On Competition

Business / April 23, 2015 / No Comments /
This paper analyzes Michael E. Porter’s view of the business world as outlined in `On Competition`, a collection of his works that examines the Hobbesian nature of the international economy.

This paper analyzes Michael E. Porter’s book “On Competition”, a collection of his works that details the international economy. Porter’s work has defined our fundamental understanding of competition and competitive strategy. His book is organized around three primary categories: Competition and Strategy: Core Concepts, The Competitiveness of Location, and Competitive Solutions to Societal Problems.The first section of the essay collection takes on competitive strategy, evaluating strategies and weaknesses for business, while the second addresses the role of location in competition experienced by government entities. Porter also analyzes a number of sectors of the economy using his criterion of competition from what makes some global companies work to the relationship between business success and environmental regulation.
It isn’t only that there isn’t any free lunch. But while you’re shelling out hard-earned bucks for your repast someone else is pushing their way ahead of you, probably egged on by people you thought were your friends. At least that’s Michael E. Porter’s view of the business world as outlined in On Competition, a collection of his works that examines the Hobbesian nature of the international economy. The credentials that Porter brings to this project are impressive: a Harvard Business School professor, Porter is one of the most respected and innovative economists of his time. The author of 15 books, he advises both elected officials and business leaders in all parts of the world.


Leave a Reply