You have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential
success of one of their existing products-
Research an organization and a product produced by that organization in which an analysis can be conducted-
Write a 1,750-word analysis of the current market conditions facing your product, making sure you address the following topics:
-Define the type of market in which your selected product will compete, along with an analysis of competitors and customers-
-Analyze any comparative advantages and international trade opportunities-
-Explain the factors that will affect demand, supply, and prices of that product-
-Examine factors that will affect Total Revenue, including but not limited to: =Price elasticity of demand
=Factors that influence productivity
=Various measures of costs, including opportunity costs
=Externalities and government public policy and their effect on marginal revenue and marginal cost
-Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product-
