Consequences of the situation that proposes the most significant consequences for society

Module Overview

Mostly consumers benefit from competition through greater choices and lower prices. However, not all markets are equally competitive. Consider the airline industry. Would prices of commercial aircraft—and eventually the cost of travel—come down if six or ten international companies competed for the business instead of just two? Perhaps. However, would it make sense for the new companies to enter the market? Probably not unless the government subsidized the effort.

Understanding the marketplace in which your business operates will help you maximize the probability of earning profit for your business. In this module, you will learn some basic principles of estimating the market and generating profit.

Module Readings

Complete the following readings early in the module:

  • Module overview
  • From your course textbook, Managerial economics: Economic tools for today’s decision makers, read the following chapters:
    • Pricing and Output Decisions: Perfect Competition and Monopoly
    • Pricing and Output Decisions: Monopolistic Competition and Oligopoly
  • From the Argosy University online library resources, read:
    • Lawler, E. E., III, & Toole, E. (Eds.). America at work: Choices and challenges. Gordonsville, VA: Palgrave Macmillan. Retrieved from http://site.ebrary.com.libproxy.edmc.edu/lib/argosy/docDetail.action?docID=10150440

Assignment: Current Examples of Market Structures

 

Instructions: In the previous assignment and the assigned readings for this module, you analyzed industries, identified their market structures, and determined how management decisions are made on the basis of the market structure.

In this assignment, you will learn to determine the industry classification of specific market structures and industries.

Tasks:

Identify an article on any one of the following management decisions commonly made in an organization:

  • Cutting costs
  • Enhancing business operations
  • Increasing productive capacity using technology

You can consult sources such as the Wall Street Journal, Financial Times,Bloomberg Markets, the Economist, US News and World Report, and the Argosy University online library resources.

After reading the article, respond to the following:

  • Identify the unifying theme in the article. Does the theme pertain to economics and the reasoning for cutting costs, enhancing business operations, or increasing productive capacity using technology? How?
  • Evaluate the situation that you think proposes the most significant consequences for society. What are the consequences that you foresee?
  • If you were the regulator of the industry analyzed in the article, how would you decide the validity of the company policy in the article and why?

Submission Details:

  • By Monday October 22, 2018, save your report and upload to the Submissions Area.

Turned-in on time, Grading criteria followed All assignment qualifications addressed correctly, Grading Criteria followed, Include Question followed by the answer  Reference Page Included Cover page Included, Paragraphs  Indented,  Running-head included, main heading should be centered; all  new  paragraphs should be indented;  paper should be right ragged,   not right justified; references,  should always go on a standalone  page. abstracts are not usually indented; acronyms should be spelled out when using them  for  the first time, for example HR. references as listed are APA  standard.   When you  submit your papers through turnitin.com, your overall  similarity  index  score should not be exceedingly high, with   ten to  fifteen percent  being  the maximum,  Please make sure your APA  formatting of citations. I have provided the  APA resource cite for you. https://owl.english.purdue.edu/owl/resource/560/01, Please work on using literature within the span of the last 5 years,  keep in mind there should not be any one, two, or three sentence  paragraphs

Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

Apply APA standards to citation of sources.

Assignment: Current Examples of Market Structures Grading Criteria & Maximum Points:

Evaluated the unifying theme in the selected article as it pertains to economics and the reasoning for cutting costs, enhancing business operations, or increasing productive capacity using technology. 28pts.

Evaluate the consequences of the situation that proposes the most significant consequences for society. 20pts.

Explained the way to decide the validity of the company policy in the article and provided a rationale. 20pts.

Articulated key points in a clear, logical, and professional manner with supporting evidence, wherever required. 12pts.

Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. 20pts.

Total: 100pts.

Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.

Use the order calculator below and get ordering with idealtermpapers.com now! Contact our live support team for any assistance or inquiry.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total:

Purchase Guarantee

Why ORDER at IdealTermPapers.com?

  • Educated and experienced writers.
  • Quality, Professionalism and experience.
  • Original Content writing.
  • Best customer support.
  • Affordable Pricing on orders.
  • Thorough research.
  • Ontime delivery of finished work.
  • 100% plagiarism free papers.

Reasonable Prices

  • To get the best quality papers isn’t cheap so don’t trust extremely low prices.
  • We can’t claim that we have unreasonably low prices because low prices equal to low quality.
  • Our prices are good and they balance with the quality of our work.
  • We have a Moneyback guarantee.

Original and Quality work

  • Our writers are professionals and they write your paper from scratch and we don’t encourage copy pasting.
  • All writers are assessed and they have to pass our standards for them to work with us.
  • Plagiarism is an offence and it’s never tolerated in our company.

Native Writers plus Researchers

  • Our writers are qualified and excellent and will guarantee the best performance in your order.
  • Our team has writers who have master's and PhD qualifications who can handle any assignment
  • We have the best standards in essay writing.

We have been in business for over 7 syears

  • We have always served our customers from all over the world and they have continued to order with us.
  • We value our customers since they have trusted us to do their assignments.
  • We are competent in our writing gained from experience over the years
  • Our company has 24/7 Live Support.

You will get

  •  Custom Admission Essay written by competent professional English writers.
  •  Free revisions according to our revision policy if required
  •  Paper format:  275 words per page, Times New Roman font and size 12, doublespaced text and1 inch margin
  •  On time delivery and direct order download
  •  Privacy guaranteed

We can help you:

  •  acquire a comprehensive professional presentation.
  •  get a unique and remarkable content as per your instructions.
  •  Get an additional portion that can be included to your existing presentation;
  •  turn your work in to an eyecatching presentation with well communicated ideas.
  •  improve your presentation to acquire the best professional standards.