Think Like An Economist cover image

S E45: Business Strategy - How to boost profitability

Think Like An Economist

CHAPTER

The Five Forces Framework

The five forces framework is a lot to take in, but i'm going to keep thinking about all this because i know, it's at the heart of what people learn in business schools. The big idea there is that your bargaining power is determined by your next best alternative. Having good alternatives is key. So, nas, are you going to think about your dating life differently? All your business left now are your business?"

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