Sign In
Not register? Register Now!
Essay Available:
Pages:
2 pages/≈550 words
Sources:
Check Instructions
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 10.37
Topic:

Microeconomic Variables and Government Intervention on Food Manufacturing Industry

Coursework Instructions:

Choose an industry that interests you. (Remember, an industry is not a company. An industry is a group of companies doing the same thing. Ford is a company. Automobile manufacturing is an industry.)
Do research on your industry. In a few short paragraphs, describe your selected industry:
Identify some of the major companies in this industry.
Identify the goods, and/or services this industry produces.
Keep track of your sources by copying their Internet addresses (URLs). You can paste these URLs at the end of your paper as your references.
Describe a microeconomic variable for your industry. Microeconomic variables include prices, sales, production, advertising, investment, and so on.
Include a graph, chart, or table showing this microeconomic variable over time.
You do not need to create this graph, chart, or table. Find one that has already been created and paste it into your paper. For example, if your industry is U.S. automobile manufacturing, Google, "U.S. automobile manufacturing over time." Select the "images" option. Choose one of the graphs, charts, or tables. Then copy and paste it into your paper.
Include a reference to the source of the graph, chart, or table. Microeconomic relationships and market outcomes are covered in Weeks 2–4.
Describe one way the government might impact this industry. Examples might include price controls, regulations, taxes, or any other way you can think of (Government intervention through price controls, regulations, taxes, and antitrust enforcement were covered in Weeks 2 and 4

Coursework Sample Content Preview:

Economic Principles - Microeconomics
Student Name
Institution Affiliation
Course Name
Professor’s Name
Date
Food Manufacturing Industry
The food and manufacturing industry transforms raw agricultural produce into processed products used for intermediary or final consumption by utilizing machines, energy, human labor, and scientific research (Wilkinson, 2008). Intermediary consumption is whereby the products of the manufacturing plants are used as the raw material for other manufacturing plants. The sectors involved in food manufacturing include meat processing, fruits and vegetables, bakery and tortilla products, dairy processing, beverages, and grains and oilseeds processing.
Major Food Companies
There are a lot of companies that are involved in the processing of food. Some of the significant companies include; Nestle, PepsiCo, JBS, Tyson Foods, and Mars. Nestle is in Stamford and specializes in baby food, candy, cereals, and canned food. Pepsi Company is situated in New York and deals with soda, juice, snack bars, pasta, and dairy products. JBS is in Greeley and supplies poultry, pork, beef, canned food, hides, and leather. Mars is based in Hackettstown and supplies candy, mints, snacks, sauces, condiments, gum, dried food, and pet food. Tyson Foods has its headquarters in Springdale, and it supplies meat products that include seasoned meats, appetizers, sausages, canned fish, and chicken.
Sales as a Microeconomic Variable
Microeconomic variables are patterns that can describe the behavior of an economic unit or an industry. They are variables as they change their magnitude regarding time. They thus help to decipher the behavior of a particular economic unit or even an entire economy. Some examples of these variables include; prices, sales, productivity, advertisement, investments, cost of inputs, market share of a business, and quality demanded.
A sale is described as a transaction between two or more individuals whereby a purchaser acquires tangible or intangible goods, services, or assets in exchange for money. In ex...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

👀 Other Visitors are Viewing These APA Coursework Samples: