Select your organization and a product produced by that organization from IndustryWeek- https://www.industryweek.com/resources/iw50best/2015
I'm thinking Nike Inc, shoes
Write a 2,000-word analysis of the current market conditions facing your product. Introduce what you are going to write about,write about it and then in the conclusion highlight a few specifics from the body of your paper. Use the following topics to formulate the headings within the paper:
• Describe the product.
• Describe the market stucture in which your selected product will compete, along with an analysis of competitors and customers.
• Differentiate between comparative advantages and absolute advantage and then use the terms.
• Are there 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
• Government public policy and/or regulations
• Marginal analysis
• Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.