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Intermediate Microeconomics: A Modern Approach
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 0263-5577
- DOI
- 10.1108/02635570410561681
- Publisher site
- See Article on Publisher Site
Abstract
E‐businesses using enterprise resource planning systems as the information infrastructure generate a tremendous amount of information, including information about customers, suppliers, markets, transaction costs, the prices at which products are bought and sold, and order‐fulfillment rates, etc. To turn the information contained in these systems into marketable information goods would be a key to gaining a competitive advantage and optimizing market exchange efficiencies. Treating involved organizations as an end‐to‐end network and applying an economic analysis, five propositions are developed to capture this value‐added process. Conditions for market equilibriums are specified.
Journal
Industrial Management & Data Systems – Emerald Publishing
Published: Oct 1, 2004
Keywords: Resource management; Electronic commerce; Competitive strategy