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External Economies - Coggle Diagram
External Economies
Basic information
outside of an individual company
within the same industry
more units, less costs
businesses cluster in together
advantage of more localized benefits
Example: Hollywood
Economies of locolization
external economy of scale
Alfred Marshall
Silicon Valley
Economies of information and technical market inteligence
information
prices
suppliers
clients
firms
Market intelligence
customer intelligence
technical intelligence
new technologies
Expectations and requirements
skills
competitor intelligence
Economies of Bi products
Examples of Bi production
Microsoft Power BI
Tableau
Qlik
Functions of Bi technologies
Complex event processing
Business performance management
Data mining
Online analytical processing
Benchmarking
Economies of vertical disintegration
production process
separate companiee
limited subset of activities
Example: Hollywood
share risk
more responsive to changes