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Once your topic/company of choice to research has been approved by your instructor based on your Purpose Statement proceed with Phase 1 of your research paper. KELLOGG'S IS MY TOPIC COMPANY Phase 1 of your research paper addresses the following:
1. Describe the Internal Environment, specifically the history and development of your organization-- its origins, path of development, competitive environment, inner structure. Also consider: Composition of inputs Products and productivity Prices and Price elasticity of demand Cost structure (Wages and benefits; Fixed and variable costs) How it develops new services or products and How it diversifies operations
2. Describe the External Environment and Company's Position. Competitors Supply and demand Analysis Weak and strong sides of the company in terms of its industry competitiveness and a constantly changing market. Other external factors-- threats and opportunities from the outside. There are the threats of sudden competitor's appearance, change in the exchange rate, economic instability and global changes. Analysis of market structure.
For many years, your company has been protected through patents, Technological change and introduction of new products have been slow.
What are the three tools the Federal Reserve uses to change the money supply and insert rates in the economy? Which of these tools is most important and why?
Derive the FOC and SOC conditions of profit maximization for this firm. Show that SOC is satisfied (impose necessary conditions). Which plant will have a greater increase in output? Please explain why.
How does a decrease in demand for movie tickets affect equilibrium in the market for movie tickets and what is the marginal cost of producing the second car?
Plot the marginal revenue and marginal cost curves and is the industry the firm operates in competitive? Is the industry in long-run equilibrium?
farmers to lose fund since the demand for food is inelastic meaning the price refuse proportionally faster than increase in quantity sold.
Airline fares are bigger in summer than in winter. Some railroads charge lower fares during week than on weekends. Electric firms charge customers lower rates the more electricity they use.
Describe why it would cost Andre Agassi or Venus Williams more to leave professional tennis tour and open the tennis shop than it would for the coach of the univeristy tennis team to do so.
Find the expected value of the lottery induced by accepting the second wage offer and find the expected utility associated with the second offer.
The characteristics of the Perfect competition model are flawed by to many inaccuracies and offer little or no relevance to the real world
The main difference between perfect competition and monopolistic competition is, rices under an ideal cartel situation will be equal to
Using the principles of supply and demand, develop a plan to alleviate the shortage of Math and Science teachers within this country. Try to use price and non-price determinants as your tools to reach equilibrium.
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