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L21

Business Objectives of the Firm

Publication

Price-setting Behavior and Competition in Developing Countries: An Analysis of Retail Outlets in Lesotho

Mamello Nchake, Lawrence Edwards and Asha Sundaram
We study the relationship between price-setting behavior and the degree of competition in a setting where markets and information flows are relatively imperfect. Using a unique dataset that combines survey data on retail outlets in Lesotho, and detailed historical information on their product...
Dec 2015
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Publication

Price setting behaviour in Lesotho: Stylised facts from consumer retail prices

Mamello Amelia Nchake, Lawrence Edwards and Neil Rankin
This paper documents some of the main features of price setting behaviour by retail outlets in Lesotho over the period March 2002 to December 2009. The sample of data covers 229 product items for 345 retail outlets. The paper has three main objectives. Firstly, it presents key indicators of price...
Feb 2014
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Publication

“Global since Gold” The Globalisation of Conglomerates: Explaining the Experience from South Africa, 1990 - 2009

Grietjie Verhoef
The internationalisation of enterprises is one of the essential ways to strengthen the competitiveness of firms from developing countries (UNCTAD, 2005c: 3). Strong growth in outward foreign direct investment (OFDI) from developing countries has become the distinguishing feature of the twenty-first...
Sep 2011
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