Write A Summary Of Sara's Story And Recommendations ✓ Solved
Write a summary to Sara's story. What recommendations would you
Write a summary to Sara's story. What recommendations would you suggest as her educational instructor in Middle School? How would you work to impact her academia in a most positive and successful way?
Using the regression results and computations from the Midterm, determine the market structure in which the low-calorie frozen, microwavable food company operates. Research two leading competitors in the industry and note their pricing strategies, profitability, and relationships within the industry. Write a six to eight page paper in which you:
1. Outline a plan that will assess the effectiveness of the market structure for the company’s operations. Note: The original assumption was a perfectly competitive market; the selling environment has changed to an imperfectly competitive market where the firm has market power to set an optimal price.
2. Given the change in market structure, determine two likely factors that might have caused the change and predict how this change will impact business operations.
3. Analyze the major short-run and long-run cost functions given: TC = 150,000,000 + 100Q + 0.0063Q2; VC = 100Q + 0.0063Q2; MC = 100 + 0.0126Q. Suggest ways the company may use this information for short-run and long-run decisions.
4. Determine circumstances under which the company should discontinue operations, and suggest key management actions, noting the short-run price must cover AVC and long-run must cover ATC.
5. Suggest one pricing policy to maximize profits: find the inverse demand equation from the firm's demand, find TR and MR, use MR = MC to determine optimal price and output level and compare to the earlier competitive outcome.
6. Outline a plan to evaluate financial performance, considering key drivers such as profit/loss short-term and long-term.
7. Recommend two actions to improve profitability and deliver value to stakeholders, with a brief implementation plan.
8. Use at least five quality academic resources.
Paper For Above Instructions
Executive summary
This document addresses two discrete tasks. First, it summarizes Sara’s story (a primary-grade student with persistent reading difficulty), provides middle-school instructional recommendations, and outlines strategies for positive academic impact. Second, it analyzes a low-calorie frozen microwavable food firm that has moved from a perfectly competitive environment to an imperfectly competitive one: it identifies likely market structure, competitor behaviors, cost-function implications, pricing policy, discontinuation criteria, performance evaluation measures, and recommendations to improve profitability.
Part I — Sara’s story: summary and middle-school recommendations
Summary: Sara demonstrated early, persistent difficulty learning to read in first and second grade despite cognitive potential and motivation. Formal school evaluation identified a learning disability. She receives daily support from a reading specialist and resource-room teacher and has made progress into fourth grade (NICHCY, 2010).
Middle-school recommendations
1) Individualized Education Program (IEP) continuity: Ensure an updated IEP with goals, accommodations, and measurable benchmarks; continue specialized reading services and quarterly progress monitoring (U.S. Dept. of Education, 2004).
2) Evidence-based literacy interventions: Implement structured literacy approaches (explicit phonics, decoding, fluency practice) delivered by trained specialists in small groups (Torgesen et al., 2006; Shaywitz, 2003).
3) Response to Intervention (RTI) and progress data: Continue RTI tiers for flexible intervention intensity and use frequent formative assessment to adjust supports (Fuchs & Fuchs, 2006).
4) Classroom accommodations and assistive technology: Provide extended time, text-to-speech, audiobooks, scribing support, and graphic organizers to reduce barriers and build independence (NICHCY, 2010).
5) Content access and self-advocacy: Teach study skills, organizational strategies, and self-advocacy to prepare for middle-school demands; coordinate with parents and counselors for social-emotional supports.
6) Multi-disciplinary collaboration: Regular team meetings among parents, special educators, reading specialists, and general educators to align goals and ensure consistent scaffolds across subjects.
These approaches balance remediation and accommodation to sustain academic growth and self-confidence (Shaywitz, 2003; Torgesen et al., 2006).
Part II — Managerial economics analysis for low‑calorie frozen microwavable food firm
Market structure and competitor overview
Given the firm now “has substantial market power,” the industry is best characterized as monopolistic competition or an oligopoly with differentiated products (product branding and limited number of major players) (Carlton & Perloff, 2005). Two leading competitors—large branded producers such as Nestlé’s frozen-meal lines and Conagra Brands’ Healthy Choice—use differentiated product positioning, brand promotions, and national distribution partnerships; pricing strategies mix value and promotional pricing, and profitability varies with scale, brand strength, and cost control (Statista, 2023; Conagra Annual Report, 2022).
Plan to assess market-structure effectiveness
Measure concentration (CR4, HHI), estimate demand elasticity via regression (using midterm results), analyze entry barriers (brand loyalty, shelf space), assess product differentiation (feature and nutritional claims), and monitor price-cost margins. Combine qualitative industry mapping with quantitative HHI and elasticity estimation to judge strategic leverage (Varian, 2014).
Two likely factors causing the market change
1) Product differentiation and branding escalation (consumers value low-calorie credentials), and 2) consolidation or strategic partnerships restricting supply and increasing market power. These changes increase pricing power, require increased marketing/R&D, and shift focus toward margin management rather than pure volume competition (Pindyck & Rubinfeld, 2013).
Cost-function analysis and managerial implications
Given: TC = 150,000,000 + 100Q + 0.0063Q2; VC = 100Q + 0.0063Q2; MC = 100 + 0.0126Q.
- AVC = VC/Q = 100 + 0.0063Q.
- ATC = TC/Q = 150,000,000/Q + 100 + 0.0063Q.
Short-run decisions: firm should produce if market price P ≥ AVC (shut-down rule). Use MC and MR to set output where MR = MC for profit maximization (Varian, 2014). Long-run: scale decisions should consider spreading fixed cost; evaluate whether increasing Q reduces ATC sufficiently to justify expansion. Marginal cost rising suggests limited scale economies beyond certain outputs; consider capacity optimization and process improvements to lower variable coefficients.
Discontinuation circumstances and management actions
Short-run: discontinue production if P
Pricing policy to maximize profits
Recommendation: value‑based, differentiated pricing with MR=MC optimization. Practically, estimate inverse demand P(Q) from demand regression, compute TR = P(Q)·Q, derive MR, set MR = MC to find optimal Q, then P = P(Q*). Complement MR=MC rule with price segmentation (premium SKUs, promotional tiers) to extract consumer surplus and increase overall profitability (Varian, 2014; Carlton & Perloff, 2005).
Financial performance evaluation plan
Track short-term metrics: contribution margin, gross margin, operating margin, and breakeven analysis. Long-term metrics: ROIC, NPV of product lines, and market-share-adjusted profit growth. Perform sensitivity and scenario analysis using MR=MC-based output and compare profits to the competitive benchmark from Assignment 1 to assess impact of market power (Pindyck & Rubinfeld, 2013).
Two actions to improve profitability with implementation plan
1) Product and channel innovation: invest in formulation to lower variable cost per unit and add premium SKUs; pilot in targeted regions, measure uptake, then scale. 2) Supply‑chain optimization: renegotiate inputs, consolidate logistics, and pursue private-label partnerships to increase volume utilization. Implementation: 6–12 month pilots, KPIs (unit cost reduction, SKU margin, incremental sales), quarterly reviews, and ROI gating for roll-out.
Conclusion
For Sara, structured literacy interventions, sustained IEP supports, assistive technology, and collaborative planning will maximize academic outcomes (Shaywitz, 2003; Torgesen et al., 2006). For the firm, recognizing an imperfectly competitive market necessitates MR=MC pricing, strategic differentiation, cost management informed by the given cost functions, and clear discontinuation criteria (Varian, 2014; Pindyck & Rubinfeld, 2013). Together, these evidence-based approaches support long-term success for the student and the firm.
References
- NICHCY (National Dissemination Center for Children with Disabilities). (2010). Learning Disabilities. Legacy resource. Retrieved from https://www.parentcenterhub.org/nichcy-resources/
- Shaywitz, S. (2003). Overcoming Dyslexia. Alfred A. Knopf.
- Torgesen, J. K., et al. (2006). Academic literacy instruction for students with severe reading disabilities. Learning Disabilities Research & Practice, 21(3), 137–146.
- Fuchs, D., & Fuchs, L. S. (2006). Introduction to response to intervention: What, why, and how valid is it? School Psychology Review, 35(4), 556–572.
- U.S. Department of Education. (2004). Individuals with Disabilities Education Act (IDEA).
- Varian, H. R. (2014). Intermediate Microeconomics: A Modern Approach. W. W. Norton & Company.
- Pindyck, R. S., & Rubinfeld, D. L. (2013). Microeconomics (8th ed.). Pearson.
- Carlton, D. W., & Perloff, J. M. (2005). Modern Industrial Organization (4th ed.). Pearson.
- Statista. (2023). Frozen ready meals market in the United States—statistics & facts. Statista Research Department. https://www.statista.com/
- Conagra Brands. (2022). Annual Report and Form 10-K. Conagra Brands, Inc. Retrieved from https://www.conagrabrands.com/investors