QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 5 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 08 Jun 2017 My Price 15.00

Differentiating Between Market Structures

Question description

 

 

You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the organization's ability to earn an economic profit over time and evaluate the effectiveness of the organization's competitive strategies.

Write a 1,400- to 1,750-word paper. 

Select an industry. Identify an organization in that industry. 

Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives. 

Describe the level of competition the organization will face if under each of the following market structures: 

  • Oligopoly
  • Perfect competition
  • Monopoly
  • Monopolistic competition

Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified. Consider the following: 

  • Expected changes in supply and demand
  • Price elasticity of demand
  • Market structure
  • Government regulations

Make recommendations related to the strategies the organization might consider to maximize its profits and consider the following: 

  • What are the ethical implications of these strategies?
  • Does this strategy align with the organization's current values?
  • Does this strategy align with your own values?

Cite a minimum of 3 peer reviewed sources.

Format consistent with APA guidelines.

NO PLAGERISM

Use the attached APA template.

 

 

apa_paper_template_300_499.doc

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Answers

QuickHelper
(10)
Status NEW Posted 08 Jun 2017 09:06 PM My Price 15.00

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