Microeconomic analysis: Australian Supermarket and Grocery Store Industry
centercenterLatika Salian
Microeconomic analysis: Australian Supermarket and Grocery Store Industry
090900Latika Salian
Microeconomic analysis: Australian Supermarket and Grocery Store Industry
Title
School Name AIM Business School
Student Name Latika Salian
Student ID Number Unit Code Unit Name Economics for Manager
Assignment Title Microeconomic analysis: Australian Supermarket and Grocery Store Industry
Facilitator Word Length 2000
Word Count Due Date Date of submission Intellectual Property Statement
By checking the box below, I certify that this is my own work. All statements and sources are carefully acknowledged, sourced, and cited and I accept full responsibility for the contents contained in the assignments. None of the material in this assignment has been submitted in another course or another assignment. No material has been copied, borrowed, or taken from a source that has not been accurately acknowledged.
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Date:
Executive SummaryAn executive summary (Must include below)
Executive Summary The job of an executive summary is to give the reader an overview of the report. In business it will allow the reader to make a decision or pass it to decision makers for further review. It is not an introduction. A good executive summary will include:
The aim of the report.
The procedure/methodology/analytical process which will be used.
A summary of the main results/findings.
A summary of the Conclusion (based on the results and discussion).
A summary of any recommendations.
Table of Contents (Plz populate Table of content include page numbers)
Table of Abbreviations and Acronyms
Abbreviation/Acronyms Explanation
Introduction (on super market Industry and how the market is structured)
Microeconomic analysis: Australian Supermarket and Grocery Store Industry
The Supermarket and Grocery Stores industry is one of the most fiercely competitive industries in Australia Refer to the one downloaded
Research the Australian Supermarket and Grocery Store industry and determine the market concentration. (Watch video 1 & 2)
What is your view on MC?
Market is highly concentrated or not
Market is highly competitive or not competitive
Talk a little bit about Australian Supermarket and trends about this industry
Industry definition
Major players in Australia
Major products and prima activities
Key statistics
Key trends
Economic Research Government departments website as well.
Based on your research, explain whether or not, and why you agree or disagree with the above statement. (Watch Video two)
Discuss which of the four (4) market structures best describes the Australian Supermarket and Grocery Store industry. Explain the reasons for selecting one of these four structures. (Watch video two)
Just focus on one of the below
1) Market Structure Perfect Condition
2) Market Structure Monopoly
3) Market Structure Imperfect or Monopolistic competition
4) Market Structure Pricing Policy
Using your selected market structure, analyse the economics and pricing policies that you would to expect to find in the Australian Supermarket and Grocery Store industry.
Conclusion (which summarises the insights you have gained from this assessment task)
Referencing
Appendix
