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ECON 308 Paper Assignment: Mini-papers Economics Case Study

Case Study Instructions:

please help me to do this paper!!
please use concepts from chapter 1, chapter2 and whatever chapter in the paper.
the book is on the McGraw-Hill Connect, you may log in and see the book.
username: ASK SUPPORT
password: ASK SUPPORT
its under ECON 308
Hello, you basically need to write 3 three-pages mini paper and merge into a 10 pages final paper. let me know if you have any question

 

Econ 308 Paper Assignment The paper is an economic analysis/explanation of aspects of one of the five corporate cases available. The unifying idea for your paper is that you are pointing out how economic theory can be useful in its analytical application to issues a firm manager may encounter in practice. The requirements for the paper content are flexible so you can be creative in the direction of your analysis and discussion. What I will mainly be looking for is: 1. That you take the first person perspective of the firm manager of the firm in the case you have chosen 2. That you use economic theory to discuss, explain, and/or provide insights/solutions into aspects of the case. The analysis does not need to be a comprehensive study of the case, and certainly not a summary. I will be looking for you to use economic concepts covered in the course to discuss aspects of your case in a way that makes economic sense. 3. The paper is at least 2500 words in length, written in Time New Roman font, size 12, double spaced, with standard margins. The Process Throughout the Semester for Completing the Final Paper Step 1: Choose 1 of 5 cases available on our class’ Canvas site. Step 2: Write three mini-papers throughout the semester using concepts from 3 different chapters we cover throughout the course of your choosing. Mini-papers are the rough drafts of the three sections that make up the body of your paper. The minipaper system a) Every time we finish covering a chapter in class I will open up a submission option on Canvas for a week so that you may write and submit a minipaper based on that chapter’s content. a. You will use at least one economic concept from the chosen chapter covered to perform your analysis. You do not need to use every concept covered in class from a chapter. b. You will see submission options open up throughout the semester for every possible minipaper. You only need to choose three to do. Don’t worry about the submission deadlines on Canvas that are for chapters you are not writing a minipaper on. Missing those will not hurt you. b) There is one open chapter submission option on our Canvas site to provide you some flexibility. It allows you to miss one deadline for a chapter that is covered and to submit a minipaper based on that chapter’s content anytime throughout the semester until the deadline for this paper is reached. a. For example, if we cover chapter one and you miss the deadline to submit a minipaper based on its content, then at any time throughout the semester you can write a chapter one minipaper and submit it in the open chapter submission option. c) Minipapers should be written in Times New Roman font, size 12, and double spaced. Margins should be standard. The length should be two to three written pages. This does not include headers nor titles. Minipapers that do not meet these specifications will not receive credit. Step 3: Toward the end of the semester when the paper comes due, you will take your 3 minipapers and merge them into your final paper. The process for doing this is simple: a) First write an introduction that should be about a page in length and can be made up of several paragraphs. The introduction should establish that you are the firm manager, give a brief summary of the circumstances you find yourself in, and the three ways that you used economic theory to analyze and/or discuss them. Think of the introduction as a one page English 101 paper that is essentially a preview of all the points you made in the body (your three minipapers) b) You will then take each of your three minipapers, give them a headings, and paste them into the paper. Feel free to write some smooth transitions between sections. Its always good to have a structured flow to a paper which makes the paper feel unified. a. If you did not complete three minipapers throughout the semester, you will still need to have three sections in your paper using concepts from three different chapters covered in the course c) You will then close the paper out with a good conclusion that mirrors the introduction. It should also close in on one page in length. Step 4: On or before the due date for the paper you should turn in both a completed digital version as well as a printed out hardcopy to me for the paper to be considered turned in. If you do not submit both versions, you will only receive at most 50% credit on the paper. Also, the paper will loose 25% in credit each day it is late.

Case Study Sample Content Preview:

ECON 308 Paper Assignment: Mini-papers
Name
Institutional Affiliation
ECON 308 Paper Assignment: Mini-papers
4Ps Marketing Mix and Staples
The modern business environment is characterized by high levels of dynamism. In this sector, change is regarded as the only constant that is predominant. Entrepreneurs and organizations in this sphere need to be proactive in establishing necessary countermeasures to guarantee that their business venture is a success. This aspect demands to have a thorough and intricate look into the market. The primary stakeholders of concern in the marketplace are the customers whose interests and expectations remain the defining factors to any enterprise that seeks to attract them to their products. Companies seek to gain customers’ attention through marketing antics that reveal the profound benefits that exist in using their commodities. In the quest to seek strategies that meet customers’ satisfaction, some marketers may rely on unethical means to achieve this goal. For instance, they could con or fool people about their products hoping to advance their sales. Ethics is a mere element in a very broad specter of marketing. This discussion uses the case study on Staples and Office Depot to extrapolate the role of marketing amid the internal and external factors that surround it.
Marketing is a strategic exchange in the value that the engaged parties offer. The buyer and seller are the parties in this process. The latter provides commodities (both goods and services) to the former expecting cash in return. Usually, money is the medium of exchange. A rational customer will seek to attain maximum services from limited financial resources they have and this is the reason why negotiation procedures are quite relevant in the process (Victor, Thoppan, Nathan, & Maria, 2018). The marketing department is involved in activities that comprise of an interplay between many stakeholders as well as the prevailing environmental forces. In this case, the department has to take into account the customers' needs and wants and using its human personnel to articulate how to convince customers to buy their products. In the relative case study, Staples, Office Depot, and OfficeMax have specialized in the provision of office supplies. Office supplies are a market segment where these companies believe they have the specialty to serve these customers. Market segmentation refers to the procedure where a company groups the marketplace into sub-groups of potential clients who pose the greatest strength for growth or where there are high financial returns (Rudiana & Komarlina, 2018). Therefore, these firms found the office supplies as a niche that could be exploited and are making the best form the prevailing situation to gain greater control over the market.
On the other hand, there are prevalent internal and external conditions that define the company’s progress. These range from regulatory, technological, competitive, economic, and social factors, which are found in the external sphere. A company’s micro-environment will encompass its resources, culture, and structure. For instance, the three companies mentioned above are obligated to adhere to the legislation as set in the constitution. A...
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