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eco 550 Assignment 2: Operations Decision




Question;Assignment 2: Operations Decision;Using the regression results and the other computations from Assignment 1, determine the market;structure in which the low-calorie food company operates.;Use the Internet to research two (2) of the leading competitors in the low-calorie microwavable food;industry, and take note of their pricing strategies, profitability, and their relationships within the industry;(worldwide).;Write a six to eight (6-8) page paper in which you;1. Outline a plan that will assess the effectiveness of the market structure for the company?s;operations.;2. Suppose the business operations have now changed from the market structure specified in the;scenario. Determine two (2) likely factors that might have caused the change. Predict the primary;manner in which this change would likely impact business operations in the new market;environment.;3. Analyze the major short-run and long-run production and cost functions for the low-calorie;microwaveable food company. Suggest substantive ways in which the low-calorie food company;may use this information in order to make decisions in both the short-run and the long run.;4. Determine the possible circumstances under which the company should discontinue operations.;Suggest key actions that management should take in order to confront these circumstances.;Provide a rationale for your response.;5. Suggest one (1) pricing policy that will enable your low-calorie microwavable food company to;maximize profits. Provide a rationale for your suggestion.;6. Outline a plan, based on the information provided in the scenario, that the company could use in;order to evaluate its financial performance. Consider all the key drivers of performance, such as;company profit or loss for both the short term and long term, and the fundamental manner in;which each factor influences managerial decisions.;7. Recommend two (2) actions that the company could take in order to improve its profitability and;deliver more value to its stakeholders. Outline, in brief, a plan to implement your;recommendations.;8. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia does not;qualify as an academic resource.


Paper#57735 | Written in 18-Jul-2015

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