eco 365 wk5

Management has recognized the effect of changes in the real-world competitive environment

and government policies on other industries and anticipates similar events occurring in their 

industry, so they ask you for a report considering the following points.

Write  900-word paper  in which you describe 

how each of the following are or potentially will affect your industry or one with which you are 

familiar: (APPLE _ specific product Iphone 6)

 New companies entering the market, mergers, and globalization, on pricing and the 

sustainability of profits: Identify the type of merger activity in your industry or one with 

which you are familiar-horizontal, vertical, or conglomerate-and explain why you 

made that choice.

 Current and expected government policies and regulations, including taxes and 

regulations in place to address issues related to externalities

 Global competition on the decisions made by management with regards to change in 

labor demand, supply, relations, unions, and rules and regulations in your chosen 

industry