Assignment:
• Characterize the firm by its industry structure and demonstrate the impact that it has on the firm's products, price strategy, marketing strategy and the behavior of its competitors.
• Select a firm that you believe is poorly managed. Using the managerial economic concepts presented, justify your position and offer concrete, realistic and implementable changes the firm should consider.
• Select an industryand identify its regulatory environment. Assess the impact of the regulation on the firm, the industry, its customers and society. What additional regulations would you recommend? What regulations would you remove?
I am looking to choose a subject that is very simple to research and has a lot of information available.