Question: This is a generalized question. Please answer in general Please arrange and organize the questions in the following order to avoid confusion. Choose a company

This is a generalized question. Please answer in general

Please arrange and organize the questions in the following order to avoid confusion.

  1. Choose a company of your own choice which can be a U.S. firm, or a firm from any country that is easily researchable using Internet search engines.
  2. Identify the name of the firm, and then provide a brief description of the goods and/or services that the firm sells.
  3. Demand scenario: Research the company and describe the company's demand scenario by reporting on:
    1. Price of the company's goods/services
    2. Income of buyers
    3. Prices of related goods/services
    4. Tastes/preferences of consumers
  4. Supply scenario: Research the company and describe the company's supply scenario by reporting on:
    1. Number of competitors/sellers
    2. Prices of resources required to produce goods/services
    3. Taxes and subsidies
    4. Technology
  5. Provide with a credible financial analysis, economic forecasting, or industry trade association website to determine what they are saying about the demand/prices for the goods/services in the company's industry for the next year. How would this impact the demand scenario for the company as you reported in #3? If you were a manager in the company you are evaluating, what would that mean for your decision-making?
  6. Provide with a credible financial analysis, economic forecasting, or industry trade association website to determine what they are saying about the supply/prices of resources needed to produce/sell the good/services in the company's industry for the next year. How would this impact the supply scenario for the company as you reported in #4? If you were a manager in the company you are evaluating, what would that mean for your decision-making?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!