Saturday, May 14, 2011

How to knock out out monopoly

I as a management student is always baffled by big businesses. I sometimes feel that the way business empires are built by their respective business tycoons and with their products or services, leave a gapping hole to be tumble. The term Monopoly are the terms which are used when a single enterprise rules a major proportion of the market. I would like to give a simple example regarding monopoly.

A monopoly game (Business game or Nava Vyapar(Indianized Version of Monopoly), where there are 4 players which captures hotels and houses in the market. The aim of the game is to accuqire a monopoly and then knock the rest of the people out.

The same way I could find an example of Internet Explorer and Google Chrome war. I can find that few things

Dimensions of Information

Yes , maybe the heading of the post is wrong saying dimension of information. But what is information, Textbook say information is processed data. But I believe that information is something which is obtained and the processing of data is another procedure to be followed.

Hence I Proposed this post.

Dimensions of Information can be a concept which can multiply the growth of information at an exponential rate. For eg how to draw dimensions from existing trends

Osama Killed

Level 1
Where
What
How
Who

Level 2
What was he doing there
How is the world Reacting
What did they found
Where is his body

Then we slice the level 2 by saying
How come he was in pakistan
What was pakistan doing when he was there
Did someone knew about it
If the world reacts whos point of view is towards or against killing Osama
How was his health?
Why was his body buried so soon


These are few techniques we can use to generate information. Information is not about knowing the obvious but about wishing to know which is not Obvious