Week 3 Current Market Conditions Competitive Analysis

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Description

Current Market Conditions Competitive Analysis

You have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential success of one of their existing products.

Select your organization and a product produced by that organization from IndustryWeek.

Write a 2,100-word analysis of the current market conditions facing your product, making sure that you address the following topics:

  • Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.
  • Analyze any comparative advantages and international trade opportunities.
  • Explain the factors that will affect demand, supply, and prices of that product.
  • Examine factors that will affect Total Revenue, including but not limited to:
  • Price elasticity of demand
  • Factors that influence productivity
  • Various measures of costs, including opportunity costs
  • Externalities and government public policy and their effect on marginal revenue and marginal cost
  • Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.

Use a minimum of 3 peer-reviewed sources from the University Library.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Submit TurnItIn report and WritePoint Report

Name the assignment as stated in the instructor policies

 

Grading Guide

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Content

 

Met

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Partially Met

Not Met

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Comments:

Student selects an organization and product from website specified in the assignment.
Student defines the type of markets their selected product will compete in along with an analysis of competitors and customers.
Student analyzes any comparative advantages and international trade opportunities.
Student explains the factors that will affect demand, supply and prices of their product choice.
Student examines factors that will affect Total Revenue including but not limited to price elasticity of demand and factors that influence productivity, various measures of costs, including opportunity costs, externalities and government public policy and their effect on marginal revenue and marginal cost.
Student recommends how their organization can maximize their profit making potential and increase their presence within the market served by the product.
The paper is 2,100 words in length.

Total Available

Total Earned

14

#/X

Writing Guidelines

 

Met

Â

Partially Met

Not Met

Â

Comments:

 

The paper–including tables and graphs, headings, title page, and reference page–is consistent with APA formatting guidelines and meets course-level requirements.

Intellectual property is recognized with in-text citations and a reference page.
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed including spelling and punctuation.

Total Available

Total Earned

6

#/X

Assignment Total

#

20

#/X

Additional comments:

 

 

 

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