Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified. Consider the following:
Expected changes in supply and demand
Price elasticity of demand
Market structure
Government regulations
Make recommendations related to the strategies the organization might consider to maximize its profits and consider the following:
What are the ethical implications of these strategies?
Does this strategy align with the organization’s current values?
Does this strategy align with your own values?
Cite a minimum of 3 peer reviewed sources.
Select one of the following two assignment options
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