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Assume you own and operate a business. Your production this year was based on prior years’ experience. You have been left, however, with 100,000 unsold units on hand. You have been selling your product at $5 each and expected the same price for these 100,000 units. You have exhausted all avenues you can think of for disposing of your excess product. You do not have the storage capacity for keeping these units in inventory while you continue production. This morning a giant retail organization contacted you urgently seeking the type of product you produce to fill deficits in their supply. They offer to pay you $3 per unit.
1. How would you assess whether or not you should negotiate? Identify the factors you would consider and the overall rule you would apply.
2. What factors can you readily identify that will affect your negotiation options and outcomes?
3. What unconscious factors might also affect your negotiation performance?
In relation to the ethical decison-making process how has the code been violated and by using the 7 steps to identify a prevention option on: At a meeting of her bridge club, one of the members expresses sympathy for an absent member who, she reports..
Schips Department Store operates a fleet of 9 trucks. The trucks arrive at random times throughout the day at the store's truck dock to be loaded with new deliveries or to have incoming shipments from the regional warehouse unloaded. What is the hour..
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If you wished to understand a social phenomenon, such as what causes poverty, what kind of research methods do you think would be necessary based on the information given in your learning resources?
People go to a local bank ( with one banker available ) every 5 minutes exponentially distributed. The time to serve a customer is exponentially distributed with a mean of 4 minutes. Calculate as many statistices as you can.
What is the average time a car is in the system? - What is the average number of cars in the system? - What is the average number of cars waiting to receive service?
In your organization (or one you have been a part of in the past), what efforts have been made to eliminate ineffective communication, while also implementing efforts to achieve effective interaction? Be specific in your response with both positive a..
The Weemow Lawn Service wants to start doing snow removal in winter when there are no lawns to maintain. Jeff and Julie Weems, who own the service, are trying to determine how much equipment they need to purchase, based on various job types they have..
Evaluate two to four weakness that are evident in the selected organization's(Nike) product life cycle. Generate a new product design and product selection, and then determine three strategies thst the organization needs in order to strenthen the ope..
Q in the above table is the optimal newsvendor quantity and "Expected Profit" is the news-vendor expected profit if Q is ordered. The firm will produce some parkas well in advance of the selling season. What is the firm's expected profit if every p..
Identify two types of budgets from the five budget types, Line-Item, PerformanceBased, Program, Lump-Sum, and ZeroBased.
as the advisor to Keyes what offensive or defensive strategic options would you recommend for blockbuster as the company moves forward? In particular, how would you approach the technology issues facing the company?
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