An analysis of the dominant economic traits

Excel Student worksheet Objectives: This investigation is designed so that students can answer these questions: How often do certain easily-observable human traits occur in a population? Is there a relationship between the frequency of a trait in a population and whether the trait is dominant or recessive?

An analysis of the dominant economic traits

Conclusion Dominant Economic Features Analysis Presented bellow is an overview of the athletic footwear industry, including dynamics, dominant economic features and important strategic trends. Therefore, firms in the industry have to pay close attention to FX Foreign Exchange markets.

Industry life cycle Today, the global athletic footwear industry is a matured and saturated market, where a small number of large players dominate the market. High global competition in the industry has led to further consolidation, which have created a landscape of few, but large and powerful participants.

Thus, to support growth, firms ought to focus on pricing and margins. Weakening volume is caused mainly by general soft economic growth and slower consumer demand for discretionary goods.

Economic Activities: Meaning, Characteristics and Objectives

Moreover, consumers in the industry tend to be relatively price sensitive, which forces firms to lower prices to meet demand. In other word, consumers often look for cheaper alternatives, which push firms to offer lower priced items.


This leads to price pressure in the industry and lower profitability. Hence, to become successful in the industry, i.

There are several distribution channels in the industry, with the dominant being retail stores: Alongside retailing, the companies also sell their products on their own websites.

Due to the small number of large players in the industry, and large number of retail channels, producing firms have relatively high pricing power. Not only that, the top brands in the industry also have very strong brand names, which enables them to keep prices high, which lower the power of the buyers.

The largest players in the industry are relatively vertically integrated, as they produce their footwear themselves in outsourced production facilities, and then distribute some of their products through own channels company website and brand stores.


Athletic footwear is a relatively simple product with few parts, therefore less need for vertical integration. As mentioned before, most firms in the industry outsource their production to low cost regions in Asia and South America.

There is a high value of economy of scale in industries with relatively low margins, as it lowers cost per unit produced. By outsourcing, firms in the footwear industry are able to capitalize on this important economic feature. Also, this is another reason for why the industry is hard to enter for new upcoming competitors.

The products in the footwear industry, however, are relatively easy products to imitate from a technology and design perspective. Therefore, the industry has a relatively flat learning curve, which is a benefit for upcoming firms. On the other hand, new entrants face enormous initial investments in both branding marketing and production, which have made it very hard for new entrants to compete.The dominant economic traits of this industry start with having an enormous amount of capital required for staying competitive.

One is also required to spend lots of money on research and development, as the telecommunications industry seems to be the vision of the future. Lots of small companies or few dominant ones.

EX: plant locations and capacity of million tons.

An analysis of the dominant economic traits

Market shares range from a low of 3 percent to a high of 21 percent. Technical and Economic Characteristics of a CO 2 Transmission Pipeline Infrastructure 1 1 Introduction Context, aim and organization of the report Carbon capture and storage is considered one of the most promising technological options for.

The Industry’s Dominant Economic Features Market Size: The global airline industry consists of over airlines operating more than 23, aircraft, providing services to over airports. In the year , the industry’s revenue was 5/5(1).

Using the identifying characteristics presented to them, students analyze the pattern of inheritance in their family, and determine if it is an autosomal dominant, autosomal recessive, or X-linked trait.

Pedigree analysis is an example of abductive reasoning. In pedigree analysis you need to look for any clues that will allow you to decide if the trait is dominant or recessive and whether it is linked to an autosomal chromosome, or to the X chroomsome.

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