Explain economic concepts that the firm seems to use

Assignment Help Microeconomics
Reference no: EM132301863

Assignment: For this assignment, suppose that you work for a consulting firm, and that you have been asked to research a company and make a presentation to your client.

For the presentation:

1. Choose a major U.S. company,

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

3. Prepare a presentation of 10-12 PowerPoint slides (with detailed speaker notes).

Using information from the business press, AIU's Library, IBIS World, and the Internet, address the following in your slides:

1. Describe the firm, include such information as its:

• products or services

• annual sales, and

• market share (this information is readily available in the IBIS World database.)

2. Describe the 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 that it competes against.

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. 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.

7. Provide your evaluation of how this firm might better respond to the challenges it faces.
Present your information, with appropriate pictures and graphics, in a PowerPoint presentation.

• Your presentation should consist of a minimum of 10 slides of content, and the following: a title slide, an introductory slide, a conclusions slide, and a references slide.

• Use at least 2 sources when researching information to support your argument. Remember to use credible, current sources to support your presentation. Use APA reference and citation formatting for the sources that you use. Place citations on the relevant slides with 1-2 slides at the end for your reference list.

• The main topics or bullet points should appear on the slides with supporting visuals, while the Speaker Notes area (the box located at the bottom of each slide that allows you to type in notes) should be used to go into more depth regarding these main topics.

• Notes Boxes: Make sure the notes include information from the sources you have discovered in your research. This is a very important element of your assignment because it will provide both you and your audience with supporting explanations that the bullet posts simply cannot convey.

Reference no: EM132301863

Questions Cloud

How would a classical economist say about it : At the height of the housing crisis in the US, in 2009-2010 the Government decided for a temporary extension of unemployment benefits to 99 weeks.
The right way with employees : As a senior manager for a global player in automobile production and sales, What kind of employee social contract is assumed by Kirby and by Drew? Explain.
What could be the motivations and effects of such a policy : Explain what could be the motivations and effects of such a policy on the UK economy and how this decision can be affected by Brexit.
Costco-A Different Path : Costco’s reputation for rock-bottom pricing and razor-thin profit margins helped the company maintain its position as the nation’s fourth-largest retailer
Explain economic concepts that the firm seems to use : Identify and explain at least 2 economic concepts that this firm seems to use to its advantage. Examples might include product differentiation; attainment of.
Produce an engineering survey of the london college : 4HX 507 Surveying Practice - University of Derby - BSc in Civil Engineering - Do calculations for coordinates determination, use Bowditch method
The revised stages of growth model : What implications does the increasing pace of technology advances and the increasingly networked world have for the revised stages of growth model?
Explain the correlation between the amount of corruption : How would you explain the correlation between the amount of corruption in a country and economic development? (800 words). Use at least two (2) academically.
Describe the production optimum condition : 1. True or False (O or X). 1. Opportunity cost is the cost of earning the opportunity. 2. Marginal Cost(MC) and Average Cost(AC) meet at the lowest MC.

Reviews

Write a Review

Microeconomics Questions & Answers

  Discuss six topics in relation to your company

Discuss these six topics in relation to your company and also incorporate the issue of managerial economics within your company and how the economic situation of today influences the strategic decisions your company is making.

  What is the maximum amount you would be willing to pay

What is the maximum amount you would be willing to pay for an insurance policy that will pay you for 100% of your damage in the event of a flood?

  What are some examples of changes in the economy

What are some examples of changes in the economy that would cause the labor supply curve to shift? What might shift the labor demand curve?

  Firms can operate in one or more markets and not always on

firms can operate in one or more markets and not always on the same side of the market. general motors is a buyer in

  What will the market supply curve look lik

What will the market supply curve look like? Explain your answer.b) If the market demand for corn is ????=2-120000????, what are the short run equilibrium price and quantity of corn sold in a competitive market? Show your work and illustrate this equ..

  What is the price and how many bunches are bought

If tulips are not taxed, what is the price and how many bunches are bought? If tulips are taxed $6 a bunch, what are the price and quantity bought?

  Describe what would happen in this market

Describe what would happen in this market in terms of the supply and demand curve - Calculate the amount the hospital would report

  What do you expect will happen to the domestic auto industry

Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are four domestic auto manufacturers, but the demand.

  Find the demand function for the team''s ticket

The New York-area MLS (Major League Soccer) team, Red Bulls (formerly MetroStar), plays in a newly built soccer-specific stadium located in Harrison, New Jersey. The new stadium has a 25,000 seating capacity -Find the demand function for the team's..

  Examine the individual organizations compensation challenges

Examine the individual organization's compensation challenges and industry competition. As a team, you are required to develop an incentive plan that encourages an organizational culture.

  How do fixed costs play the role in the analysis write the

say you are the manager of a perfectly competitive firm selling a product. your business is making a loss because total

  What problem might result from reinstituting capital control

The global financial crisis of 2007-2009 led some economists and policymakers to suggest the reinstitution of capital controls-or limits on the flow of foreign exchange and financial investments across countries-which existed in many European coun..

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