Simulation of the process of achieving equilibrium

The equilibrium price can be interpreted as a “fair” exchange price, which is established as a result of numerous paired transactions between sellers and buyers. This state of equilibrium is remarkable in that it is completely satisfied with demand, and there is no excessive production of goods, i.e. there is no overproduction of the product […]

Analysis of internal resources (analysis of resources and internal capabilities of the company)

Analysis of the general position of the company allows us to determine the compliance of its strategy with the external and internal environment, i.e. external market conditions and internal resources and competitive opportunities. In the process of analysis, the position of the company is studied according to five parameters [15 pp.133–162]: Effectiveness of the company’s […]