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Do Firms' Product Lines Include Too Many Varieties ?
Oleh:
Klemperer, Paul
;
Padilla, A. Jorge
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Rand Journal of Economics vol. 28 no. 3 (1997)
,
page 472-488.
Topik:
PRODUCT LINES - MANAGEMENT
;
firms
;
product lines
;
varieties
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
RR10.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
A firm that offers an additional product can capture business from rival firms for other products when consumers prefer to concentrate their purchases at a single supplier. This may lead firms to offer excessive product variety from the social stand point firm may even completely fore close competing firms from the market by introducing a new product. Forbidding new product introductions (e. g. forbidding universal banking or forbidding a new airline route), forbidding mergers that broaden firms' product lines (e. g. the EC forbade a merger of commuter aircraft manufacturers), and forbidding sunday shopping may sometimes be appropriate public policies.
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