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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.
- 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.
- Identify the name of the firm, and then provide a brief description of the goods and/or services that the firm sells.
- Demand scenario: Research the company and describe the company's demand scenario by reporting on:
- Price of the company's goods/services
- Income of buyers
- Prices of related goods/services
- Tastes/preferences of consumers
- Supply scenario: Research the company and describe the company's supply scenario by reporting on:
- Number of competitors/sellers
- Prices of resources required to produce goods/services
- Taxes and subsidies
- Technology
- 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?
- 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?
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