Industry analysis, Business Economics

Assignment Help:

a. Describe the industry within which your business will be located and describe at least three recent trends in that industry. Note: This information and item b. following may be found using your NAICS number and in trade organization publications. Also, see Skill Module 2.1, p. 30. And pages 196-98 and 376 and NAICS link above in assignment 1.

b. Describe the market growth rate for your product/service, i.e, what is the market demand likely to be in the next 1-3 years.

c. Describe your market segment and your market niche within that market segment, i.e. Describe your customers and where they are located. Ref. pages 385-88.

d. Describe at least three of your competitors, why they are competitors and where they are located.

e. Where will you locate your business?  If a wholly online business what will you do to attract customers?

f. How will you market or promote your product/service? I.e., online sales, social media marketing, search engine optimization, personal selling, etc. Describe in detail.


Related Discussions:- Industry analysis

Explain the effects of a minimum wage, Problem 1: (a) Suppose the gover...

Problem 1: (a) Suppose the government decides to implement a minimum wage to help low-income workers. How will the minimum wage affect the demand for labor and what does this i

Describe the terms inflation-deflation and inflation rate, Describe the ter...

Describe the terms inflation, deflation, and inflation rate and price stability. Inflation and Deflation: a. An increasing aggregate price level is called as inflation.

Agriculture economics, A1. Given the following production function Level of...

A1. Given the following production function Level of fertilizer Level of maize 0 0 1 44.9 2 83.6 3 110.1 4 127.3 5 136.9 6 139.9 7 137.1 8 129.2 a) Calculate the APP, MPP and elas

Quantitative methods, What is matrix algebra, give some examples and its ty...

What is matrix algebra, give some examples and its types

Industry analysis, a. Describe the industry within which your business will...

a. Describe the industry within which your business will be located and describe at least three recent trends in that industry. Note: This information and item b. following may b

How to describe business purpose- mission- strategy, I. Describe your compa...

I. Describe your company Relevant history Resources, strengths, weaknesses Purpose, mission (what does your company do for whom) Company brand / position: what m

Causes of market failures, Question: (a) Discuss the conditions necessa...

Question: (a) Discuss the conditions necessary to achieve Pareto Efficiency. (b) Competitive markets are generally assumed to lead to a Pareto optimal allocation of resource

What are the limits of national income statistics, What are the limits of n...

What are the limits of national income (NY) statistics in measuring development within a country? National income statistics simply show changes in GDP (Gross Domestic Product)

Economic analysis, There, you can obtain the available data on GDP and its ...

There, you can obtain the available data on GDP and its components. a. What is the value of nominal GDP during the past 5 years? b. What is the GDP deflator in 2006? c. Wh

What is a developing economy, What is a developing economy? To say a co...

What is a developing economy? To say a country is developed or developing needs indicators. For illustration: • The World Bank classification utilises one economic indicator

Write Your Message!

Captcha
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