Applied Economics Project Essay

Complete an economic analysis of a real company (Stitch Fix) as though you are presenting a strategic recommendation to stakeholders. Your economic analysis must produce a 5.5-6 minute video (or a presentation) that includes several economic components. As a result of your analysis, make and support a recommendation for a specific strategy to make the organization’s consumers less price responsive. In case your recommendations make demand more price elastic, what should be the strategy to increase revenues? Describe your chosen strategy and make your case compelling with a coherent and concise synthesis of your organization’s current information, relevant macroeconomic data derived from course resources, and three additional industry-specific, credible research resources. At minimum, your presentation must include the following:
Company – Stitch Fix
*Discussion of an economic strategy to make your segment’s customers less price responsive*
– Economic strategy description and strong research-based rationale (Slide 1)
– Challenges facing the organization if the economic strategy is selected and how they might be mitigated (Slide 2)
– Projections for change if the economic strategy is implemented, based on current trends (Slide 3)

***THIS WILL BE A NARRATED PRESENTATION. PLEASE ATTACH A WORD DOCUMENT THAT IS SCRIPTED FOR EACH SLIDE SO THAT I AM ABLE TO DO THE RECORDING WITH THE SCRIPT. PLEASE USE AS MANY SOURCES AS NEEDED (MINIMUM 6). ATTACHED ARE ADDITIONAL SOURCES YOU MAY USE.***