ECONOMICS FOR BUSINESS DECISIONS Essay Example | Topics and Well Written Essays - 750 words

ECONOMICS FOR BUSINESS DECISIONS - Essay ExampleThis step leave alone open the doors of new ecommerce marketplaces as come up as improve the market efficiency of the company.Disintermediation The utilization of ecommerce marketplaces and evacuation of intermediary elements of the preexisting prize chain is disintermediation and disintermediation offers reduced sales as well as procurance costs for company as well as costumers (Booz, Allen 6). It also speeds up the whole process.CPC is now well established company and has a good value in B2B ecommerce marketplaces. Since, it has figured out and implemented either the necessary steps that are discovered by Booz-Allen during their research this company now has achieved great value parameters.But now the company has the challenge to sustain its value in coming time and for discover its current value CPC should have to continuously work on its online visibility and its online ecommerce platform. While analyzing the website of the company we muckle say that CPC should pay some more attention to its website and discover new marketplaces. It will definitely make up its value. So, at that place are always the chances that a company can increase its current value.a) Suppose you are in this situation only once. You and your competitor have to announce your individual outputs at the same time. You enquire your competitor to choose the Nash counterpoise strategy. How much will you choose to produce and what is your expected profit?Because there exists a symmetry (for own as well as competitors firm), in equilibrium condition both the outputs will exhibit same value. Hence we can substitute Qj with Qi* (James Brickley,Clifford Smith,Jerold Zimmerman 9-8). feature output = 40 ( wedded) hence tag price = 20 and profit = 400, for both of the firms. The analysis given here reveals that we should choose to produce 20 entities given that our competitor is following Nash