Project #73751 - Microeconomics LTA- Current Market Conditions

Assignment Instructions

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.

Selected organization/product-Apple Watch

Provide a 230 word response on the assignment section below.

1.     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.- Valencia

 

Subject Business
Due By (Pacific Time) 06/13/2015 09:00 am
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