Assignment 2: Current Examples
of Market Structures
In the previous assignment and
the assigned readings for this module, you analyzed industries, identified
their market structures, and determined how management decisions are made on
the basis of the market structure.
In this assignment, you will
learn to determine the industry classification of specific market structures
and industries.
Tasks:
Identify an article on any one
of the following management decisions commonly made in an organization:
·
Cutting costs
·
Enhancing business operations
·
Increasing productive capacity
using technology
You can consult sources such
as theWall Street Journal, Financial Times, Bloomberg Markets, theEconomist, US News and World Report, and the Argosy University online library resources.
After reading the article,
respond to the following:
·
Identify the unifying theme in
the article. Does the theme pertain to economics and the reasoning for cutting
costs, enhancing business operations, or increasing productive capacity using
technology? How?
·
Evaluate the situation that
you think proposes the most significant consequences for society. What are the
consequences that you foresee?
·
If you were the regulator of
the industry analyzed in the article, how would you decide the validity of the
company policy in the article and why?
