Assignment:
Examine the industry that Microsoft operates. ( 2 Pages, Times New Roman, Font 12)
In the last few years, several industries were hurt in the economic downturn such as the auto industry as well as banking. In this assignment, Relationship between the government and the market.
1.Review the following handout on market structures:
Which structure best describes the market in which your firm operates? Why?
2. What are some ways that the government has supported your industry?
3. The government has two important roles: promote competition as well as protect consumers. Suppose your firm develops a brand new product that is high in demand by consumers. Your firm applies and receives a patent. Should the government put time limits on your patent. Explain. (Be sure to do some additional research on your own as there are several recent examples on this issue: Apple vs. Samsung).