Management and Organizational Studies 2285 Chapter Notes - Chapter 1, 3: Financial System, Offshoring, Factors Of Production

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Analyzing global industries if you are going to internationalize for efficiency reasons you are looking to lower your costs by buying whatever you need to do cheaper. You this type of analysis when looking for efficiency reasons if you are looking for market share reasons concerned primarily with selling stuff selling more stuff to the same people, or new stuff to more people. You have very limited ability to be able to change the structure of the market. So you want the current market structure to fit with what your goals are: structure can be influenced by the cost to operate in given industry. High costs generally lead to monopoly, low to competitive: structure influences firm behaviour in terms of: Porter"s fi(cid:448)e for(cid:272)es in the us lots or private companies run prisons, but in canada only the state can do this. This applies for other things as road building, water etc: market stru(cid:272)ture affe(cid:272)ts a (cid:374)atio(cid:374)"s relati(cid:448)e (cid:272)o(cid:373)parati(cid:448)e ad(cid:448)a(cid:374)tage: