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Essay / Research Paper Abstract
This 5 page paper identifies the different ways a company can increase it's size, explain why a firm might do this and also considers any problems that might arise, all on the context of microeconomics. The bibliography cites 3 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEmicroe.rtf
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Unformatted sample text from the term paper:
can have little, if any. Direct influence. These are major issues such as the economy as a whole the political situation and technological breakthroughs. However, when we consider the micro
factors, these may be seen as more able to the factors that maybe seen as dealing with the immediate marketplace, and factors that there is an ability to change. To
consider how microeconomic can be used in determining how a company may grow we first need to consider the influence that microeconomic can have on a company. Microeconomic factors will
influence the way that prices are determined, also the revenues, the costs and the other immediate issues such as employment levels. These are all micro factors. Therefore, we can look
at how a company may use these to grow. Any company that needs to grow needs to determine in what way the wish to grow. Is this in overall market
size, in profit in actual physical size. If we are looking at growing the market share then we need to consider the resources that the company has and the way
that these may be used and managed. The resources a company may have can be seen as ranging form the tangible resources such as stock and physical premises, as well
as the less tangible assets in terms of the employees and the intellectual capital that a company had access to. In addition to this there s also the aspect of
capital that exists or can be accessed. These are all manageable, and as such are microeconomic factors that man be controlled. Let use
consider each in turn. The most obvious is that if capital. There are may ways that capital will be used. However, where there is growth required, either organically, or through
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