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Full-Text Articles in Business
Book Review: Zero To One, By Peter Thiel, Ammon Kou
Book Review: Zero To One, By Peter Thiel, Ammon Kou
Marriott Student Review
This is a book review of Zero to One by Peter Thiel.
X-Inefficiency In Monopolies, Emily Nowlan
X-Inefficiency In Monopolies, Emily Nowlan
HON499 projects
This paper takes a case study approach to studying the efficiency and causes of decline for monopoly firms. The focus of the analysis will be on two firms: IBM, and Xerox. The main causes of failure studied will be financial issues, mismanagement, and regulatory cases. One theory is that, as monopolies operate, one begins to see a differential between growth of profits and expenditures. Thus, the firms become “fat and slow.” The company may also become bogged down with overhead, attempting to maintain unsustainable and unnecessary levels of employment. Compounding this issue, many managers fail to accurately predict the movement …