ECO 365 Week 3 Learning Team Current Market Conditions Competitive Analysis

Feb 3rd, 2012
Studypool Tutor
University of Toronto
Course: ECO 365 Economics.
Price: $50 USD

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Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product. The marketing director has asked your team to do a competitive market analysis to determine the product’s potential success. The analysis will focus on your primary competitor in the product’s market. Select a potential competitive organization and a product in that organization. Write a 1,400 – 1,750-word paper of no more than analyzing the current market conditions. Address the following topics: • A short history of the organization and a description of their product • Factors that affect demand, supply, and equilibrium prices in the market in which the competitor organization operates: Define the market for your chosen product, including an analysis of its competitors, potential customers, or potential buyers. • Any issues or opportunities your organization or industry faces that affect its competitiveness and long-term profitability with regards to yo

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