19:04 <wizzomafizzo> "Using the information collected in groups students are to then write a report on the operation of a private enterprise firm in a market
economy. In your answer refer to: [1] The factors of production used. A detailed description needed. [2] What products are sold. [3] The
market this firm aims to sell its product. [4] How competitive is this market and what does the firm do to kepp its market share [
advertising, prices, strategies etc. ]. [5] Who owns the firm, do the owners make the main production decisions. [6] What local state and
federal regulations need to be obeyed. [7] Give your opinion as to the major strengths and weaknesses of this firm. Suggest some things
that this firm might do that would improve it, or if you think that it is operating well explain why you think it is so successful."