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濰坊翻譯公司關(guān)鍵字：medium enterprises in the competitive advantage is possible. (Ordover and Saloner 1989). Some empirical studies have shown that the relative decline in market畢業(yè)論文翻譯成英語文章 share in some industries, large enterprises took the lead out of competition, such as synthetic alkali industry and the British steel industry in the period of adjustment after the first exit is big business. (Ghemawat and Nalebuff 1985). China's state-owned large and medium-sized enterprises, institutional factors than negative, so the "small big squeeze" is likely to be the natural result of market畢業(yè)論文翻譯成英語文章 competition.2 dedicated and strong assets, stock adjustment difficulties, resulting in lower long-term benefits and can not exitLow efficiency and long-term cotton textile industry, few companies out, one important reason is the strong exit barriers. Exit barriers in an industry mainly by the impact of asset specificity. Company翻譯論文公司最專業(yè)'s assets can be divided into four categories: The first is of no use after the change in product assets (assets I), also known as the sunk assets, such assets; second category is the result of the adjustment cost, you can adapt to the new production assets (assets II); third category is not able to adapt to the new product adjust the asset, but relative to new products, high cost of such assets, there is a more efficient alternative assets ( assets III); fourth products are widely adaptable assets, product change will not have to make additional cost (asset IV). (Mises 1966). Strong cotton textile industry exit barriers, difficulties in converting to other industries, the textile industry, which is due to the assets I and II of its assets, most of the assets. The first is highly specialized equipment, not universal: spindle, loom weaving and spinning only, not converting the production of other products. Followed by the technical capabilities and operational skills of dedicated work翻譯畢業(yè)論文公司哪里有最權(quán)威ers is also very strong, mainly by the textile companies can develop their論文摘要翻譯英文 own power product of a small number of other industries. Therefore, the so-called "stock adjustment" mode in the textile industry to other industries converting process is difficult to apply. A larger proportion of sinking capital industry, to a certain extent a loss situation to continue production, is a reasonable choice. Here, "a certain level" means the price is lower than the average cost but above average variable cost in this range. [18] Intuitively, in this context, although the resulting loss of production, but stopped production suffered more, because the fixed capital investment英文論文翻譯費用多少錢 is sunk, not recovery. However, when the Company翻譯論文公司最專業(yè) is losing money, the
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