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Merced a small city situated in the central valley of California. Merced is also popular as the Gateway to Yosemite (Gligich, 2021). In the US one of the least expensive cities in Merced. According to...

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Week 3 Assignment 1

Week 3 assignment 1

Q Instructions: Click “Conferences” on the left-hand side in Canvas to attend a one-hour synchronous session led by the Lead Teacher. Your instructor will post an announcement indicating the date and time of the weekly synchronous session. You will not see the join button until the professor has entered the session. Those unable to attend should review the session recording (under the conferences tab) and provide a 100-200 word response summarizing the recording by Saturday at 11:59pm. Comment on something that was interesting to you.

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This week the interesting aspect had been the way in which profit margins have to be compromised/sacrificed for doing business in specific industries like the supermarket industry. Profit margins might not be required to be compromised/sacrificed in industries like the airline industry. However, the aspect of most industries becoming saturated and filled with enough number of competitors can be challenging for new entrants to enter and capture larger target-market share than the existing market players.