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SECOND HIGH$-$STAKES ASSIGNMENT

You have just finished an introductory microeconomics course, and are required to prepare an economic report for the owner of the company you work in$.$ For example, if you work in a retail business, then, you should research the retail industry in your country, region, state, or city. The report will focus on showing how the company can improve its competitiveness in the industry. Students who are not currently employed will select any of the Fortune $1000$ companies for the assignment. The purpose of this economic report will be for students to show that they understand how theories, concepts, and tools of economics that they learned in the course may be applied in practice.

REQUIREMENTS:

The report should have a maximum of $6-7$ pages and will be due on Monday, May $20,2024.$ It should be sent electronically to my E$-$mail:

cikwueze@gcc$.$cuny.edu

You are required to format the pages using double spacing and the Ariel $12-$font size. Also, you must cite any primary and secondary sources of information you adopted in preparing the report.

Primary sources: This is the information you have collected from your company.

Secondary sources: This is the information which you collected outside your company. All secondary sources of information for the report must be cited based on either Modern Language Association $($MLA$)$ or American Psychological Association $($APA$)$ style.

Outline for Report $2.$

Introduction:

You are required to tell us the name, location and ownership structure of the business you want to write about as you did in Report $1.$ Then, tell us about, briefly, the current situation of the industry in which the business is located, in Queens, NYC or United States, depending on which location that you have enough information on$.$ After that, tell us about strengths, opportunities, weaknesses, and future potential of the business.

Body:

Adopt at least two theories that we studied in the course and use them to analyze the business.

$($i$)$

You have to adopt your first theory to analyze the business, using at least a two$-$dimensional graph and pie chart or bar chart for illustrations. Let us say you adopt the demand$/$supply theories. Then tell us about demand$/$supply of one of the business' products over a range of product prices, letting us know the strengths and weaknesses of the product and steps to improve its competitiveness.

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