2005AUG13/to
513.179
RE: TOPIC
GUIDELINES FOR GROUP PROJECT
If you have
any other questions,please send me an e-mail.
GENERAL
LENGTH
The
total length of the text of your paper should not exceed eight (8) pages. If you can do it with less, do it. The limit does not apply to any charts,
graphics or similar material you may choose to include. If you use something
you have downloaded or read elsewhere it should be footnotes and included in
the bibliography.
FORMAT
Be
sure to run some sort of spell-check and grammar-check before the final
printing. If you don’t you are throwing
points away.
NUMBER OF
COPIES
If
you want a MARKED-UP copy returned to you you should turn in two copies to
me. If you turn in one copy all you will
get back is a comment page.
TOPICS
PERFORMANCE
The
most important statistic for a firm is not earnings per share, or sales, or
market share, although they are all important.
Management lives and dies (or at least gets fired) on the basis of the
performance of the stock. Therefore, you
want to talk about the 5 –Year track record and how it compares to both the
other major firms in the industry and the DOW, NASDAQ, or STANDARD AND POORS.
If a member of your group has a brokerage account, this will be readily
available online, but be sure to footnote your source.
PRODUCTS
What
are the major products of the firm? Are
they produced in the United States or elsewhere? Does the firm have ECONOMIES OF SCALE or
SCOPE or both?
RESOURCES
Are
there any important labor issues? Is the
company unionized? Do they use mostly
skilled or unskilled labor? Do they
import any resources, such as raw materials, from other countries? Do they have environmental challenges or do
they try to advertise as a “green” company?
(Some companies file an ISO as a green company.)
COMPETITION
AND MARKET STRUCTURE
Who
are the major competitors? Is there a
dominant player in the market? Which one? Can you get market share data, or 4
or 8 digit concentration ratios, for the firm or the inductry? Based on what you found out, how would you
classify the industry, Competitive, Monopolistically Competitive?
Oligopolistic? Or Monopolized? Explain
your logic. Has the Justice Department
sent its attack dogs on any anti-trust issues?
MARKET
DYNAMICS
Is
Demand elastic or inelastic? (You
probably won’t have access to the data so you’ll need to explain the logic
behind your educated guess.) What are
the dominant changes in the industry at the moment? Is it that Demand is increasing or decreasing
or that Supply (or cost) is increasing or decreasing? Explain how you got to
that conclusion.
CONCLUSION
Can
you offer any criticism and/or analysis of the firm and its operations? What does the future of the company look
like? Is the stock a BUY or a SELL? Explain how you got to that
conclusion.