Assignment:
Management in the team's organization has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points. Create a 12 to 16 slide PowerPoint® presentation in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar:
1-The impact of new companies entering the market, mergers, globalization on the market structure, price elasticity of demand, pricing, and the sustainability of profits
2-The effect of global competition on the decisions made by management with regards to change in labor demand, supply, relations with unions, and rules and regulations in your chosen industry Recommend how the organization you chose may respond to each of the previous points. the organization picked was Exxon Mobile.