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| Topic: |
Technology
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| Number of pages / Number of words: |
12 / 3276 |
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Write Abegglen and Stalk on the risk companies face guessing the future market growth; "The Japanese face the same risks. Yet the risk of falling behind a competitor is regarded by most kaisha as a far greater risk than the risk that profits will be depressed". Interestingly enough, the experience curve relies on the same principle...
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Interestingly enough, the experience curve relies on the same principle. A high market share is evidently dependent on a high-accumulated volume, which again normally results in a low unit cost. Consequently, the profitability is high, and market share is therefore by many viewed as a primary variable to identify the strength of the strategic position of a business within a given industry...
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Corporate Strategy Of Kaisha
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