Couldn't the file. Please check that file. ECO 365 Week 3 Current Market Conditions Competitive Analysis

ECO 365 Week 3 Current Market Conditions Competitive Analysis

ECO 365 Week 3 Current Market Conditions Competitive Analysis

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ECO 365 Week 3 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 Industry Week.

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.

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