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Valuing the Unique

2021-11-09 Business & Economics
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Release : 2021-11-09
Genre : Business & Economics
Kind : eBook
Book Rating : 216/5 ( reviews)

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Book Synopsis Valuing the Unique by : Lucien Karpik

Download or read book Valuing the Unique written by Lucien Karpik. This book was released on 2021-11-09. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark work of economic sociology, Lucien Karpik introduces the theory and practical tools needed to analyze markets for singularities. Singularities are goods and services that cannot be studied by standard methods because they are multidimensional, incommensurable, and of uncertain quality. Examples include movies, novels, music, artwork, fine wine, lawyers, and doctors. Valuing the Unique provides a theoretical framework to explain this important class of products and markets that for so long have eluded neoclassical economics. With this innovative theory--called the economics of singularities--Karpik shows that, because of the uncertainty and the highly subjective valuation of singularities, these markets are necessarily equipped with what he calls "judgment devices"--such as labels, brands, guides, critics, and rankings--which provide consumers with the credible knowledge needed to make reasonable choices. He explains why these markets are characterized by the primacy of competition by qualities over competition by prices, and he identifies the conditions under which singularities are constructed or are in danger of losing their uniqueness. After demonstrating how combinations of the numerous and multiform judgment devices can be used to identify different market models, Karpik applies his analytical tools to the functioning of a large number of actual markets, including fine wines, movies, luxury goods, pop music, and legal services.

The Future of Competition

2004-02-18 Business & Economics
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Release : 2004-02-18
Genre : Business & Economics
Kind : eBook
Book Rating : 742/5 ( reviews)

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Book Synopsis The Future of Competition by : C. K. Prahalad

Download or read book The Future of Competition written by C. K. Prahalad. This book was released on 2004-02-18. Available in PDF, EPUB and Kindle. Book excerpt: In this visionary book, C. K. Prahalad and Venkat Ramaswamy explore why, despite unbounded opportunities for innovation, companies still can't satisfy customers and sustain profitable growth. The explanation for this apparent paradox lies in recognizing the structural changes brought about by the convergence of industries and technologies; ubiquitous connectivity and globalization; and, as a consequence, the evolving role of the consumer from passive recipient to active co-creator of value. Managers need a new framework for value creation. Increasingly, individual customers interact with a network of firms and consumer communities to co-create value. No longer can firms autonomously create value. Neither is value embedded in products and services per se. Products are but an artifact around which compelling individual experiences are created. As a result, the focus of innovation will shift from products and services to experience environments that individuals can interact with to co-construct their own experiences. These personalized co-creation experiences are the source of unique value for consumers and companies alike. In this emerging opportunity space, companies must build new strategic capital—a new theory on how to compete. This book presents a detailed view of the new functional, organizational, infrastructure, and governance capabilities that will be required for competing on experiences and co-creating unique value.

Markets of One

2000 Business & Economics
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Release : 2000
Genre : Business & Economics
Kind : eBook
Book Rating : 386/5 ( reviews)

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Book Synopsis Markets of One by : James H. Gilmore

Download or read book Markets of One written by James H. Gilmore. This book was released on 2000. Available in PDF, EPUB and Kindle. Book excerpt: What does it mean "to dell?" This newly coined business verb means to mass-customize, making products only in response to actual demand. This allows a product to "go direct" to a customer, and it's what Dell Computer does instead of forcing mass-produced computers on its customers. And Dell's not alone. As Editors Jim Gilmore and Joe Pine point out in their introduction to Markets of One, mass customization is a trend that has caught on among consumer and business-to-business companies alike - think of Levi's jeans, Aramark's hospital services, Select Comfort mattresses, and Peapod or Streamline grocery delivery, to name a few. Companies customize their offerings to meet the unique needs of individual customers so that nearly everyone can obtain exactly what they want at a reasonable price. It's a paradigm shift away from the one-size-fits-all way managers have thought about markets over the past century- today, every individual customer is a market of one. This collection of ten Harvard Business Review articles chronicles the evolution of business competition from mass markets to markets of one-in other words, from creating standardized value through mass production to creating customer-unique value through mass customization. The book examines many of the resulting changes in approach to strategy and operations-for example, moving from pushing products to fulfilling individual needs, from focusing solely on market share to measuring customer share, and from marketing to the masses to cultivating learning relationships with each customer. Markets of One offers the best of the leading thinkers on the topic, exploring both the promise and pitfalls of mass customization. Practical applications are presented with examples of leading companies who successfully mass customize for markets of one. A Harvard Business Review Book

Net Economic Value of Hunting Unique Species in Idaho

1985 Hunting
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Release : 1985
Genre : Hunting
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Net Economic Value of Hunting Unique Species in Idaho by :

Download or read book Net Economic Value of Hunting Unique Species in Idaho written by . This book was released on 1985. Available in PDF, EPUB and Kindle. Book excerpt:

Rediscover Your Unique Timeless Value

2017-09-28 Religion
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Release : 2017-09-28
Genre : Religion
Kind : eBook
Book Rating : 412/5 ( reviews)

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Book Synopsis Rediscover Your Unique Timeless Value by : Audie Casiguran

Download or read book Rediscover Your Unique Timeless Value written by Audie Casiguran. This book was released on 2017-09-28. Available in PDF, EPUB and Kindle. Book excerpt: Rediscover Your Unique Timeless Value talks about the keys (timeless principles) built-in through the message of our King Eshua (Jesus) a long time ago about his government country, the kingdom of heaven. Rediscovering his timeless message means we need to go back again from time and study and learn from his timeless teaching and realign ourselves through the value of his message. In this book are the nine reasons why right-values, specifically kingdom values, gives us purpose and meaning in our existential life. Reason no.1right values drive right behavior Reason no.2right values give right destination Reason no.3right values correct priorities and organize Reason no.4right values inspire dedication Reason no.5right values interpret vision Reason no.6right values support acceptance Reason no.7right values enable continuous learning Reason no.8right values purge old habits to unlearn Reason no.9right values empower us to engage Also, here, you will find out the purpose, priority, and the power of kingdom values, which empower you, yourself, values and concepts and influence your idea of who you are and what you can do to the world and for the better of humanity. This book helps you find your own unique timeless value, which will determine your significance and meaning of your life. This book is also constituted of my personal autobiography stories and the corresponding keys of the kingdom of God that I personally understand.

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