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• Case Study:
Paytm: Building a Payments Network
Paytm: Building a Payments Network
~ Sunil Gupta; Das Narayandas; Rachna Tahilyani
• Industry dynamics
• Number of Players
▫ Paytm ~ (Exhibit 8, 9 , 10, 11)
• Porter’s ‘Five Forces’:
➢Current competitors
➢New entrants
➢Substitutes
➢Power of buyers
➢Power of sellers
Impact of Government Policy (Demonetization)
• The level of income generated at the individual and national levels will
entitle an economy to be placed at a particular category among the world
economies
• Growth vs Development
• Economic Policies
Resources and Commodities
Limited Resources of:
• Labour
• Land
• Capital
• Enterprise
• These combined to produce commodities
Scarcity
• Unlimited Needs
and Wants
• Limited Resources
The Economic Problem
• Allocation Problem - what to produce?
• Opportunity Cost - the cost of the next most
desirable alternative
• Production Problem - how to produce?
• Distribution Problem - who gets what is
produced?
For a decision to be efficient
• Allocative efficiency - “value for money” or “in accordance with
consumers’ preferences Consumer Sovereignty
• Productive Efficiency - producing at lowest cost
• Distributive Efficiency - achieving equity
What is technology?