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ESC1501 ASSIGNMENT 5 2024

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ESC1501 ASSIGNMENT 5 2024

Institution
University Of South Africa (Unisa)
Course
Economics (ESC1501)

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ECS1501
Assessment 5 2024
N. B PARAPHRASE YOUR WORK TO AVOID PLAGARISM (CHANGE WORDS)




Question 1 (12 marks) Maximum word count: 100 words
Giant, the world’s leading brand of high-quality bicycles and cycling gear, announced that their
pre-tax profit has decreased by almost 50% while their sales were down by approximately 16%.
Watch the following excerpt from The Wild Ones Podcast Ep.41produced by Cade Media
(attached below) and answer the following questions.


(i) Which of the presenters best describes the market condition that Giant Bicycles faces and
explain why you agree with him or her?

To determine which presenter best describes the market condition faced by Giant Bicycles,
consider the following points:
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University of South Africa (Unisa)
Course
Economics (ESC1501)
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