the post has two assignments
1:Short history about a company
Instruction:
Use a creative title for your paper and primarily write an outline for your paper.
? Approximately two pages in length for outline
? Approximately 2500 words in length for paper
Pick a small company (ice-cream shop, restaurant, bookstore, parking structure or …) and write a short history about the company, major products, and location.
Determine the factors that will influence demand for their products (be specific)
Determine the factors that will influence supply of their products (be specific)
Pick one of their products and either calculate or speculate about the price elasticity of demand and the income elasticity of demand for that product. Justify your guess about how elastic the demand is with things you know about the product (for example, the demand for a product is likely to be very price elastic if there are many substitutes). Based on your estimate of price elasticity of demand what would you recommend as far as raising or lowering the price to enhance sales? (TR test).
Finally, identify some complements and substitutes for the product. How strong do you think the cross-price elasticities are likely to be? Based on what you have written, if you were selling this product, what measures, prices, or data would you try to keep track of if you wanted to predict how your sales might change over time?
Explain the nature of cost, fixed and variable, explicit and implicit and sunk cost for your business.
Calculate alternative measures of industry structure, conduct, and performance
Classify the type of business as competitive, monopolistic, oligopolistic or monopolistic competition. Explain your answer based on the characteristics of each market. As a manager which decision variables are relevant to make more profits for the firm?
Is there any particular pricing strategy being used by this Company? (Like price discrimination, bundling, coupons.)
Show how government regulations impact the prices and quantities of their products.
2:Business writing
Assignment:
write 5 pages excluding the cover page.
Write a formal research report
Topic:
You are a poet who owns a small pizzeria. A wealthy relative dies and leaves you his billionaire empire. To receive your inheritance, however, you must put together a business plan for a single business entity. The possibilities are endless. The business can be as big or as small as you like. Your report should:
– Define the business you wish to start
– Explain why you believe the business will be successful (financially or otherwise)
– Present your ideas in an effective business document
– Include no fewer than two properly labeled visuals
– Show evidence of research (include at least three secondary sources. Internet research is fine)
Be 5 to 7 double-spaced, printed pages
Format:
Cover
Title page (Report title, Prepared for, Prepared by, Date)
Table of Contents
Executive Summary
Body
Introduction (Background, Purpose, Scope, Methods and Plan of Development)
Factors examined
Summary & Recommendation (Direct) or Conclusion & Recommendation (indirect)
Back (Supplementary) Material (if required)
Works Cited (Bibliography or Reference)
NOTE: Invent necessary details to make the report realistic, practical and logical.
a poet