Pick any ONE business/company of your choice. The company you choose can be a small local restaurant or a large multinational company. Based on your selection, answer the foll

Description:

Total Possible Score: 15.00

Distinguished – Thoroughly describes the basics of the business chosen, including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit.

Proficient – Describes the basics of the business chosen, including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit. Minor details are missing.

Basic – Minimally describes the basics of the business chosen, including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit. Relevant details are missing.

Below Expectations – Attempts to describe the basics of the business chosen, including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit; however, significant details are missing.

Non-Performance – The description of the basics of the business chosen, including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit is either nonexistent or lacks the components described in the assignment instructions.

Distinguished – Comprehensively distinguishes among four market structures, in this order: perfect competition, monopolistic competition, oligopoly, and monopoly.

Proficient – Distinguishes among four market structures, in this order: perfect competition, monopolistic competition, oligopoly, and monopoly. Minor details are missing.

Basic – Partially distinguishes among four market structures, in this order: perfect competition, monopolistic competition, oligopoly, and monopoly. Relevant details are missing.

Below Expectations – Attempts to distinguish among four market structures, in this order: perfect competition, monopolistic competition, oligopoly, and monopoly; however, significant details are missing.

Non-Performance – The distinction of four market structures, in this order: perfect competition, monopolistic competition, oligopoly, and monopoly is either nonexistent or lacks the components described in the assignment instructions.

Distinguished – Comprehensively discusses what kind of market structure the chosen company falls under and why.

Proficient – Discusses what kind of market structure the chosen company falls under and why. Minor details are missing.

Basic – Minimally discusses what kind of market structure the chosen company falls under and why. Relevant details are missing.

Below Expectations – Attempts to discuss what kind of market structure the chosen company falls under and why; however, significant details are missing.

Non-Performance – The discussion of what kind of market structure the chosen company falls under and why is either nonexistent or lacks the components described in the assignment instructions.

ECO204.W5A1.06.2023

Describes the Basics of the Business Chosen, Including the Size of the Business, Types of Goods/Services the Business Sells, and Possible Barriers to Entry/Exit

Total: 1.75

Distinguishes Among Four Market Structures, in This Order: Perfect Competition, Monopolistic Competition, Oligopoly, and Monopoly

Total: 3.00

Discusses What Kind of Market Structure the Chosen Company Falls Under and Why

Total: 2.00

Analyzes Whether the Demands of the Goods/Services Sold by the Business Total: 3.00

Distinguished – Thoroughly analyzes whether the demand of the goods/services sold by the business is elastic or inelastic and why.

Proficient – Analyzes whether the demand of the goods/services sold by the business is elastic or inelastic and why. The analysis is slightly underdeveloped.

Basic – Minimally analyzes whether the demand of the goods/services sold by the business is elastic or inelastic and why. The analysis is underdeveloped.

Below Expectations – Attempts to analyze whether the demand of the goods/services sold by the business is elastic or inelastic and why; however, the analysis is significantly underdeveloped.

Non-Performance – The analysis of whether the demand of the goods/services sold by the business is elastic or inelastic and why is either nonexistent or lacks the components described in the assignment instructions.

Distinguished – Comprehensively discusses if there are externalities involved, and if so, thoroughly explains how the externalities can be fixed.

Proficient – Discusses if there are externalities involved, and if so, explains how the externalities can be fixed. Minor details are missing.

Basic – Minimally discusses if there are externalities involved, and if so, vaguely explains how the externalities can be fixed. Relevant details are missing.

Below Expectations – Attempts to discuss if there are externalities involved, and if so, explain how the externalities can be fixed; however, significant details are missing.

Non-Performance – The discussion of if there are externalities involved, and if so, explanation of how the externalities can be fixed are either nonexistent or lack the components described in the assignment instructions.

Distinguished – Comprehensively discusses roles that larger companies can play in promoting inclusion and equality and reducing poverty.

Proficient – Discusses roles that larger companies can play in promoting inclusion and equality and reducing poverty. Minor details are missing.

Basic – Minimally discusses roles that larger companies can play in promoting inclusion and equality and reducing poverty. Relevant details are missing.

Below Expectations – Attempts to discuss roles that larger companies can play in promoting inclusion and equality and reducing poverty; however, significant details are missing.

Non-Performance – The discussion of roles that larger companies can play in promoting inclusion and equality and reducing poverty is either nonexistent or lacks the components described in the assignment instructions.

Distinguished – The paper is logically organized with a well-written introduction, thesis statement, and conclusion.

Proficient – The paper is logically organized with an introduction, thesis statement, and conclusion. One of these requires improvement.

Basic – The paper is organized with an introduction, thesis statement, and conclusion. The introduction, thesis statement, and/or conclusion require improvement.

Below Expectations – The paper is loosely organized with an introduction, thesis statement, and conclusion. The introduction, thesis statement, and/or conclusion require much improvement.

Are Elastic or Inelastic and Why

Discusses if There Are Externalities Involved, and if So, Explains How the Externalities Can Be Fixed

Total: 2.00

Discusses Roles That Larger Companies Can Play in Promoting Inclusion and, Equality and Reducing Poverty

Total: 2.00

Intro, Thesis, & Conclusion Total: 0.25

Non-Performance – The introduction, thesis statement, and conclusion are either nonexistent or lack the components described in the assignment instructions.

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors.

Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements.

Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages.

Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages.

Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Control of Syntax and Mechanics Total: 0.25

Written Communication: APA Formatting Total: 0.25

Written Communication: Resource Requirement Total: 0.25

Written Communication: Page Requirement Total: 0.25

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