Discuss the logic of these claims

Assignment Help Business Management
Reference no: EM131515591

Mercedes-Benz of San Francisco advertises that it has been owned and operated by the same family in the same location for fifty years. On that basis it makes two claims: first that it has lower overheads than other dealers in the area because it has owned the land for fifty years; and secondly that it charges lower prices because of its lower overheads.

Discuss the logic of these claims

Reference no: EM131515591

Questions Cloud

What is the meaning of the term reinsurance : What is the meaning of the term reinsurance? Explain the reasons for reinsurance. Explain the term securitization of risk.
Evidence for the phillips curve : We saw various macroeconomic variables that correlate positively, explain which variable correlates positively with inflation
Identify the four basic financial statements : Identify the 4 basic financial statements. Describe the purpose of each of 4 financial statements. Discuss types of accounts that are found on each statement.
Why your suggested project has the potential to reduce risk : Discussion: The Nature of Managerial Risk- Develop an argument as to why your suggested project has the potential to reduce the organization's overall risk.
Discuss the logic of these claims : Mercedes-Benz of San Francisco advertises that it has been owned and operated by the same family in the same location for fifty years.
Marginal rate of substitution of leisure : Explain why optimization by the consumer should imply that the marginal rate of substitution of leisure for consumption is equal to the market real wage.
Four major components of expenditure : List the four major components of expenditure that make up GDP, and explain why each is important.
Explain financial institution that would be best fit for you : Explain the financial institution that would be the best fit for you. Be sure to justify your selection by referencing the information collected in your complet
What measures can the company take : what have you learned? What measures can the company take to avoid-or at least minimize-some of the legal pitfalls facing us? What should we do?"

Reviews

Write a Review

Business Management Questions & Answers

  Recognition of future talent

In the past, the company's recognition of future talent such as you has been based on gut feelings. Top management wants to refine the process, and your supervisor has asked you to write a synopsis on leadership

  How does costcos business strategy provide value to consumer

How does Costco's business strategy provide value to the consumer? How does Costco's strategy provide a competitive advantage over their primary competitors?

  Team work and team buildingin a report about working in

team work and team buildingin a report about working in teams please answer the following questions1. what was

  Type of motivation present

Why Cash Doesn't Motivate," Lorri Freifeld discusses the inherit problems with using monetary rewards to motivate employees. What problems does this type of motivation present, and what techniques does this article and other research suggest as be..

  What is equilibrium price and quantity

If the market demand curve equals Q = 800-10p, what is equilibrium price and quantity, and how much does each individual firm produce in equilibrium?

  Data protection strictly limits how database information

The European Community's Directive on Data Protection strictly limits how database information is used and who has access to it.

  How the iron triangle can be used to assess health care

Describe how the Iron Triangle can be used to assess health care. Give specific examples. Write at least 500 words. Support your though by vivid sources.

  Identify the key position to lead your team

Assess the type of team you consider the most appropriate to support your intrapreneur idea. Identify the key position to lead your team. Then, create the job posting for the position including salary range.

  Research on the vision statements of organizations

Conduct research on the vision statements of organizations. Find a vision statement that you feel provides an engaging picture of the future of an organization of your choice and has enough detail that others can relate to it in a meaningful way. ..

  What is the primary purpose of business

What is the primary purpose of business? Why do businesses exist in the first place?

  North american foreign trading corp

Mostek Corp., a Texas corporation, made a contract to sell computer-related products to North American Foreign Trading Corp., a New York corporation.

  What is that yield to call for these bonds

Alex plans to purchase a callable bond Verizon Inc. The bond is 20 year to maturity, Carrie 13.5% annual coupon, paid semi annually, and have a 1000 Park value. The bond is selling now $1287 each. The bond can be called back in seven years at a call ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd