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Select your organization and a product produced by that organization from IndustryWeek- https://www.industryweek.com/resources/iw50best/2015
I'm thinking Nike Inc, shoes
Write a 2,000-word analysis of the current market conditions facing your product. Introduce what you are going to write about,write about it and then in the conclusion highlight a few specifics from the body of your paper. Use the following topics to formulate the headings within the paper:
• Describe the product.• Describe the market stucture in which your selected product will compete, along with an analysis of competitors and customers.• Differentiate between comparative advantages and absolute advantage and then use the terms. • Are there international trade opportunities.• Explain the factors that will affect demand, supply, and prices of that product.• Examine factors that will affect Total Revenue, including but not limited to:• Price elasticity of demand• Factors that influence productivity• Various measures of costs, including opportunity costs• Externalities• Government public policy and/or regulations• Marginal analysis• Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.
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