Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run.

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




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