For writing the paper select a company that you currently work for or plan to wo

Question

For writing the paper select a company that you currently work for or plan to work for in the future.

Choose a for-profit company that operates in the market economy since a non-profit or a

government organization do not normally operate through the market mechanism. In the paper

address the following:

1. A short description of the company focusing on its history, what goods and services it

provides, and who are its customers.

2. The market structure in which the company operates (four markets are possible as discussed

in class) with a justification of why you chose that market structure

3. The strategy the company should pursue to maximize its profits given its market structure.

Explanation / Answer

For writing the paper select a company that you currently work for or plan to work for in the future.

Choose a for-profit company that operates in the market economy since a non-profit or a

government organization do not normally operate through the market mechanism. In the paper

address the following:

1. A short description of the company focusing on its history, what goods and services it

provides, and who are its customers.

2. The market structure in which the company operates (four markets are possible as discussed

in class) with a justification of why you chose that market structure

3. The strategy the company should pursue to maximize its profits given its market structure.

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