You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and operating structure. As an economist, your responsibilities include examining the market factors that affect success or failure of a product, including the supply and demand for the product, market conditions, and the behavior of competitors with similar products.

The new management has identified several possible investments for the coming year. It has asked you and your team to evaluate the possibilities and make a recommendation to the board of directors. Jorge has identified an opportunity and assigned you the task of making a recommendation on the investment.

Use any product that a company similar to Vanda-Laye might produce.

Tasks:

  • Summarize the course project
  • Analyze marketing factors that can contribute the success or failure of a product for a company such as Vanda-Laye.
  • Evaluate the role capital budgeting can play in the recommendation of a new product.
  • Explain how government intervention can impact a new product such as the one you chose.
  • Justify if the product should be recommended. What were the determining factors in this decision?

Support your answers with examples and research and cite your sources using APA format.

 
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"

If this is not the paper you were searching for, you can order your 100% plagiarism free, professional written paper now!

Order Now Just Browsing

All of our assignments are originally produced, unique, and free of plagiarism.

Free Revisions Plagiarism Free 24x7 Support