Achieve the sales goal, During a recession the manager for

Achieve the sales goal

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Reference no: EM131196618

During a recession the manager for Best Buys wants to increase sales volumes of both flat screen TVs and DVD players to help that department reach its sales goal; however, a recent market research department analysis showed that demand for flat screen TVs was price sensitive but demand for DVD players was not. How could the manager achieve the sales goals for these two products and how would that strategy be affected by its timing and thus what else would he/she need to do to achieve the sales goal? Explain your answer using the relevant production process metrics (such as Supply and Demand, Price Elasticity, ATC, MC, Variable Costs, Fixed costs, productivity, etc

Reference no: EM131196618

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