Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product. The marketing director has asked your team to do a competitive market analysis to determine the product’s potential success. The analysis will focus on your primary competitor in the product’s market.
Select a potential competitive organization and a product in that organization
I’ve selected a car company and the product is electric car telsa
Write 200-500-word paper analyzing the current market conditions. Address the following topics:
- Factors affecting variable costs, including productivity and others that change the supply of and demand for labor
- Factors affecting fixed costs