You have been given the
responsibility of working with your organization’s CEO to do a competitive
market analysis of the potential success of one of their existing products.
Select your organization and a product produced by that
organization from IndustryWeek.
Write a 2,100-word analysis of the current market conditions
facing your product, making sure that you address the following topics:
- Define
the type of market in which your selected product will compete, along with
an analysis of competitors and customers. - Analyze
any comparative advantages and 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
and government public policy and their effect on marginal revenue and
marginal cost - Recommend
how your organization can maximize their profit-making potential and
increase their presence within the market served by the product.
Use a minimum of 3 peer-reviewed sources from the
University Library.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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