Bus 640 Case Study

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BUS 640 Entire Class / Managerial Economics / New Click Link Below To Buy: http://hwcampus.com/shop/bus-640-ashford/bus-640-entire-class-managerial-economics-new/ Or Visit www.hwcampus.com BUS 640 Entire Class / Managerial Economics / New BUS 640 Week 1 DQ 1 Firm Objectives Why do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty . To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic…show more content…
Accordingly, GGC is considering expansion into the eastern suburbs, where the homeowners are less wealthy. In past years, both GGC and BLG have installed several hundred systems in the eastern suburbs but generally their sales efforts are met with the response that the systems are too expensive. GGC has hired you to recommend a pricing strategy for both the western and east¬ern suburb markets for this coming season. You have estimated two distinct demand functions, as…show more content…
Study the demand elasticity for its products and discuss the availability of close substitutes for its products. How does that affect pricing decisions? Analyze the company’s profitability. Identify the economy or industry influences on its costs, operations, and profitability. Describe the competitive environment in which the firm operates, the distribution of market power, and the strategic behavior of the firm and its competitors. Apply your knowledge of the theory of this company’s market structure. How does the company make pricing and production decisions? Is your observation supported by the theoretical models? Refer to the financial reports for illustration. Identify any non-price competitive strategies that the company might be engaging in? Provide specific examples. Evaluate if the company made any mistakes in its decisions over time, and recommend any changes or improvements for the future operations. Refer to the financial reports when making specific observations or recommendations. Use economic language and demonstrate your understanding of the concepts and theories of this

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