ECO 561 Week 3 Business Recommendations Based on Economic Projections Larson Inc - 36731

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Business Recommendations Based on

Economic Projections

 

The economic future of an industry may change depending on various economic

conditions. Predicting economic futures is an essential skill when choosing between

business alternatives. This Learning Team project prepares you to make informed

management decisions based on what you know about the economy.

 

For this project, your team must offer recommendations for a company to make business

decisions based on potential changes that may occur in the economy over the next 5

years.

 

• Resources: Learning Team Final Project document located on your student Web

site.

 

• Choose an organization for your final project. You may choose among the Larson

Scenario located on your student Web site, the Big Drive Auto Scenario located on

your student Web site, or an organization of your choosing in which you may obtain

the same type of data as the provided scenarios.

 

• Review the data for the organization you have chosen.

 

• Provide pricing strategy recommendations, recommendations for nonprice barriers to

entry, and ideas for product differentiation for the organization.

 

• Explain the evidence that supports these recommendations. 

Solution Description

ECO 561 Week 3

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ECO 561 Week 3 Business Recommendations Based on Economic Projections Larson Inc.docx
ECO 561 Week 3 ...