Managerial Economics Analytical Essay by Top Papers

Managerial Economics
A study of the North American automobile industry that explores why sustainabilitgy is not viable through restructuring.
# 143038 | 2,500 words | 0 sources | MLA | 2009 | US


$19.95 Buy and instantly download this paper now

Description:

This research study discusses strategy development with respect to managerial economics in terms of the United States' automotive industry. Specifically, the idea of game theory is discussed relative to how managerial economics can be utilized to formulate business strategy within the North American automotive industry. Game theory is examined in relation to its zero-sum component in which resources across the North American automotive industry are finite and the overall advantage to one competitor always results in harm to another. The paper assers that game theory is an effective theoretical construct in which to manage economic decision-making within automotive competitors relative to automotive marketing and operational strategies.

From the Paper:

"This research study discusses strategy development with respect to managerial economics in terms of the United States' automotive industry. Specifically, the idea of game theory is discussed relative to how managerial economics can be utilized to formulate business strategy within the North American automotive industry. Game theory is examined in relation to its zero-sum component in which resources across the North American automotive industry are finite and the overall advantage to one..."

Cite this Analytical Essay:

APA Format

Managerial Economics (2009, December 01) Retrieved September 16, 2019, from https://www.academon.com/analytical-essay/managerial-economics-143038/

MLA Format

"Managerial Economics" 01 December 2009. Web. 16 September. 2019. <https://www.academon.com/analytical-essay/managerial-economics-143038/>

Comments