Project Outline This project offers students the opportunity to apply the concepts we have covered in this class. The project involves investigating real world industry and markets as a means to further understanding of theories and concepts presented in this managerial economics course. This project requires student to perform analysis at two levels - the industry level and the firm level. From the list below, you are required to choose one of the industries as your industry focus; and choose one firm in your industry of choice as your firm focus. Select the industry and firm

• Industry: Healthcare Services
• Firm: Universal Health Services

In essay format, you are required to perform industry and firm analysis. The essay should explore/incorporate the following: a. A discussion of the opportunities that exist in that industry. b. Identifying the four leading firms in that industry, followed with a discussion of your opinion and analysis of why those firms are or have been industry leaders. c. An analysis of your firm using Porter's Five Forces Framework.

References:

Baye, R., & Prince, T. (2022).Managerial Economics & Business Strategy(10th ed.) [McGraw Hill]. McGraw Hill LLC.