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Essay / Research Paper Abstract
This 10 page paper examines the US company ADP, Automatic Data Processing. The paper starts with the graph of supply and demand in equilibrium and discusses fiscal policy and how it has may be expected to affect the industry. The paper includes industry forecast and individual forecasts. The bibliography cites 8 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEadpeco.rtf
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Unformatted sample text from the term paper:
processing and information based solutions and a tax filing system (ADP, 2005). Over 60% of the services come from these areas, indeed, one in every six US employees is paid
by ADP with ADP having more than 550,000 clients. There are also brokerage and claims services as well as many other computer data processing functions, such as training services.
If we consider the way in which the company operates, this is in a very competitive environment and the way that the company responds may be in terms of supply
and demand. The industry will satisfy the demand, which they may also help to create with marketing and sales. The greater the demand the higher the potential profit. Where there
is a demand in excess of the supply the prices will increase and the company will become more profitable. Where the supply is greater than the demand there will be
a downward pressure point he prices and profits may fall. If the supply and the demand are both plotted on a graph then the price that is charged will be
the point at which the lines cross. The company can impact both the supply by the level of services that it supplies as well as the demand by
looking at the marketing and also the way services are offered. By differentiation of services it is possible for the services for ADP themselves to increase even if there is
not a particular increase in the industry, meaning they may gain a larger market share. There is also the aspect of the mix of services offered. Where there is
a fall in some areas it is possible to increase services provision in other areas. The ability of ADP to give employers and commercial enterprises packages for data processing services
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