Reading: 

Textbook: Baye, M. R., & Prince, J. T. (2017). Managerial economics and business strategy (9th ed.). McGraw-Hill Education. ISBN 978-1-259-29061-9

○ Chapter 11: Pricing Strategies for Firms with Market Power

○ Chapter 13: Advanced Topics in Business Strategy

○ Chapter 14: A Manager’s Guide to Government in the Marketplace

Discussion Question 1 – Summary & Critical Thinking (For the discussion board, Professor required 3 paragraphs, and at least 1 peer-reviewed reference. Thank you. )

In this discussion question, students have the opportunity to be creative and to relate what they have learned to their professional lives. Please explore and critically think about some of the learning objectives and concepts presented in this course. Please effectively communicate how you would lead an organization (or a group of people within the organization) by applying the knowledge you have learned ethically and responsibly.  Your discussion should also include innovative thinking, and information-technology aspects (such as the Internet, social media, computers, and so forth) that may assist you in decision-making. You may frame your discussion around any functional component of business, and in any context; problem-solving, management, leadership, organizational behavior, and so forth.