In addition to your week four paper, the second part of your paper will will recommend appropriate pricing and nonpricing strategies for your new or existing good or service based on the projected economy's stage in the business cycle and the prevailing projected economic conditions for one or more macroeconomic factors. Explain the evidence that supports these recommendations.
Required Elements:
Describe the current global economic conditions and their effect on local macroeconomic indicators for your good or service.
Describe the local economy's stage in the business cycle.
Describe how current credit market conditions affect your planning or operating decision for your good or service.
No more than 2100 words (in addition to the 1400 word paper completed in week four, an additional three pages at most is needed)