June 2016
Intermediate to advanced
584 pages
23h 17m
English
Content preview from Human Resource Management in a Business Context, 3rd Edition
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CHAPTER 3
The Competitive Environment
LEARNING OUTCOMES
When you have completed this chapter, you should be able to understand, explain and critically evaluate:
the fundamental economic problem of scarcity and choice, and the ways in which this problem is tackled by market and mixed economies
determinants of supply and demand
the main types of market structure, including perfect and monopolistic competition, monopoly and oligopoly, and their implications for price and output
pricing strategy
Michael Porter’s Five Forces model of competitive structure
portfolio approaches to SBU analysis, including the Boston Matrix and the Shell Directional Policy Matrix
the working of the labour market – wage determination and employment levels; perfect competition ...
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.