ECN 121B Study Guide - Spring 2019, Comprehensive Final Exam Notes - Market Power, Scientific Management, Supply Chain
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ECN 121B Full Course Notes
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Lecture 3 notes: there are many different ways that two companies merge. If they cut prices, they will attract fewer customers. Wwii: firms only sell product a with b, anyone who wants a gets b as well, this is a form of price discrimination, forces other competitors to not compete, barrier of entry is high as well, mece. In the business analytics model (ba) this step is often referred to as predictive. See below: prescriptive this step looks to change either the facts add new components or delete components of the organization - and or change the organizational goals to be aligned with reality the facts. This is actually a fairly rigid and structured process rather than musing or reflective about what might work: comment: we use the term analysis in a general sense. There are two specific uses of the term analysis that would be good to mention here: business analysis: a non-management activity to determine business needs.
