Describe the product markets in which it operates

Assignment Help Business Economics
Reference no: EM132228675

Assignment: Details: Using the company research you conducted in your Unit 6 submission, write a paper about the company you chose that describes the firm and its strategy. Using information from AIU's Library, IBIS World, and the Internet and feedback from your instructor on your PowerPoint slideshow from Unit 6, address the following points in a 6-page paper:

For this assignment, suppose that you work for a consulting firm, and that you have been asked to research a company and write a paper for your client.

For the paper:

1. Choose a large U.S. company;

2. Research the company and the market(s) in which it competes; and

3. Prepare a six page paper for your client, not including the title page and reference page.

Using information from the business press, AIU's Library, IBIS World (through AIU's library) and the Internet, address the following in your paper.

1. Describe the firm, including such information as its

• products or services

• annual sales, and

• market share (This information is readily available in the library's IBIS World database).

2. Describe the product market(s) in which it operates.

• For instance, does it operate within an oligopoly or monopolistically competitive market, a perfectly competitive market, or is it a monopoly? (Choose the closest fit.)

• Explain.

3. Does it operate in only one region of the United States? Does it operate nationally or internationally? Explain.

4. Who are its competitors?

• Give a brief overview of the other businesses in the market.

5. Identify and explain at least 2 economic concepts that this firm seems to use to its advantage.

• Examples might include product differentiation; attainment of economies of scale; advertising; whether the firm is regional, national, or international; and so on.

6. You may include an explanation of how any significant recent events or changes in this market have affected this firm. Examples are mergers and acquisitions, technological change, legal issues, whether market demand is expanding, and so on.

7. Provide your evaluation of how this firm might better respond to the challenges it faces.

8. Please include an explanation of how any significant recent events or changes in this market have affected this firm. Examples are mergers and acquisitions, technological change, legal issues, whether market demand is expanding, and so on.

9. Provide your evaluation of how this firm might better respond to the challenges it faces.

For your paper:

• Utilize at least 2 credible sources to support the arguments presented in the paper. Make sure you cite appropriately within your paper and list the reference(s) in APA format on your Reference page.

• Your paper should be 6 pages in length, not counting the Title page and Reference page. In accordance with APA formatting requirements, it should be double-spaced and include a running head and page numbers.

The following offer information to help you with your research:

• IBIS World Industry Reports are an excellent source of information for this assignment. IBIS World Reports are available through AIU's Library in the Find Articles and E-books section of the e-Resources area.

Reference no: EM132228675

Questions Cloud

How the newspapers were to be delivered : What kind of plans dictated how the newspapers were to be delivered?
Health insurance impact future patient behavior : How might past patient experience with health insurance impact future patient behavior?
Identify the characteristics of your chosen ethical theory : Next, identify the characteristics of your chosen ethical theory and its notion of the moral good. For the latter, you will need to review again the PowerPoint.
Advice to business on using social media : If you were giving advice to a business on using social media, what would you list as advantages and disadvantages?
Describe the product markets in which it operates : Describe the product market(s) in which it operates. For instance, does it operate within an oligopoly or monopolistically competitive market.
Case study of use the crop water requirement technology : Write the case study of use the crop water requirement technology to solve the problem of lack of water and help the agricultural
Chronicle the adventures of ellasaurus : Ellen Carson is the author and illustrator of a successful series of children’s books that chronicle the adventures of Ellasaurus, a 4 year old orange dinosaur.
Company has created non-toxic household cleaner : Suppose a company has created a non-toxic household cleaner that it wishes to introduce to the market (the kind you spray on and wipe with a sponge).
The population was increasing at irregular rate : If the population was increasing at a steady rate, would your strategies be different than if the population was increasing at an irregular rate?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd