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Essay

The Right Game: Use Game Theory To Shape Strategy

Essay specific features

 

Issue:

Business

 

Written by:

Nicolas S

 

Date added:

June 8, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 543

 

Was viewed:

4858 times

 

Rating of current essay:

 
Essay content:

This could result in a situation much like auto companies saw, such as customers coming to expect rebates. There are ways around this however. For example, GM changed the game by offering a discount “GM Card”. The card replaced previous incentives, and GM saved money in the long run. Other companies copied the idea and also made money without stealing customers from GM...
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The card replaced previous incentives, and GM saved money in the long run. Other companies copied the idea and also made money without stealing customers from GM. GM turned a losing situation for everyone into a winning situation for everyone without hurting anyone in the process. Win-Win moves have major advantages such as potential for finding new opportunities, less resistance from competitors, and turning imitation into a good thing...
displayed 300 characters

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