Assignment:
1. Characterize the firm by its industry structure and demonstrate the impact that it has on the firm's products, price strategy, marketing strategy and the behavior of its competitors.
Banking industry pharmaceutical industry
2. Select a firm that you believe is poorly managed. Using the managerial economic concepts presented, justify your position and offer concrete, realistic and implementable changes the firm should consider.
3. Select an industry and identify its regulatory environment. Assess the impact of the regulation on the firm, the industry, its customers and society. What additional regulations would you recommend? What regulations would you remove?