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Imagine you are part of a strategic planning group at Walmart that is considering developing a new proposed product, eco-friendly bath towels. The marketing director has asked your team to do a competitive market analysis to determine the product's potential success. The analysis will focus on your primary competitor in the product's market.
Write a 250-word paper analyzing the current market conditions. Address the following topic:
1. Any issues or opportunities your organization or industry faces that affect its competitiveness and long-term profitability with regards to your product: This may include, but is not limited, to the following elements.
o Price elasticity of demand
o Technological innovation
o The relationship between the amount of labor & capital employed and the law of diminishing marginal productivity
o Cost structure
Make recommendations on how your organization can maximize their profit-making potential, and successfully compete in the new market. Consider the effect your recommendations may have on marginal revenues and costs.
Calculate the maximum amount of revenue that the government can raise using a per-unit sales tax on consumers?
Consider the utility function \(U(x,y) = y\sqrt{x}\) a)Does the consumer believe that more is better for each good? b)Do the consumer's preferences exhibit a diminishing marginal utility of x? Is the marginal utility of y diminishing?
answer the following questions in your own words ?1.what interests you in retail management?250 words from retail
Both industrial unions and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the diffeence in approaches and describe the impact these differences have on excess quantity of labor supplied.
Calculate the magnitude of the consumer surplus and producer surplus in the pre-tax equilibrium and calculate the tax revenue in the post-tax equilibrium
suppose that you are in charge of designing a product campaign for a new shampoo. this campaign will include among
List the four major areas (audience analysis; objectives and budget; issues; and research) and explain how an organization designs a program around these four influences.
Discuss the relationship existing between production and cost. What is the MC function of the above TC function?
Cubby Company entered into a lease contract for ten photocopy machines for its corporate headquarters. The lease contract qualifies as an operating lease in all terms except there is a bargain buy option.
within the discussion board area write 400-600 words that respond to the following questions with your thoughts ideas
Suppose the government wants to increase farmers" incomes. Why do price supports or acreage-limitation programs cost society more than simply giving farmers money?
in the final round of a tv game show contestants have a chance to increase their current winnings of 1 million dollars
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