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You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the organization's ability to earn an economic profit over time and evaluate the effectiveness of the organization's competitive strategies. Select an industry. Identify an organization in that industry. Your selected organization must be submitted for instructor approval. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives. Describe the level of competition the organization will face if under each of the following market structures: Oligopoly Perfect competition Monopoly Monopolistic competition Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified. Consider the following: Expected changes in supply and demand Price elasticity of demand Market structure Government regulations Make recommendations related to the strategies the organization might consider to maximize its profits and consider the following: What are the ethical implications of these strategies? Does this strategy align with the organization's current values? Does this strategy align with your own values? Cite a minimum of 3 peer reviewed sources. Select one of the following two assignment options:
Option 1: Paper: Write a 1,400- to 1,750-word paper. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
Option 2: PowerPoint® Presentation: Create a 15- to 20-slide Microsoft® PowerPoint® presentation including detailed speaker notes. Click the Assignment Files tab to submit your assignment.
dex industries expects to purchase 120000 of materials in march and 140000 of materials in april. three-fourths of all
Wait time to the start of production 5.0 days, Delivery Cycle time 18 days, Move time 3.0 days, Inspection time 2.5 days, Queue Time during the production process 3.5 days.
The substitutability of a particular good/service can play havoc on a company's sales. This is formally defined as elasticity of a good/service. The elasticity/substitutability changes for 4 reasons. The 4 reasons are stated below, briefly describ..
all sales are on account and in the past 30 of the sales were collected in the month of the sales and 70 in the month
Tidbit Inc. has a sales budget for next month of $800,000. Cost of goods sold is expected to be 25 percent of sales. All goods are purchased in the month used and paid for in the month following purchase.
what are adjusting entries and why are they necessary? what accounts are subject to adjusting journal entries and why?
the following information is for travic partsa.balance per the bank statement dated january 31 2011 is 29350.b.balance
Using an Internet search engine, search for the terms guilty as charged + California Micro Devices in order to find an article about the company, California Micro Devices. Identify the related corporate governance issues.
this year lloyd a single taxpayer estimates that his tax liability will be 11400. last year his total tax liability was
serber inc. which uses a volume-based cost system produces cat condos that sell for 180 each. direct materials cost 24
Chris Spear invested $16,420 today in a fund that earns 12% compounded annually. To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 12% annual interest compounded semiannually..
Sanchez Company has 30,000 shares of 1% preferred stock of $100 par and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Determine the dividends per share for preferred and common stock for each year.
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