Answer & Explanation:I was needing some help for a current assignment where I have been given the responsibility of working with an organization’s CEO to do a competitive market analysis of the potential success of one of their existing products. I have to select an organization and product produced by that organization from Industry Week, direct web link to the site: http://www.industryweek.com/resources/iw50best/2015 Based on that following web link, I wanted to choose the Hershey Co., number 8 on the list, and the product I was interested in doing was their “Hershey’s Shareables”, direct web link: https://www.hersheys.com/en_us/products/shareables.html Also, from that Industry Week web link, I found the following for the Hershey Co. of their 2015 IW 50 Best Company Profile, direct web link: http://www.industryweek.com/resources/iw50best/2015/HersheyBased on this information, I have to write a 2,100-word analysis of the current market conditions facing your product, making sure that you address the following topics, include introduction and conclusion for the essay:Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.Analyze any comparative advantages and international trade opportunities.Explain the factors that will affect demand, supply, and prices of that product.Examine factors that will affect Total Revenue, including but not limited to:Price elasticity of demandFactors that influence productivityVarious measures of costs, including opportunity costsExternalities and government public policy and their effect on marginal revenue and marginal costRecommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.Use a minimum of 3 peer-reviewed sources or more.Format your paper consistent with APA guidelines, including peer-reviewed citations used within the text of the essay and direct web links of where the peer-reviewed sources were cited from for the reference page.I would appreciate any help I can get for this upcoming assignment and if possible, to have this answered within two days so that way it would allow me enough time to see how I can go about, based on the tutoring help I receive, in looking over how to set-up this essay as a presentation. Thanks!
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