Analysis of Regression Results: Low-Calorie Microwavable Food Company

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Analysis of Regression Results: Low-Calorie Microwavable Food Company An organization engages with a primary aim of achieving better and improved results from operations on a daily basis in many activities. The market is one place in which the organization can realize either success or failure depending on how it carries its activities (Slack & Lewis, 2003). The previously discussed regression identifies that the low-calorie microwavable food firm operates in a monopolistic market structure. This implies a competitive market with a large number of firms, each controlling a small portion of the market share, also coupled with slightly differentiated products. Low-calorie microwavable food comes in differentiated forms, and this implies competition in the market environment. The organization then realizes ideal ways of carrying out operations to ensure efficiency and productivity in the long run. An efficient plan is necessary in determining the effectiveness of the market structure in which the organization operates. Such a plan will have a primary focus on the products in the market, number of firms participating, trends in pricing and vital methods of product promotion (Bragg, 2012). Additionally, there are higher chances that the business operations will change from the market structure described previously to a different one, say monopoly. This implies that the organization/firm is the only producer in the market and meets all customers’ needs. Two vital factors that can lead to such a change include; withdrawal of a competitor and increase or decrease in price of products (Slack & Lewis, 2003). The above change will influence business operations in various ways. For instance, there will be increased output since the market share