economics of strategy creating and capturing value

economics of strategy creating and capturing value

ID:7291892

大小:281.05 KB

页数:41页

时间:2018-02-10

economics of strategy  creating and capturing value_第1页
economics of strategy  creating and capturing value_第2页
economics of strategy  creating and capturing value_第3页
economics of strategy  creating and capturing value_第4页
economics of strategy  creating and capturing value_第5页
资源描述:

《economics of strategy creating and capturing value》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库

1、bri75829_ch08.qxd8/13/087:11PMPage240EconomicsofStrategy:CreatingandCapturingValueCHAPTER8CHAPTEROUTLINEStrategyValueCreationProductionandProducerTransactionCostsConsumerTransactionCostsOtherWaystoIncreaseDemandNewProductsandServicesCooperatingtoIncreaseValueConv

2、ertingOrganizationalKnowledgeintoValueOpportunitiestoCreateValueCapturingValueMarketPowerSuperiorFactorsofProductionAPartialExplanationforWal-Mart’sSuccessAllGoodThingsMustEndEconomicsofDiversificationBenefitsofDiversificationCostsofDiversificationManagementImplicati

3、onsStrategyFormulationUnderstandingResourcesandCapabilitiesUnderstandingtheEnvironmentCombiningEnvironmentalandInternalAnalysesStrategyandOrganizationalArchitectureCanAllFirmsCaptureValue?Summaryverthepastfourdecades,Wal-MartStoreshasbecomethelargest,mostprofitabl

4、eretailerintheworld.1Itsdiscount-varietystores,Sam’sClubs,andOsupercenters(combineddiscountretailandbulkgrocerystores)arelocatedthroughouttheUnitedStates,aswellasinmanyothercountriessuchas1DetailsforthisexamplearefromS.Foley(1994),“Wal-MartStores,Inc.,”HarvardBus

5、inessSchoolCase9-794-024;thefinancialpress;companyreports;andC.Loomis(2000),“SamWouldBeProud,”Fortune(April17),131–144.bri75829_ch08.qxd8/13/087:11PMPage241Chapter8EconomicsofStrategy:CreatingandCapturingValue241Mexico,Canada,PuertoRico,Germany,Brazil,Argentina,Ch

6、ina,Korea,andIndonesia.In2008,itreported$374.5billioninsalesandnetincomeofover$12.9billion;its2millionemployeesworkedat7,266stores.SinceSamWaltonopenedhisfirststorein1962,theoverallfinancialperformanceofthecompanyhasbeennothinglessthanphenomenal.Toillustrate,suppos

7、eyouhadpurchased$1,000ofthestockattheinitialofferingin1970andhelditthrough2008.Thisinvestmentwouldbeworthmorethan$5million(thatisa20percentcompoundannualgrowthrate);inaddition,youwouldhavereceivedcashdividendspaidbythecompanyovertheperiod.ThisperformancemadeWal-M

8、artoneofthehotteststocksinthemarket.WhileWal-Mart’sperformancehasbeenspectacular,ithasnotbeenflawless.Fol-lowingalargepricedropinthesecondquarterof1993(over20pe

当前文档最多预览五页,下载文档查看全文

此文档下载收益归作者所有

当前文档最多预览五页,下载文档查看全文
温馨提示:
1. 部分包含数学公式或PPT动画的文件,查看预览时可能会显示错乱或异常,文件下载后无此问题,请放心下载。
2. 本文档由用户上传,版权归属用户,天天文库负责整理代发布。如果您对本文档版权有争议请及时联系客服。
3. 下载前请仔细阅读文档内容,确认文档内容符合您的需求后进行下载,若出现内容与标题不符可向本站投诉处理。
4. 下载文档时可能由于网络波动等原因无法下载或下载错误,付费完成后未能成功下载的用户请联系客服处理。