write a 1 750 word analysis

Assignment Steps

Scenario: You have been given the responsibility of working with YOUR current or a previous employer’s CEO [you cannot use Walmart or Apple unless you actually worked for them for more than one year] to do a competitive market analysis of the potential success of one of their existing products.

Research this organization and a product produced by it organization in which an analysis can be conducted.

Write a 1,750-word analysis of the current market conditions facing your product, making sure 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.