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Monday, 25 April 2016

Unit 3: Contestable markets and the cloud!

A terrific short article here looking at how the development of cloud computing
has enabled small firms to compete to a greater degree.
The issue is that the falling cost of computing has reduced barriers to entry 
and made markets more contestable, all of which enhances efficiency
and increases consumer choice. Savvy small businesses are 
cutting costs by using the cloud for web hosting, social media marketing,
inventory management and accounting. Excellent application for question about 
small businesses competing in a larger market.

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