The Profitability Test

Name: The Profitability Test
Price: 85 AUD
Availability: OutOfStock
ISBN: 9780262529402

Does Your Strategy Make Sense?

Harborne W. Stuart, Jr. (Columbia University)

$85

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We will update you on expected arrival time to us. If this delay is too long, please let us know within 2 business days and we can give you options regarding cancelling or adjusting your order. More details on cancelling your order can be found in our Terms of Trade.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

MIT Press
19 August 2016

Business strategy; Business innovation; Entrepreneurship

Series: The Profitability Test

A new way to determine whether a business strategy will lead to profitability.

This book teaches readers to understand profitability in a systematic way, equipping them to provide logically coherent answers to questions about whether a new venture will be profitable, if changes in business strategy will generate an increase in profits, or if ""staying the course"" will result in continued profitability. Unlike books by business gurus that offer one-size-fits-all advice, this book starts from the premise that you, the reader, are in the best position to make difficult judgments about your business. It shows how to turn these judgments into coherent analysis, presenting state-of-the art theory for understanding business strategy from an economic perspective. The basic building block is the value that is created when the buyer and seller make a deal. In simple terms, if a company is to be profitable, it must make a favorable deal with each and every customer.

After setting out key principles and applying them to market situations, the book teaches readers to apply the analysis to their own businesses-in other words, to create their own business game, the main ingredients of which are people and the value that they can create. It addresses how to integrate strategic moves into the book's theory of value creation and competition in order to address the sustainability of a company's profits, the effectiveness of the ""invisible hand,"" and restrictions to competition. Optional appendixes explain the relevant mathematics.

By: Harborne W. Stuart Jr. (Columbia University)
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 178mm, Spine: 14mm
Weight: 408g
ISBN: 9780262529402
ISBN 10: 0262529408
Series: The Profitability Test
Pages: 224
Publication Date: 19 August 2016
Recommended Age: From 18 years
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Harborne W. Stuart Jr., currently Adjunct Professor at Columbia Business School and School of Engineering and Applied Sciences, has held positions at New York University Stern School of Business, MIT Sloan School of Management, and Harvard Business School.