Client Presentation on Globalization: Part 1
Provide a brief introduction to Fourevr Enterprises, including type of business and industry and what types of products or services the company offers. (1 slide)
Define market failure and identify at least two of the most common forms of market failure. Select examples consistent with Fourevr’s operations (e.g., pollution controls for an oil and gas company, labeling requirements for a pharmaceutical company, intellectual property protection for an entertainment company, provision of public services such as police or fire protection, or publicly funded training programs to help train skilled manufacturing workers). (1–2 slides)
For each market failure identified, use graphs and economic models to explain the following (2–3 slides for each market failure):
The reason for the market failure
The possible or potential effects of the failure on Fourevr’s operations (whether positive or negative)
The role of government regulations/policy to correct each failure, and what effects those regulations might have on the company’s costs, revenues, and profits
