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E‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍conomics case study on Lord & Taylor department store and where they went wrong 1.Provide an Abstract or Executive Summary of the case by summarizing your report –not the case itself. Must be clear and concise and be at least one paragraph. 2.Identify the Statement of Immediate (obvious) Problem (s) (company’s issues)including the root cause of the immediate problem, and the secondary problem(s) that may not be solved if-and-when the immediate problem is solved. 3.Conduct/Describe the company’s Strengths, Weaknesses, Opportunities, and Threats ‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍(SWOT Analysis)by explaining at least three items for each element 4.Describe how two Macro factors(i.e. GDP, employment)andtwo Micro factors(i.e.,Supply/Demand, Production Capability)had an effect on this case. 5.Provide an Action Plan for this case including how to prevent a future similar occurrence.Must include what should be done(or have been done), by whom, why it should be done and how it should be(or have been)done. Should include a contingency plan should problems arise. Page (per APA Format) with at least 3 ‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍sources


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