Should the organization or industry continue develop or, Ask an Expert

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2) Should the organization or industry continue, develop, or decrease current operations in order to maximize profits? Explain your answer.

a) If your answer is to expand: Should the organization/industry invest in new plants, equipment, or technologies? Should the organization/industry consider a merger with another organization? Explain your reasoning and explain global competition implications.

b) If your answer is to reduce: Should the organization/industry reduce production or shutdown their operations? Explain your reasoning.

I believe the company should continue to invest in technology in order to stay an oligopoly.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9310101

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