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

Effectiveness of world bank in promotion of development, Define the effecti...

Define the effectiveness of World Bank in promotion of development? The World Bank has a clear set of goals: to assist countries meet the UN Millennium Development Goals. A ma

Explain the 3 different ways of calculating national income, QUESTION (...

QUESTION (a) Explain the 3 different ways of calculating national income. (b) Does the National Income figure accurately reflect the living standard of a population? Discuss

Is there a consensus view on responsibility of government, Is there a conse...

Is there a consensus view on the responsibility of government? Highly controversial and depends onto your view like to whether markets work. International agencies as like the

Organization of Industries: Cornot-Nash Equilibrium Problem, Suppose an oli...

Suppose an oligopoly consists of three identical firms. Industry demand is P = 100 - 2Q and MC = AC = 20. What is the Cournot–Nash equilibrium output in this industry

Illustrate liberalise or open up trade market for promoting, Illustrate lib...

Illustrate liberalise or open up trade in market for promoting development? Liberalise or open up trade implies that: • Abandoning fixed exchange rates and elimination of re

Demand & probality, Demand uncertainty, particularly in the fast fashion in...

Demand uncertainty, particularly in the fast fashion industry, is a significant factor. For this reason, María, the Supply Chain Manager of The Fast Fashion Group (FFG) has decided

Q, You have an opportunity to invest in a new plant. The fixed costs are $1...

You have an opportunity to invest in a new plant. The fixed costs are $100,000 per year. The marginal cost of production is $2 for a quantity up to 10,000 units per year. The margi

How does foreign direct investment help development, How does foreign direc...

How does foreign direct investment (FDI) help development? Foreign direct investment (FDI) shows an injection of resources in the economy. When those resources are used to rai

Fiscal policy, Fiscal Policy The government's use of spending and taxat...

Fiscal Policy The government's use of spending and taxation to affect the stage of macroeconomic moment. In theory, weak economic activity needs simulative fiscal policy, which

Why are markets considered as unsuitable for promoting, Why are markets con...

Why are markets considered as unsuitable for promoting development? The process of establishing a market system frequently includes radical reform which produces both winners

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