Reference no: EM132168779
Question: 1. Introduction: Describe a US based organization to analyze. State its commodity, business model, target market, specialization, product differentiation, pricing strategy, and market share. In addition, describe the market structure it operates in (monopoly, oligopoly, monopolistic competition, or perfect completion) and state the characteristics of this business that make it fall into this market structure. State the organization's main competitors and the strategies it uses to remain competitive in the market. If possible, state that one characteristic that its commodity has that makes them unique in their market.
Data: • Obtain three credible sources to provide facts about market share, pricing strategy, growth, revenue, and profit maximization approaches.
• Use tables, graphs, and figures to support your argument (if available).
2. Analysis
Determine whether the commodity this organization provides is elastic or inelastic, and why. Then discuss the advantages and disadvantages, as well as opportunities and threats, of operating in this market. In addition, discuss the profit maximization strategies this organization uses. Moreover, discuss the level of market power this organization has in the market they operate in and the reasons they have such market power. Do they have control over prices (price maker) or do they have no control (price taker) and why?
3. Conclusion
Provide your own final thoughts, opinions, and understanding of the benefits of operating in this market structure. Also, state what else this organization could do to gain more market power and to maximize their profits.
• Reference List- Use three professional sources to support this argument.
• APA format and plagiarism checked
Advantages and disadvantages of oracle fusion applications
: What are the advantages and disadvantages of Oracle Fusion Applications?
|
How do banks create money in the united states
: How do banks create money in the United States? Carefully explain how the fractional reserve system works. Do a little research and determine the current.
|
Examine what has been discussed in class
: Select 1 or 2 key theoretical concepts, with a strong microeconomic focus, from what has been discussed in class and provide a critical overview.
|
Define how storage systems used in information systems
: You will begin with your own Internet and/or Walden Library search for 1 or 2 current and credible articles on the various types of data resources, processes.
|
Describe a us based organization to analyze
: Describe a US based organization to analyze. State its commodity, business model, target market, specialization, product differentiation, pricing strategy.
|
Create a business plan for this organization to enter
: Create a business plan for this organization to enter a global market in which they are not already doing business.
|
Discuss about emergence of enormous global markets
: Within the next 20 years we will see the emergence of enormous global markets for standardized consumer products." Do you agree with this statement?
|
Who is the protagonist
: Who is the protagonist? What is their span of control and what motivates them?What is the protagonist's problem?
|
Determine how you see the policy priorities
: The Governor of the Bank of England, Mark Carney, will be stepping down once the Brexit process is complete. Outline how you see the policy priorities.
|