Economic theory implies that a mature industry without any significant technological change will tend to have...

Economic theory implies that a mature industry without any significant technological change will tend to have firms with similar architectural structures, similar reward structures, and similar performance systems. Would the power of the marketplace be important in this case?

Expert Solution

A mature industry without any technological changes tends with similar architectural structure, reward structure and similar performance. These factors where determined on the basis of the market. Like; if that mature industry, having a strong power in the market can maintain their place in the market. There is no matter for their reward, performance and architectural structure. This mature industry remains a strong competitor among the new entrants. Mature industries having economies of scale, low cost of inputs, piecemeal productivity moves and low overheads. The matured industries can increase its standardization at low level. Mature industries can get high salaries and benefits and good name in the economy. There is a cost reduction of through outsourcing, headcount reduction and downsizing. A mature industry having large market share, earnings and profit. This mature industry creates opportunities for new investors especially equity and debt investors.

Rahul Sunny answered 9 months ago

INDUSTRY OVERVIEW (Competitive Opportunities and Threats) Industry: Real Estate Technological Change - Is the industry technology...

INDUSTRY OVERVIEW (Competitive Opportunities and Threats) Industry: Real Estate Technological Change - Is the industry technology for Real Estate changing rapidly? Are there segments where it is changing more rapidly? Provide supporting evidence for your examples. List credible sources for your information.

What technological innovations may change the existing structures of the banking industry? What technological innovations may...

What technological innovations may change the existing structures of the banking industry? What technological innovations may cause disintermediation and disruption of the banking industry?

Is it possible for naturally produced proteins to have different functions without any change in amino...

Is it possible for naturally produced proteins to have different functions without any change in amino acid sequence or nucleotide sequence? How?

Those without any health insurance in the U.S. tend to be the following groups, except: A....

Those without any health insurance in the U.S. tend to be the following groups, except: A. Those who are in excellent health and those with the poorest health B. Workers in small firms C. Minimum-wage workers D. Those receiving Social Security payments

Without any change in the supply of labor, how are the following events likely to change...

Without any change in the supply of labor, how are the following events likely to change the equilibrium wage and employment level in a firm that manufactures umbrellas? (a) A forecast of higher rainfall this year (b) A decrease in the price of raincoats (c) The introduction of labor-saving technology in the factory

Firms diversify because there may be new technological or economic opportunities in another industry, or a...

Firms diversify because there may be new technological or economic opportunities in another industry, or a firm could enter a complementary industry, keeping a similar market base or production line. Leveraging one’s core competencies by applying them to additional businesses, allows the firm to make the most of their competitive advantage. If the firm is a cost leader, it may be able to reduce costs for an acquired firm as well. Proctor and Gamble has been and continues to get...

Can you have value creation without economic profits? Explain. Can you have economic profits without value...

Can you have value creation without economic profits? Explain. Can you have economic profits without value creation? Explain.

You work for a mature company with a long history in the industry and have been...

You work for a mature company with a long history in the industry and have been given stock options. Which of the following are you most likely wanting to see happen with top line (revenue) and bottom line (net profit) growth rates? A. Top line and bottom line holding steady without much variation. B. Top line growing faster than bottom line. C. Bottom line growing faster than top line. D. Both top and bottom line growing at the same rate.

Briefly explain the importance of class struggle and technological development in explaining socio-economic change. Use a...

Briefly explain the importance of class struggle and technological development in explaining socio-economic change. Use a concrete example to explain the argument.

A decrease in VCO 2 without any change in ventilation will cause: An increase in PaCO2...

A decrease in VCO 2 without any change in ventilation will cause: An increase in PaCO2 An increase in VD/VT A decrease in PaO2 A decrease in VD/VT A decrease in arterial and alveolar CO2 Which one is a correct answer and explain in detail. I hope to receive a new and better answer because there is answer for this question has posted but it was wrong.

Question