This note is intended to provide insights into variation across firms and industries. It reviews the various types of variation among firms–variations in revenues, profits, size, employment, capital intensity, output per worker, profitability etc. Data tables, timelines and reports are provided as support. This note is intended to show students that these characteristics are important to consider when analyzing firms or setting strategy because they affect how firms compete with each other.
Note on Economic Variation Across Firms
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