Analyze marketing factors that can contribute the success

Reference no: EM133465815

Assignment: Managerial Economics

Length: 4 to 5 pages.

You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and operating structure. As an economist, your responsibilities include examining the market factors that affect success or failure of a product, including the supply and demand for the product, market conditions, and the behavior of competitors with similar products.

The new management has identified several possible investments for the coming year. It has asked you and your team to evaluate the possibilities and make a recommendation to the board of directors. Jorge has identified an opportunity and assigned you the task of making a recommendation on the investment.

Use any product that a company similar to Vanda-Laye might produce.

Tasks:

1. Summarize the course project including information you have learned each week.

2. Analyze marketing factors that can contribute the success or failure of a product for a company such as Vanda-Laye.

3. Evaluate the role capital budgeting can play in the recommendation of a new product.

4. Explain how government intervention can impact a new product such as the one you chose.

5. Justify if the product should be recommended. What were the determining factors in this decision?

Reference no: EM133465815

Questions Cloud

Explain a compensation strategies of an organization : Write and explain a compensation strategies of an organization you know - Compare with Microsoft and SAS or any institution of your choice

Can government intervention in markets sometimes make : ECO 535 THE DIGITAL ECONOMY- Can government intervention in markets sometimes make the situation worse? Provide examples in your response.

Examine the major influences that organizational culture : Examine the major influences that organizational culture can have on organizational ethical decision making. From your personal experience in your current

Compare and contrast the various change management models : Compare and contrast the various change management models. Provide a brief overview of your comparison. Which models have you seen implemented in the workforce?

Analyze marketing factors that can contribute the success : Analyze marketing factors that can contribute the success or failure of a product for a company such as Vanda-Laye.

Should there be upper age restrictions for the role : To become president, you must be at least 35 years old. Should there be upper age restrictions for the role of president of the United States of America

How would you prepare to face the challenges to gain : Would you accept the position? Why? How would you prepare to face the challenges to gain the respect and trust of the males who will be important

Review the larson property management company case scenario : Explain the importance of viewing the HRIS from both a data and process perspective. Next, explain how the change team will use this information to address

Discuss the pros and cons of two-party dominance : Discuss the pros and cons of two-party (Republicans and Democrats) dominance. Describe how a lack of representation occurs

User Account

All Pages