Explain abells three-dimensional business-definition model

Assignment Help Microeconomics
Reference no: EM13686156

Explain Abell’s three-dimensional business-definition model and explain where it can be utilized. Then, consider Reader’s Digest Association, publisher of Reader’s Digest, the largest circulation magazine in the world in 1992. As famous and as popular as its magazine and brand were at the time, the real value to the company was the huge database of subscribers that it had (around 50 million readers). It has used that database to sell various products such as condensed books and other publications, videos, CDs, and so on. Using Abell’s model, describe what other products it could send down this distribution channel which would be amenable to mail order and that would appeal to its subscriber base.

In addition to the text, you should use at least one scholarly source.

Reference no: EM13686156

Questions Cloud

Contrast and compare the types of risk manufacturing firms : Contrast and compare the types of risk manufacturing firms face with the risks to which service firms are exposed. Identify one way by which either a manufacturing firm or a service firm might minimize risk.
Explain about cannibalization analysis : Explain about Cannibalization Analysis - Explain the concept and the cannibalization table.
A monopolist is currently hiring : A monopolist is currently hiring 5,000 units of labor. At this level, the marginal revenue of output is $10, the (fixed) wage rate is $300, and the marginal product of labor is 50. In order to maximize profit, the firm must
Decreased the average selling price of its phones : Revenue at a major cellular telephone manufacturer was $2.3 billion for the nine months ending March 2, up 85 percent over revenues for the same period last year. Management attributed the increase in revenues to a 108 percent increase in shipments, ..
Explain abells three-dimensional business-definition model : Explain Abell’s three-dimensional business-definition model and explain where it can be utilized. Then, consider Reader’s Digest Association, publisher of Reader’s Digest, the largest circulation magazine in the world in 1992.
Hugely successful web company has utilized free economics : Suppose a hugely successful web company has utilized free economics, expanded its scale of operations also spread its long-run costs over larger also larger audiences. After years of profits, the company's profits fell continuously. Using production ..
What level of excess reserves does the bank now have : Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20%. Households deposit $10,000 in currency into a checking account at the bank and that currency is added to reserves. What level of excess reserves..
Presume that three risk-neutral bidders are interested : Presume that three risk-neutral bidders are interested in purchasing a Princess Beanie Baby. The bidders (numbered 1 through 3) have valuations of $12, $14, and $16, respectively. The bidders will compete in auctions as described in parts (a) and (b)..
Compute the project-specific discount rate : Compute the project-specific discount rate

Reviews

Write a Review

Microeconomics Questions & Answers

  Cost of aluminium utilized by soft drinks companies increase

Suppose that the cost of aluminium utilized by soft drinks companies increases.

  Yet level and growth of managed care premiums are similar

managed care plans tend to lower health care costs yet the level and growth of managed care premiums are similar to

  1 your company bright paints is one of a dozen companies

1. your company bright paints is one of a dozen companies manufacturing a special reflective paint used for traffic

  What is the standard deviation of total profit

Suppose that Total Revenue = 100Q and Total Cost = 30 + 50Q where Q, the quantity sold, is a random variable with expected value 20 and variance 4.

  Calculate price elasticity of demand for subway rides if

the subway fare in your town has just been increased from a current level of 50 cent to 1.00 per ride. as a result the

  Consider the graph belownbsp it contains 2 separate demand

consider the graph below.nbsp it contains 2 separate demand curves d1 and d2 the marginal revenue curve associated with

  Examining facts-reversed causality

A hypothetical study examines the operations of a couple of hundreds medical clinics, with the data for amount of expenses for new medical equipment relative to total expenses in particular year(s), and the amount of revenue per physician in subse..

  How did this affect the prices of related inputs

Describe an example you are familiar with in which a technological innovation led to an improvement in productivity. What was the effect on the cost of doing business or activity in which this technology was employed?

  How does a real wage above equilibrium cause unemployment

What is an efficiency wage, and how do efficiency wages affect the labor market?

  The purpose of this brief paper is to explain one economic

the purpose of this brief paper is to explain one economic principal that is covered in a short newspaper or magazine

  Characteristic of capitalism

Which of the following is not a characteristic of capitalism?

  How would better health outcomes cause higher income

International data show a positive correlation between income per person and the health of the population. How might the relative importance of two hypotheses be relevant for public policy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd