Economics Team Assignment wk3

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timer Asked: Apr 12th, 2017
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Question Description

Purpose of Assignment

To make an industry study.Includes a detaild analysis of the suppliers and consumers.

Purpose of Assignment

Students will develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior of their chosen organization in the market served. Using the concept of comparative advantage, students analyze trade opportunities and use the model of supply and demand to explain factors that could affect demand, supply and prices. Students will determine various factors that could affect their organization's total revenue and will recommend actions the firm could use to maximize their profit and their presence in the market served.

Assignment Steps

Scenario:

Imagine you are part of a strategic planning group at a large corporation that is considering entering in a new industry. The Strategic Plan involves all the areas of the company. The strategic anallysis begins with an industry study. The Marketing Director has to submit that study and has asked your team to do that industry analysis.


1. Pharmacetical Industry (Painkillers)

Create a 20 to 40-slide PowerPoint® presentation (with extensive speakers' notes and quantitative data in each slide) in which you describe:

A main section with the following subsections (use a heading for each of them):

  • International Experience in the industry: difference between the US industry and selected cases in foreign countries. Foreign competition; restrictions to international trade.
  • Externalities: positive or negative externalities?
  • Results in the industry (products, prices, profits, regulations, etc.)

This is a team assignment. I have attached a draft for the portion of the slides that I am needing completion on. Each slide will tell you how many are required. Please cite all work and add speakers' notes to each slide and quantitative data in each slide. Again, this is a team assignment and will be tied into other slides. Please only work on the bullets above.

Unformatted Attachment Preview

Current Market Conditions Competitive Analysis Pharmaceutical Industry (Painkillers) Team A ECO/365 4/17/17 International Experience  International Experience in the industry: difference between the US industry and selected cases in foreign countries. Foreign competition; restrictions to international trade ( 2x Slides) )(1x Slide for quantitative data)= 3 total-Teresa International Experience  International Experience in the industry: difference between the US industry and selected cases in foreign countries. Foreign competition; restrictions to international trade ( 2x Slides) )(1x Slide for quantitative data)= 3 total-Teresa International Experience  quantitative data-Teresa Externalities: positive  Externalities: positive or negative externalities? 2x Slides)= 2 total-Teresa Results in the industry  Results in the industry (products, prices, profits, regulations, etc.)2x Slides) = 2 totalTeresa Results in the industry  Results in the industry (products, prices, profits, regulations, etc.)2x Slides) = 2 totalTeresa New entries: Technological innovation Any issues or opportunities your organization faces that affect its competitiveness and long-term profitability with regards to their current situation. This may include but is not limited to the following elements:  Technological innovation--(1xslides)= 1 total-Teresa References  Place all references on this slide References  Place all references on this slide ...
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Tutor Answer

ProfWald
School: University of Virginia

Hello. Here is the complete work.

Introduction Pharmaceutical
Industry





The pharmaceutical is a multi-billion industry.
There is a need to regulate this industry.
Painkillers are the drugs that are used to relieve a person from pain.
The industry is very competitive and making it in this industry requires
that one conducts great research to familiarize themselves with the
industry.

International Experience
➢This section will analyze the pharmaceutical industry in the US an compare it
with some other countries.
➢The U.S. pharmaceutical market is the world's most vital national market.
➢The United States alone holds more than 40 percent of the worldwide
pharmaceutical market.
➢In 2015, this share was estimated to be around 413 billion U.S. dollars.

Pharmaceutical industry in the
US



The biopharmaceutical pipeline likewise has more than 7,000
new medications
The National Science Foundation reports that the U.S.
biopharmaceutical segment represents the biggest single
share of all U.S. business innovative work (R&D) speculation,
speaking to 23.4 percent of all household R&D supported by
U.S. business in 2013.

Qualitative Data




Over 854,000 individuals work in the biopharmaceutical
industry in the United States
the industry underpins a sum of 4.4 million employments
over the United States
The industry included an expected $1.2 trillion in financial
yield in 2014, speaking to 3.8 percent of aggregate U.S. yield.

Pharmaceutical Industry in
Mexico
➢ An enhancing administrative condition and
high outside speculation has made Mexico's
pharmaceutical market one to watch
➢ Worth $13.47bn (£8.87bn) in 2012, just
Brazil's is greater in South America.

Pharmaceutical Industry in
Mexico



Mexico is the twelfth biggest pharmaceutical market on
the plan...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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