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

Does economic growth automatically reduce poverty, Does economic growth aut...

Does economic growth automatically reduce poverty? Growth implies more goods and services are obtainable to satisfy more wants and requirements. But the benefits of growth may

Diseconomies of scale, explain four major managerial factors that affect di...

explain four major managerial factors that affect diseconomies of scale

What is meant by the term value tree, What is meant by the term value tree?...

What is meant by the term value tree? Value Tree: A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through

Equity, The Concept of Equity is explained below: Equity represents tha...

The Concept of Equity is explained below: Equity represents that the principle of taxation which emphasizes fairness or just the sacrifice, which is everyone must pay the tax d

Capitation, example of an HMO with these types of set rates

example of an HMO with these types of set rates

Explain short run costs, Explain short run costs breifly.. In analyzing...

Explain short run costs breifly.. In analyzing factor cost in an environment, accountants and economists speak much the same language. This is become, in a competitive market,

Why is not aid improving development, Why is not Aid improving development?...

Why is not Aid improving development? Aid not improves development because: • Aid is spent on current consumption • It is spent on unsuitable capital as opposed to suitab

Currency at a bank, Assume Mr. Robinson deposits pounds 600 in currency at ...

Assume Mr. Robinson deposits pounds 600 in currency at a bank. Later that day Ms. Volker borrows pounds 1200 from the similar bank. The money supply will have enhanced by pounds 60

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

Game theroy, Q.No2 Read the following situation Consider the following ...

Q.No2 Read the following situation Consider the following parlor game to be played between two players. Each player begins with three chips: One red, one white and one blue. Ea

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