Spring 2019 BUAD 222 – Individual Project:
Due Date: April 29, 2019
· Set up hypothetical Firm (Name, type of business etc. with business Logo on front page)
· Identify main goal/goals of your firm/business (4 dependent variable)
· Identify key variables influencing your business’ objective (5 independent variables)
· Outline projected correlations between your dependent and independent variables
· Identify potential extraneous variables if any that might impact your business
· Use deductive or induction reasoning to outline 5 advertising statements for your business
· Identify conditions that should prevail for your firm to at equilibrium in the market place; under what condition will your firm incur losses?
· What is the price elasticity of demand facing the services or products of your business? Using this information, explain the pricing strategy for your business.
· Explain why it is important to understand consumer behavior when establishing a business
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Explain why it is important to understand consumer behavior when establishing a business was first posted on July 17, 2019 at 7:23 am.
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