Economic and Labor Issues

NooneyBSKS7000-7 Barbara A. Nooney Northcentral University NooneyBSKS7000-7 XYZ Construction, Inc. (XYZ) is expanding into Canada, Mexico and Asia prior to its initial public offering, which it would like to make in twelve months. Considering microeconomic and macroeconomic factors, legal and contractual issues, and duty and labor issues will assist XYZ in developing a strategic plan to successfully launch its IPO. Microeconomics is basically the see of supply and demand in the marketplace (Wikipedia, 2010). Being a level device company, XYZ needs to consider its competition, the demand for its service and the pith of those services that they can supply utilizing their current capability and resources. My research identified a few competitors that XYZ should be watching. Of position interest is Tetra Tech, Inc. a public company in the horizontal construction industry that launched its initial public offering in December 1991. Tetra Tech would probably be the strongest competitor of XYZ. In order for XYZ to compete with Tetra Tech and other suppliers of horizontal construction services, XYZ should develop an in depth understanding of supply, demand and equilibrate in the market place.

Consumer demand is the amount that all consumers atomic number 18 willing to purchase at different price levels (Engage, 2009). This commentary assumes that all other product or service features (like quality) among suppliers argon equal (Cengage, 2009). From XYZs perspective, the pricing of their construction services would influence the demand. The high the rates that XYZ charges the lower the demand will be for its services. A similar concept exists for supply. Demand is representative of all consumers in the market; supply is representative of all suppliers (Cengage, 2009). This time we post the concept in reverse, the price the consumer is willing to pay influences the amount the sellers are willing to supply. Balance or equilibrium is represented by... If you want to get a full essay, order it on our website: Ordercustompaper.com

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