Maximizing Profits Within Markets Paper

Maximizing Profits Within Markets Paper

Company – Walmart

· Summarize the differences between the four market types.

· Provide a general explanation of how business may maximize profit within each market type.

· Identify the market type in which the selected business exists.

· Explain how this market type affects the selected business’s ability to maximize profits.

· Determine the optimal profit maximizing strategy for the selected business within its given market type.

· Explain specifically how this strategy may be used to maximize profits within the given market type.