Market Research Report The US relies on markets in order to distribute the resources needed to provide for our needs and wants. Whether it is NYSE, collectibles market or the neighborhood market for groceries, we interact daily in these markets. Your task is select a market in our economy and research the basic components of that market. It should include the following: A) An Overview /Introduction – this should describe the market that you have selected. What companies are operating in the market that you have selected? What is the overall total revenue generated in this particular market? What type of market structure is it? Where do the exchanges take place? (in a store, online, on the floor of the NYSE?) B) The Market – Provide specific research related to the companies that operate in the market. What is each companies sales in that particular market? What percentage share of the market do they have? Take a look at their advertising? What non-price factors do they use to sell their product? Who are their target groups? What is the general trend of sales in this particular market? What is the future outlook of sales? What barriers to entry exist in this particular market? C) Other Factors (influencing the market) – Is the market influenced by other factors such as suppliers to the market itself? What are the externalities that influence and impact the supply and demand in this market? Specifically, is the market impacted by government regulations place on the products supplied in this market? Part I Your report should be a minimum of 2-3 pages of text typed, DS, with a standard front. You should have at least three sources to cite at end of report and if you take any information directly from a source, it should be cited in the text of the report. You should have an introduction, body and conclusion. The above information should be included in the body of the report. (35 pts) Part II You are to create a trifold- brochure that summarizes the information about your market. All pertinent information should be included. Use of images, diagrams and products is expected to illustrate the current condition of the market related to industry sales and leaders. (15 pts.) DUE: Day 1 (November 30th) A) B) C) D) E) F) G) H) I) TYPE OF MARKET: Computers ITEM(S) TO BE EXCHANGE: Processor, Memory, Hard Drive, etc. HOW THE EXCHANGE TAKES PLACE? (PROCESS): In the store HOW IS PRICE DETERMINED?: What are the variables for cost? (Intended use, operating system, hardware, upgrades, etc.) WHO PARTICIPATES IN THE MARKET? (PLAYERS) (Who are the buyers, manufacturers, and related businesses) CURRENT MARKET TRENDS (What are the “hottest” computers? Most recent features or available types WHAT EXTERNALITIES ARE INVOLVED AND IMPACT? (What factors influence the cost? Demand from schools, competition, broadband availability) HOW IS THE MARKET REGULATED? (Is there regulation that controls computer hardware and software?) IDENTIFY THE MARKET STRUCTURE? (Who competes for share of the market?; Many companies provide variety of products/services)