You are to select a firm that is experiencing significant economic, social, personal distress as a result of the fallout from COVID and the measures taken to combat it. You are writing as a managerial economics consultant with no way of predicting the course of the virus, how long it and restrictions on business activities will last, or what the economic climate will be like in the future. Begin by providing a BRIEF background and history of the firm and their place in the industry/economy they operate in. Historical information is to be short. More important is their current status – but not the most important. The firm you are consulting for knows its history and is primarily interested in learning about what they can do in the present and near future – this is where the great majority of your work should be. Detail the challenges they face at present and may encounter in the days ahead. Frame these challenges in the context of the real risks and uncertainties being dealt with. With the goal of helping the firm to eventually reach a fully functioning and healthy, profitable state, you are to provide recommendations for what actions they should take to deal with these successfully. This is the core of the project and where the majority of your efforts are to be directed. These actions should be practical, achievable and clearly stated – no fuzzy, feel good notions allowed. The material should be based on what you gain from sound industry/firm/economic/societal research and the application of a broad range of concepts and theories covered in this course, with more from economics and other relevant areas added at your discretion.
Do not select business that are currently successful, like Google, Facebook, Home Depot etc. Find one that is of interest to you that is experiencing real distress and may not survive. Do not use any work from previous classes or individuals (your own or others). Material in this Research Project is to be CURRENT – as in up to today if possible – with a clear focus on what can be done in the days ahead. The final product is to be a 5-10 page report submitted here as a word document, with all sources referenced. The 5-10 pages does not include a cover page or references and any charts, graphs, pictures etc. can be put in an appendix. The format is mostly up to you, with the qualifier that it serve the interests of firms needing paths of action that enable them to survive and prosper. To that end, do not use SWOT etc. forms that are not suited to the specifics of the present and near future.
Please Note: Plagiarism will not be tolerated. The paper must be written in your own words.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more