Managerial Economics paper on Competitive Strategies and Government Policies
Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points.
Write 950 – 1,250-word paper [word count is of content, not title, not works cited].
Describe how each of the following are or potentially will affect an industry of each student’s choosing, or one with which a student is familiar with: • New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity in an industry [or one with which you are familiar] horizontal, vertical, or conglomerate-and explain the reasoning.
Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities
Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in the chosen industry
Industry examples: food retailing, automotive manufacturing, consumer electronics design and marketing, healthcare, oil and gas development, etc.
Recommend how the industry selected may respond to each of the previous points.
Format your paper consistent with APA guidelines. Write in the 3rd person. Include an introduction, thesis statement and summary conclusion
