Preview

Quasar Simulation

Better Essays
Open Document
Open Document
3185 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Quasar Simulation
Simulation Quasar
Following an economic analysis on the company Quasar Computers, based in the computer industry to understand pricing strategies and market competitiveness. First, identify the pricing strategies and price in each market structures: monopoly, oligopoly, monopolistic competition and perfect competition. Second, we describe the relationship between technology, research, development and economic efficiency and then justify the investment in these areas to maximize the economic benefits in each of the market structures. Third, identify potential risks and negative consequences of the selected solutions in different markets. Fourth, explain the global market will face more competition Quasar. And fifth, we discuss trade policy to understand how to keep Quasar Computers in a competitive market.
Quasar Computers
Quasar The company has pioneered Computers laptops "notebooks" in good condition. Quasar is evaluating a number of operational strategies of the business to expand the variety of conditions in each of the markets. Therefore, it has the backing of a dynamic team of senior executives of the company, which we will present below:
• Robert Spencer: Vice-President of Marketing
He wants "Quasar Computers" is a company focused on marketing their product.
• Jane Sarandon: Vice-President of Finance
She is always looking for ways to reduce costs and increase the attractiveness of the company to shareholders.
• David Pinto, Vice President of Technology
A brilliant technician, he is the "brains" behind the three-member team that designed the optical equipment. It can be found in the lab working to improve its amazing creation.
• Rajat Mehta: Marketing Consultant
An independent consultant has been hired by the company to the extent of their knowledge of marketing in various industries.

Pricing Strategies and No Price
Monopoly

In 2003, Quasar Computers has launched its first product fully optimal laptop "notebook" marks "Neutron" which is the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    You have been working as an economic consultant, and you have seen a significant number of firms needing outside help to assist in business policy and formulation. Because of your strong reputation, you have just been hired as a consultant for one of the following organizations:…

    • 664 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Hsa 505 Assignment 3

    • 2334 Words
    • 10 Pages

    Berry, L.L., and Parasuraman, A 1991, Marketing Services: Competing Through Quality, Free Press, New York…

    • 2334 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    The last computer for review is the HP Envy dv6t. Like the Dell the HP is also a third generation processor its Intel core i7 processor has a core speed of 2.4 GHz of speed boost that can ramp it up to 3.3GHz ad this makes for quick load times for programs even for graphic heavy games and photo editing software and as an extra the computer can be set for extra boost of speed. However the cost of this computer is $749.99 and this computer is ranked number one on the bestseller list of 2013.…

    • 474 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    yolanda

    • 300 Words
    • 1 Page

    In a strategic planning group at a large corporation you must be able to develop products and show why the product would be a success. A competitive market analysis will determine who the primary competitor in the market is at the time the product is released. The company and the product that was chosen in the analysis is the iphone 6 made by Apple. This paper will focus on the short history of the organization, the description of the Iphone, factors that will affect demand, supply, and equilibrium prices in the market in which the competitor organization operates. It will also address any issues or opportunities Apple faces that affect its competitiveness, long term profitability, price elasticity of demand, technological innovation, the relationship between the amount of labor, capital employed, the law of diminishing marginal productivity, cost structure and factor affecting fixed costs. The recommendations on how this product will maximize the profit making potential will also be made.…

    • 300 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    When industries are selling similar products this makes up market structure. I will be discussing economic profit that Quasar computer is able to make. The market structure is made of the following pure monopoly, pure competition, monopolistic competition, and oligopoly. In the simulation I learn about pricing and non pricing strategies and understanding the diverse market structure. Quasar put out a new first all-optical notebook that is called Neutron. Quasar had to come with strategy regarding price and gain profit while having the only notebook on the market and monopolizing.…

    • 483 Words
    • 2 Pages
    Good Essays
  • Good Essays

    “I certify that this is my own work and if this statement is untrue, I acknowledge that I will have committed an academic offense.”…

    • 675 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    P1 Unit 4 Business Research

    • 2470 Words
    • 10 Pages

    persons or agencies for purposes other than the solution of the marketing research problem at…

    • 2470 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Saga Holidays

    • 2927 Words
    • 12 Pages

    Although no one can prove that it is worth such a high price, this article endeavour to analyse its strategic market environment.…

    • 2927 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    There are four types of market structures in the economic marketplace; monopoly, oligopoly, monopolistic competition and pure competition (McConnell, Brue, and Flynne (2009). The Market Structure simulation (University of Phoenix, 2012) presented a case of Quasar Computers and the business decisions that the company faced in each of these business structures. This paper presents a summary of the results and impacts of those business decisions.…

    • 677 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    David Jones

    • 1851 Words
    • 8 Pages

    David Jones has a skilled, experienced and expertise Board of directors which is accountable for caring the rights, interests and the management of David Jones.…

    • 1851 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Quasar Computers has developed an all-optical notebook computer called Neutron that is five times as fast as existing microchip-based computers. They have asked the author to make operational and business strategy decisions in response to market conditions. The author has been asked to create a solution to these conditions using strategic variables available to sustain the economic profits the firm can earn, recommend pricing and non-pricing strategies, and what kind of innovations would sustain the organization’s uniqueness.…

    • 719 Words
    • 3 Pages
    Good Essays
  • Good Essays

    ASSIGNMENT INSTRUCTIONS

    • 1367 Words
    • 6 Pages

    You are employed as a Global Marketing Consultant and have been asked by your Senior Vice President of Marketing in IKEA to prepare a management report that addresses the following global marketing issues pertaining to the launch of the IKEA brand in China.…

    • 1367 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Two major conditions contribute to formation of a monopolistic trade environment. A product which has no close substitutes faces no competition thus its producer becomes a monopolist. Exclusive ownership of a key resource may lead to creation of a monopoly. A classical case is exemplified by the control of the computer hardware, market by International Business Machines (IBM) for nearly forty years. Due to its market dominance over the hardware, institutions that intended to initiate a project had to do so with IBM. (Rise in Monopolies, n.d.)…

    • 2226 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Booz Allen

    • 936 Words
    • 4 Pages

    Many seek the guidance and partnership of a consulting firm. They contract these firms to satisfy a number of their needs. One of the fundamental reasons for hiring consultants has to do with their exposure of the contracted firm. The theory is, the contracted consulting firm is exposed to other companies in the industry. Therefore, this should give the contracting company indirect access in to success practices of other in the industry. By the highlight comes in the form of knowledge sharing knowledge across industries, which in return; could provide an innovative solution to a problem, and may give the company a competitive advantage on others within the same industry.…

    • 936 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Insights derived by expert research consultants are tailored according to a company’s role in any business or industry and the critical initiatives undertaken to fulfill that role. Research independence is essential to remove the common mistakes and biases that often make business decisions either fall short of their goals or are made in accordance to the interests of other companies or any external institution.…

    • 624 Words
    • 3 Pages
    Good Essays