Question
Explain in writing using economic terms what is happening in the market. Provide a graphical analysis of market activity. Foreach firm , please provide in
Explain in writing using economic terms what is happening in the market.
Provide a graphical analysis of market activity.
Foreachfirm, please provide in writing a strategic plan.
Firm 1: Grocery store
Scenario 1: I am having quite a few issues throughout the various departments of my store, and I am hoping you can give me your expert advice.For several weeks, our grape shipments have been consistently low.Can you tell me why this might be happening and what I should do?
Scenario 2: Now over on aisle 14, I cannot seem to move jars of peanut butter?I have not changed the price of peanut butter so I am perplexed!What is happening?
Firm 2: Superstore
Scenario 1: Our line of store-brand items is in trouble and we need your help.A few months ago, our store-brand appeared to be doing very well.Recently though sales are down on everything from food items and paper goods to our line of clothing.We have not changed our price points which leaves us perplexed?Can you explain to us what is happening and offer any suggestions to improve our brand's performance?
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