ANALYZING ECONOMIC

PROBLEMS IN DIFFERENT
KINDS OF BUSINESSNG
 COMPUTING
COMPONENTS

FIRM 1
STAN THE GADGET MAN
MAJOR TROUBLE AREAS AND MISCONCEPTION

 MISUNDERSTANDING COMPUTING
COMPONENTS

PRODUCING A LOT OF ITEMS

CONFIDENCE
OVERPRICING
PROCESS
ANALYSIS
COMPUTING
- Stan increased the suppy because
COMPONENTS he
thought that the customers are
demanding it. He also sell the supplies in
a high price even though his business is
just starting which is not a good thing to
do.
 COMPUTING
COMPONENTS

EXPLANATION
EVALUATION
COMPUTING
- Stan’s approach to this problem isn’t
COMPONENTS

good because he made a decision out

of what he have heard. He should have
conducted a survey to know if the
business would
 COMPUTING
COMPONENTS
STRATEGIC
 Sell the products in a low price.
After you gain back the money, start the
business with the proper process.
 COMPUTING
COMPONENTS

FIRM 2
MAC KANNIC
 COMPUTING
COMPONENTS
Major trouble areas and misconception
 There are new competitors who's offering the
same service as them
 There is a price competition Between the
other companies companies
 There is a quality competition within the
companies
 COMPUTING
COMPONENTS
Analysis
- Mac Kannic is charging the same
value of price but he's not upgrading
his services which became a factor to
lose some of his consumers
 COMPUTING
COMPONENTS

EXPLANATION
Evaluation COMPUTING
Mac Kannic's decision is goodCOMPONENTS
in terms of
competition of price with the other
companies who's offering the same
service like his. But in the world of
business, he should always think of a way
on how he could stabilize his business
without thinking of getting beaten by the
other companies.
Strategic Plan
COMPUTING
 Upgrade the quality of your product or
COMPONENTS
service with the same price
 Train your employees so that they will learn
something new where they can use it on
producing the good product
 Think of a strategy where you, the manager,
your employees and your consumers will all
benefit
 COMPUTING
COMPONENTS

FIRM 3
CAL QULATOR
 COMPUTING
MAJOR TROUBLE AREAS AND MISCONCEPTION
COMPONENTS

 INCREASING OF HIS TUTORING SERVICE

LOSING OF DEMANDS TO STUDENTS
ANALYSIS OF THE DECISION OF THE COMPANY
COMPUTING
COMPONENTS

 Cal Qulator tend to increase his services for

the spots and he increase it for the people he
can teach because tutoring is not is his priority
anymore because he have enough money for
him
 COMPUTING
COMPONENTS

EXPLANATION
EVALUATION ON THE FLAWED DECISION
COMPUTING
For me as an economic consultant, Mr. Cal
COMPONENTS

Qulator’s approach is great a businessman

because he settled for more slots but with higher
price so it is a give and take and there is an
increase in demand because there is a new
curriculum
 COMPUTING
Increase the price depending onCOMPONENTS
the number of
students or the consumers that are willing to pay
for the said service Increase the quality of your
service so that the payment would worth
 COMPUTING
COMPONENTS

FIRM 4
Hal O’Ween
 COMPUTING
COMPONENTS

MAJOR TROUBLE AREAS AND MISCONCEPTION

Seasonal business
Increase in tax
 COMPUTING
COMPONENTS

The company haven’t made a decision

yet
 COMPUTING
COMPONENTS

EXPLANATION
 COMPUTING

The company should make

COMPONENTS

a different business
related to making costume
during off season
 COMPUTING
Keep your product with high COMPONENTS
quality so that the
consumers will still buy it.
Sell other products that is related to your original
business so that you can still earn money even if it
is not the holloween season.
Decrease the price of the holloween costume
when it is not the season for it. Make a discount!
 COMPUTING
COMPONENTS

FIRM 5
Neo Politan
 COMPUTING
COMPONENTS
MAJOR TROUBLE AREAS AND
MISCONCEPTION

Undertrained employees
Overpriced freezers
 COMPUTING
Neo Politan isconcerned that price
COMPONENTS
of
the freezer has tripled so in return, he
wanted to double the price so he would
get more sales because his products will
become a "unique product" since he was
the only one who can manufacture the
product. To make his situation worse, his
top ice cream maker.
 COMPUTING
COMPONENTS

EXPLANATION
 COMPUTING
Evaluation COMPONENTS
Neo politan's decision to double the price
of his products to increase the demand is a
great decision, because it makes his sales
go higher resulting to his company
becoming more stable.
Neo Politan should train his workers properly so
COMPUTING
he wouldn't worry about them not producing
COMPONENTS
much as his past top ice cream maker. He
should provide monthly training and evaluation
for his staffs and workers.
Sell the ice creams with the same price so that
the consumers can still afford it Provide a
training for your staffs so that even if one will
resign then it won't affect the business because
everyone can do what the others can.
 COMPUTING
Sell the icecreams with the same
COMPONENTS
price so that the consumers can still
afford it Provide a training for your
staffs so that even if one will resign
then it won't affect the business
because everyone can do what the
others can
FIRM 6
Tickets
Major trouble areas and misconceptions
- Ticket resellers or scalpers - He didn’t
conduct a survey
- Price of the tickets to the humber of
seats
EXPLANATION
Evaluation
- As an economic consultant, Red
Neckerson isn’t assuring that the
customers will not sell the ticket on a
higher price. Because there are scalpers
that is beyond their buying power
Strategic Plan
- Provide a stamp or bracelet for the
costumers who bought the ticket so that
they can’t resell it to other just like what
the scalpers are doing - Conduct a
survey so that you would know if your
plan will work