Overview
Management Science : It is shown how competitive advantage and disadvantages arise from the fundamental economic processes of allocating resources for consumption and production. Firms that rely on Pareto efficiency for success have competitive advantage. Next, the five principal functions of the firms: product design, process design, production, quality control, and cost control, are surveyed in detail for principles that contribute to competitive advantage.
Terms: This course is not scheduled for the 2009-2010 academic year.
Instructors: There are no professors associated with this course for the 2010-2011 academic year.