Strategy scholar primarily trained as economist

Assignment Help Operation Management

Reference no: EM131801949

"Imagine you are strategy scholar primarily trained as an economist. You’ve been asked to comment on the set of phenomena described in the attached article (“Drones keep flying higher, but makers’ profits sputter”). You want your comments to address the seemingly odd combination of rapid growth and low profits in this industry.

As a strategist, this setting intrigues you because this is a large and exciting new market with venture-backed new entrepreneurial firms. As an economist, you can draw on a variety of different theories – including, but not limited to: theories about the relationship between profits and industry structure; the influence of institutions on industries; general patterns of industry dynamics; value-based and game theoretic ideas about equilibrium conditions in markets where firms have different cost structures; learning-curve strategies; and strategy in markets with asymmetric information – to make sense of this phenomenon and derive insights for policy makers and managers of rival firms."

1) Describe three or more different perspectives on what may be happening, and

2) suggest several insights or implications these perspectives might offer to policy makers and managers This will be based off of what is written before the question and the article about the drone industry and what is happening in it.

Really glad you will be able to complete. Do you feel you understand the questions and answer them well enough?

Please use citation and references where needed. word limit 400 - 700.

Reference no: EM131801949

Questions Cloud

Analyze what is interesting or helpful about the given view : Analyze What's interesting or helpful about this view? What would I notice if I believed this view? what sense or under what conditions might this idea be true?

Explaining the instrumental conditioning : Explain instrumental conditioning and how learning occurs, based on what this theory says; write a minimum of 4 sentences about this theory.

How much will operating profit increase if sports specialty : The company has the capacity to produce the special order. How much will operating profit increase if Sports Specialty accepts this order

Increasing motivation in the colgate palmolive company : In this part, you will develop a plan for increasing motivation in the Colgate Palmolive Company.

Strategy scholar primarily trained as economist : "Imagine you are strategy scholar primarily trained as an economist. Describe three or more different perspectives on what may be happening.

Describe two current accounting practices : Describe two current accounting practices, methods or techniques allowed by the FASB's Codification that are examples of conservative accounting practice

Participatory decision making in agile project management : How does participatory decision making in agile project management differ from unanimous decision making?

Prepare for a future career in the hrm field : What might the future hold for the field of HRM, and How might you envision and prepare for a future career in the HRM field?

Discuss the approval of an invoice for payment : hich do you consider the more significant step in establishing strong internal control over accounts payable transactions

User Account

All Pages