Essays on Microeconomics Page 3

Explain why oligopolistic firms are affected by both interdependence and uncertainty when selling their product. An oligopoly is a market structure in which it is dominated by a small number of firms who have a high concentration ratio of the market and so have the ability to collectively exert control over supply and market prices….

 Environmental analysis (PESTEL, 5 forces) Political The political changes are likely to influence Whirlpool only insomuch it can affect the markets the company sells to, causing political instability that will wreak havoc in the economy. The company has already sustained, for instance, losses in South America – it can suffer more if the region experiences…

Ambient Advertising is often described as advertising that utilizes “outdoor non-regular media” and does not rely on traditional mediums like television, radio, or print. Instead of using billboards, for instance, Ambient Advertising may utilize elements of the environment, such as sidewalks. In essence, Ambient Advertising is an advertisement that seamlessly integrates into its surroundings and…

What is TJX’s mission statement? More U. S. and international customers What is TJX’s vision for itself in the future? They envision a marriage between stores and the web and plan to use $23 billion brick-and-mortar business and 700–person buying organization to increase the customer base and add incrementally to their top and bottom lines…

Supply-chain management, also known as SCM, refers to the oversight and synchronization of materials, information, and finance as they move through the process from supplier to manufacturer to wholesaler to retailer to the end consumer. It involves the coordination and integration of these flows both within individual companies and among multiple companies. Essentially, SCM encompasses…

Loctite should go ahead and launch Bond-A-Matic as an extension to its well-established brand as this represents a strategic opportunity for the company. Our recommendation is based on asking the following questions: i) Is there a demand for Bond-A-Matic and what is the right market segment for it? ii) Should Bond-A-Matic carry the Loctite brand?…

In 2001 Berkshire Partners began due diligence in hopes to make a bid for carter’s. Berkshire Partners was founded and led by of five as a private equity firm adhering to the following characteristics: building and sustaining relationships, rigorous work, deep analysis and the environment of open decision-making. Berkshire opts to create value by straightening…

The Electrosteel Castings case discusses the decision of an Indian manufacturer of ductile iron pipes (DIP) and cast iron pipes (CIP) to expand internationally. The main issue revolves around deciding where to expand and the type of investment to pursue. This paper will analyze the available options and make a recommendation. 1. Electrosteel’s options consist…

The Opportunity: How to identify your key target and focus your plans on this group only, to improve business impact and financial effectiveness – coming from a second-to-market position? Background: The Product – Nicorette is a smoking cessation chewing gum. NicoDerm CQ is an over-the-counter smoking cessation patch administered via a 3 step graduated program….

Introduction Over the past one or two decades, the IT industry in Singapore has grown tremendously. The IT industry is foundational to the creation of value in this new world economy. This is why the Singapore government promotes the IT industry, because they want to use this to gain competitive advantage against other countries. Businesses…