Tag: Managerial Economics

What strategies can the company use to minimize costs and maximize revenue?Does your company engage in unethical labor practices abroad or has it outsourced jobs to other countries? Does the ethics of what they do hurt the company?

Managerial Economics

In this assignment, you will apply information learned about global trade and exchange rates by applying strategies your chosen company (APPLE, INC.) can use to increase revenue and profitability. Consider if your company (APPLE, INC.) does business abroad or if it has foreign customers. What strategies can the company use to minimize costs and maximize revenue?

Using the company you have chosen (APPLE, INC.) for analysis in this class:

Determine the imports and exports in which your company engages.

Does your company import goods to sell to US consumers?

Does your company manufacture in the US?

Will the value of the dollar hurt or help your company?

Does your company engage in unethical labor practices abroad or has it outsourced jobs to other countries? Does the ethics of what they do hurt the company?

Using your research, forecast what impact this information will have on your company and what strategies they should employ to maximize revenue and profit.

Combine this information with the previous information on the following topics:

Consumer demand

Elasticity

Market structure

Product pricing

Cost structure

Impact of macroeconomic factors

Impact of possible fiscal and monetary policy

Prepare a presentation to the stakeholder group for the company you have chosen for analysis in this class outlining the economic factors that may impact this company going forward.

Presentation

Create a voice-over PowerPoint presentation.

Your slides should have brief bullet points (MUST INCLUDE SPEAKER NOTES FOR EACH SLIDE) while you narrate the presentation with the detail. At the end of your presentation you must have a reference slide showing all sources used for the presentation.

What will happen to the company if the Federal Reserve raises interest rates? How will profitability be impacted by inflation or deflation?

Managerial Economics

In this assignment, you will apply information learned about the financial sector and monetary policy to strategies their chosen company (APPLE, INC.) can use to increase revenue and profitability.

What will happen to the company if the Federal Reserve raises interest rates? How will profitability be impacted by inflation or deflation?

Considering these issues and the possible repercussions of changes in monetary policy are important in making sure that the company is able to weather any storm.

Instructions

Using the research you completed last week on the following questions for the company you have chosen for analysis in this class.

The current U-3 and U-6 unemployment rates

The current level of inflation/deflation according to the CPI and the PPI

The current level of GDP over the last four quarters

The five year trends in all of the above data

What, if any, monetary policy has been or will be implemented?

Using your research, forecast what impact this information will have on your company and what strategies they should employ to maximize revenue and profit.

Based on your research of the first four questions above, consider the current climate on monetary policy, and write a memo to an executive the company you’ve been researching.

Using your research forecast the impact monetary policy will have on your company.

Look at the data and identify any monetary policy that will likely be implemented and explain what impact that will have on the business you chose.

Then identify what strategies you feel they should put to use in order to improve performance and maximize profit.

Your memo should be 2 ½ to 3 pages typed (font size 12, double spaced, APA standard margins), adhering to proper grammar, writing structure topic organization, clarity of thought, and use of supplemental content. Here is a link to the format for a standard memo. You must adhere to APA citation guidelines.

Explain how the article relates to at least one of the learning objectives and explain why the information in the article matters in the context of business decision making.

Managerial Economics

Description

Economics can be a bit dry unless you can see how what you are learning applies in the real world.

By finding a current event that relates to a learning objective from each week, you can see how what you’re learning applies to real world companies and situations.

Instructions

For your initial post, identify and summarize a current event article that is relevant to the weekly learning objectives and assigned readings (COST ANALYSIS).

Do NOT choose the same article as your classmates.

Be sure to use reputable scholarly or journalistic sources such as The New York Times, Wall Street Journal, Washington Post, The Economist, , etc.

Explain how the article relates to at least one of the learning objectives and explain why the information in the article matters in the context of business decision making.

Your response should be insightful, thoughtful, and analytical. Your response must have a clear, well formulated, development using textual quotes and references; sentence structure, grammar, punctuation, and spelling count.

Citations must be in APA 6th Edition format.

What is the elasticity of supply for this good or service? Will the company be able to respond to changes in price?

Managerial Economics

Purpose

It is important to understand the elasticity of one’s good or service so that decisions can be made as to pricing as well as production. Price elasticity helps with pricing decisions and income elasticity let’s one know if the product is a normal or inferior good.

In this assignment you will use the company you selected to practice making decisions based on elasticity.

Instructions

Using the company you have chosen for analysis in this class (Apple, Inc.), conduct research to determine the following and then write a paper addressing this research:

Is the good or service sold by the company price elastic or inelastic?

How price elastic or inelastic is it?

How important is the income elasticity of demand for this good or service?

Is the product a normal good or an inferior good?

What is the elasticity of supply for this good or service? Will the company be able to respond to changes in price?

Based on your research, what strategies would work for your company to maximize revenue and profits?

The paper should be 2 1/2 – 3 pages typed (font size 12, double spaced, Times New Roman), adhering to proper grammar, writing structure, topic organization, clarity of thought, and use of supplemental content.

Your paper must adhere to APA citation guidelines.