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Consider, you are recently promoted to a higher managerial position in Rani Juic
Consider, you are recently promoted to a higher managerial position in Rani Juice organization.
to answer the following:
1.Provide a brief profile of this organization (foundation, objectives, products/services/ operations, etc.); [200 Words]
2.Explain how this subject (Management Economics) can help you in effective management of your organization;[200 Words]
3.Consider the “Five Forces Framework and Industry Profitability” developed by Michael Porter (see page 7 of the textbook) as a reference and explain how these five forces affects the sustainability and profits of your organization in general; and[1000 Words]
4.Determine which of these five forces, is/are most crucial for you to be consider on a priority basis (please five the reasons/justification for your answer).[200 Words]
5.Suppose the owners (stockholders) of your organization ask you to lower the wages of your workers to pursue higher profits. What do you think would happen to the workforce of your organization (from quantitively and qualitatively perspectives and how this will affect the profitability of your organization in short-run and long-run?[400 Words+ Draw]
Addition link
Required
Be sure you address the statement very well. It is expected that you will write enough to convey your argument.
Please draw the curves/graphs, where necessary, and explain every step.
Provide all references used in the solution in PDF format.
Identify the points relied upon for each reference highlight the parts in the same Pdf.
Referencing and in-text citation APA
Times New Roman (size 12, double spacing) alignment
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