Apple is the Company and the product is IPhone 6
Apple is the Company and the product is IPhone 6
3-2 Final Project Part I Milestone One: Supply, Demand, and Market Equilibrium
This milestone, which covers Section II of Final Project Part I, should be a paper structured as follows:
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- Describe the price elasticity of supply or demand for your product or service.
- Explain how two nonprice factors impact the demand of your chosen product or service.
- Explain how two nonprice factors impact the supply of your chosen product or service.
- Define the industry and the market equilibrium associated with the product or service.
- Predict the effect of changes in supply and demand on the market equilibrium.
- Describe the decisions related to supply and demand for the product or service that you would make based on the predicted changes in supply and demand on the market equilibrium.
5-2 Final Project Part I Milestone Two: Production and Costs
This milestone, which covers Section III of Final Project Part I, should be a paper structured as follows:
- Describe three key inputs (or factors of production) and fixed and variable costs involved in the production of your chosen product or service.
- Analyze the factors that impact your choice of inputs to produce the chosen product or service.
- Examine the production decisions that you would make based on the analysis of the factors impacting the choice of inputs to produce the chosen product or service.
7-1 Final Project Part I Final Submission: Microeconomic Analysis Paper
The microeconomic analysis paper should be a complete, polished artifact containing all of the critical elements of Final Project Part I, including Sections I and IV , which were not covered in the milestones.
In addition to covering all of the critical elements of Part I Milestones One and Two, the Part I final submission should include the following elements:
Determine whether the market structure of the industry in which your chosen company operates is perfectly competitive, monopolistically competitive, oligopolistic, or monopolistic. Justify your response.
Assess how the type of market structure impacts your chosen company’s financial performance as measured by performance variables over the past three years. Support your response with data and graphs illustrating two performance variables of your choosing (e.g., sales, net income, stock price) over time.
Answer the following question: How would possible changes in the industry’s market structure impact your chosen company’s business strategy in the future? Keep your company’s current business strategy in mind in your response.
This information should be incorporated with the overview (Section I) along with the content from Milestones One and Two, reflecting the incorporation of feedback gained throughout the course.
8-1 Final Project Part II Milestone: Overview and Macroeconomic Variables
This milestone, which covers Sections I and II of Final Project Part II, is a paper structured as follows:
- Provide an overview consisting of a brief description of the chosen company, your chosen product or service, and annual sales.
- Describe three macroeconomic variables in the United States that impact the supply and demand of your chosen product or service.
- Using graphs in Excel, interpret the trends of the three selected macroeconomic variables for the past three years.
- Based on the trends of the three macroeconomic variables, assess how the trends will impact the supply and demand of your chosen product or service. Include all calculations in an Excel file.
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10-1 Final Project Part II Final Submission: Macroeconomic Analysis Paper
The macroeconomic analysis paper should be a complete, polished artifact containing all of the critical elements of Final Project Part II, including Section III (Macroeconomic Policies) and Section IV (Macroeconomic Conditions and Company Performance), which have not been covered in the milestones.
In addition to covering all of the critical elements of Part II Milestone, the final submission should include the following elements, which cover Sections III and IV:
Describe the current monetary and fiscal policies in the United States. Consider including how these policies affect your company and its products and services.
Predict how possible changes in monetary and/or fiscal policy may impact the supply and demand of your product or service.
Describe the trends of two previously selected company performance variables (e.g., sales, stock pricing, net income) over the past three years. Keep in mind these are the performance variables selected in the microeconomic analysis.
Analyze the relationship between the two company performance variables and the three selected macroeconomic variables for the past three years using a correlation graph. Be sure to include the graph that represents the correlation.
Assess how the current monetary policy and fiscal policy in the United States may impact your chosen company’s financial performance in the short term (six months to one year). Justify your response.
The final macroeconomic analysis paper should incorporate feedback from Part II Milestone and should also reflect the incorporation of feedback gained throughout the course.View the entire interaction