Question: over the past ten years you have been the manager...
Over the past ten years you have been the manager of a medium-sized enterprise operating in a highly competitive software industry. Using the principles learnt from managerial economics what critical decisions you were faced with and what informed your ultimate decisions to achieve your fundamental objective. The industry subsequently became oligopolistic. What considerations, on the principles of managerial economics, you now have to consider as a medium-sized enterprise operating in this distinctly new market structure.
- where necessary and appropriate you should make use of graphs and tables to illustrate your points.