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Essay Available:
Pages:
1 page/≈275 words
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Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.86
Topic:

Business Proposal Feedback Checklist

Essay Instructions:

Resource: Business Proposal Feedback Checklist.
Choose two business proposals from members of your Learning Team.
Provide feedback to your peers on the proposals using the Business Proposal Feedback Checklist. Include detailed, substantive comments.
Submit the completed checklists with comments to the corresponding students.
Submit a copy of the completed checklists with comments to your facilitator. Your comments are evaluated based on how well they correspond with the economic principles presented in Weeks One through Three.

Essay Sample Content Preview:
University of Phoenix Material
ASHLEY
Business Proposal Feedback Checklist
Important information
Included?
Comments
Identification of market structure
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Yes No
The proposal has identified oligopoly as the market structure for this company
Assumptions regarding market structure and elasticity
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Yes No
The assumption is that since the market is full of small firms, Xboxes will be able to create its own prices
To what degree do you agree or disagree with the items below?SD=Strongly Disagree
D=Disagree
N=Neutral
A=Agree
SA=Strongly AgreeJustification included?CommentsChosen method to increase revenue FORMCHECKBOX   FORMCHECKBOX   FORMCHECKBOX   FORMCHECKBOX   FORMCHECKBOX ‚
SD D N A SA
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Yes No
The writer has proposed a method of increasing its prices. In the short run, the company’s competitors will have the advantage. However, in the long run the company will increase its revenue due to customer’s loyalty to the products and high demand for the product.
Chosen methods to determine profit-maximizing quantity
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SD D N A SA
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Yes No
The chosen method is the increase of product supply to the market.
Use of concepts of marginal cost and marginal revenue to maximize profit
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SD D N A SA
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Yes No
The writer has remarkably used the concepts of marginal cost and revenue. She has properly explained the effect of the marginal cost on profit maximization.
Suggested mix of pricing and nonpricing strategies
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SD D N A SA
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Yes NoThe writer has proposed increasing prices as a pricing strategy. For the non-pricing strategy, she has proposed the production of added accessories to the Xbox like gold membership, headphones, wireless controls and rechargeable devices for the remote controls.Selected barrier to entry FORMCHECKBOX   FORMCHECKBOX   FORMCHECKBOX   FORMCHECKBOX   FORMCHECKBOX ‚
SD D N A SA
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Yes No
The proposal has not identified any barrier to entry
Chosen methods to increase product differentiation
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