Sunday, February 14, 2016

Week 6 Reading Reflection

I was pleasantly surprised at how much I enjoyed this weeks reading. The biggest surprise to me was last week in macroeconomics we learned something similar to Porter's forces. In microeconomics we learned about how fast growing industries that make a huge profit very fast won't always stay that way because of competitors and substitutes. In Porter's five competitive strategies we learn the same thing. I really enjoyed the similarity between my two classes. Since the last chapter of macroeconomics was similar to Porter's strategies nothing confused me too much or that I disagreed with. I would like to ask the author if there is any way that due to the ability to copyright a product can you eliminate a chunk of competitors? Also has this ever worked in the past? All in all I really enjoyed this weeks reading.

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