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Consider the organization you selected Wal-Mart. Integrate the concepts and operations management principles that you've been studying in this module and turn in a three page paper addressing the following questions:
(1) Check the the internet about the company Wal-Mart. Check the websites as well. How is e-commerce applied in the organization?
(2) How can e-commerce provide competitive advantage for that organization?
(3) Relate to the former IBM chairman Louis Gerstner's comment "all about cycle time, speed, globalization, enhanced productivity, reaching new customers, and sharing knowledge across institutions for competitive advantage." Can you relate what you have learned in this module to the function of e-commerce in the organization?
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
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Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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