Economics Discussion for online class Essay Example | Topics and Well Written Essays - 250 words

Economics Discussion for online class - Essay pillowcaseThere are numerous players in the deals chore line, and all players are required to engage in ethical, healthy, and fair competition.When Groupon started its operations in the year 2008, many of its rival firms were already operational and had undertaken ad problem for several years. Search engine ad companies like Google and Facebook were already running operational and successful employment lines. Groupon has integrated creative and innovative business strategies to rise above many competitors in ad business. Its quick growth can be seen to harm, fight, or gobble rivals in the industry, but its competition parameters are economically provided for. The company engages other firms in intense competition, an aspect that normative provides for. For this reason, the outstanding performance of Groupon is based on its operational strategies, as opposed to exploiting its rivals. Although business sustainability is a critical fact or in Groupons business, copycats of its business model are readily present (Marin, 2011). Therefore, Groupons business model is consistent with normative principles of