search query: @indexterm Capacity / total: 189
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| Author: | Hanssmann, F. |
| Title: | Kapazitätsexpansion in Commodity-Märkten als strategisches Problem. |
| Journal: | Schmalenbachs Zeitschrift für Betriebswirtschaftliche Forschung
1990 : MAY, VOL. 42:5, p. 363-377 |
| Index terms: | COMMODITIES CAPACITY |
| Language: | ger |
| Abstract: | Major capacity expansions - probably the most important strategic problem of firms in commodity markets - should not be considered as problems of investment calculus but of strategic analysis. Strategic analysis should clarify how capacity expansions influence price movements and the redistribution of market shares. The authors propose a methodology to do this. It is based on a mathematical formulation of the rules of the game in the market place. This analysis includes a quantification of the deterrence effect of pre-emptive capacity expansions. Successful strategic analysis is a prerequisite for meaningful forecasting of cash-flow and rate of return. |
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