the generational trend in time.
Why ?