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What Is Strategy, Again?

Harvard Business Review

And so, he famously argued, in addition to the fierceness of price competition among industry rivals, the degree of competitiveness in an industry (that is, the degree to which players are free to set their own prices) depends on the bargaining power of buyers and of suppliers, as well as how threatening substitute products and new entrants are.

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The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

In comparison, TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. The company is now pervasive - with 65 million unique visitors each month scouring the site for reviews of hotels, restaurants and sites around the globe. Magical, really.

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