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Would you buy an engagement ring from a website? Apparently, many customers, mostly men, do. Houston-based Whiteflash, crowned “Lord of the Online Rings” by Kiplinger’s magazine, uses its website to sell engagement rings ranging in price to five figures without a face-to-face encounter. Whiteflash founder and chief executive Debi Wexler says that many of the company’s customers are from Malaysia, Hong Kong, and Singapore. “A lot of them don’t feel comfortable speaking on the phone, but they are very comfortable with technology.” The site also attracts servicemen stationed overseas as well as stateside customers headed for the altar. Customers may zoom in on various diamond and ring choices before consulting with computer specialists in live chat sessions. Three to five chat sessions are usually required before a sale is completed.25 Your Task. Discuss some of the factors involved in audience analysis and channel selection that helped Whiteflash decide that e-mail and chat were the best channels to communicate with their customers.
Synthesis of the logistics and supply chain management program experience identifying key components and ideas that are presented throughout the program.
A real estate investor has the opportunity to purchase land currently zoned residential. If the county board approves a request to rezone the property as commercial within the next year, the investor will be able to lease the land to a large discount..
Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally
Your recently founded entrepreneurial company has developed a disruptively innovative product that will make all current cell phones obsolete (use your imagination!). You have every indication that your product will be a huge success. What is your ma..
What differences exist in their operations strategies and decisions?
A movie studio sells the latest movie on DVD to Blockbuster at $10 per DVD. The marginal production cost for the movie studio is $1 per DVD. Blockbuster prices each DVD at $20 to its customers. What is the profit that the studio makes given Blockbust..
The Forces That Are Transforming How Products Are Made. Based on the content presented in the article, what forces and important organizational activities enable a firm to build quality into its products
Demand for a product is relatively constant at five units per day. Lead time for this product is normally distributed with a mean of ten days and a standard deviation of three days. What reorder point provides a 50 percent service level? What reorder..
Evaluate the likelihood of traditional corporations using social responsibility as an effective competitive strategy. Specify at least one (1) way that a company with which you are familiar can use (or has used) social responsibility as a competitive..
Describe the Life Safety Code, and include how it relates to egress and emergency evacuation.
The Mayor of a large city was given a free membership in an exclusive golf club by people who have received several city contracts. He also accepted gifts from organizations that have not done business with the City but might in the future. What are ..
Identify the front-room and back-room services for the following organizations. Could these services be improved by increasing or decreasing the degree of customer contact? By separating low- and high-contact services?
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