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A sales representative from a wholesaler of sporting goods called on a sporting goods retailer in the middle of the summer. The salesman was particularly fond of the new line of exercise equipment from a major manufacturer his company was now carrying. He went through his presentation of showing pictures, leaflets and catalogs for about 20 minutes. Finally, the store owner held up his hand as if to say “wait a minute” and said, “What’s the bottom line? How much can I make on this stuff? Normally we get 50 percent off list price on these products and I see from your catalog that most of your merchandise offers that. But the market around here is very competitive. Stores discount this stuff like crazy. I need 35 percent gross margin to pay my expenses and make a profit. How can I be sure this merchandise will measure up?”
What would be your response to the store owner? Present an argument that would address his concerns on gross margins.
Electronics Assembly Inc. operates two 8-hour shifts for 275 days per year. Use the information in the table to determine the capacity requirements.
demand for whole turkey at county market store during the thanksgiving break can be approximated by a normal
The manager, Mr. Money, decided not to buy a machine. He still has 10 washers and 15 dryers. What is the utilization of washers, on average?
Does a not-for-profit agency need to budget? Why or why not?
Find an example of a quality failure and determine the reasons for the failure. Use the references at the end of Chapter 8 or recent newspaper or magazine articles to help find an example.
Ethical issues may arise Most retailers face intense competitive pressure. The desperation that comes with such pressure has pushed some retailers toward questionable marketing practices. But is it ethical to monitor customers’ shopping behavior with..
What is enterprise resource planning (ERP) systems, and state a business implement this system then state if the implementation was successfull or a failure.
Choose your favorite location. This can be a place in your home, a vacation destination, or a location that you visit frequently. Write a descriptive essay about this location. Your original essay should be 350-500 words in length, double spaced, and..
Four possible outcomes are listed below, together with probabilities also payouts. Should the organization sell the lease or drill. When preparing a claim that is optically scanned, births dates are keyed in with explain how many digits.
Describe how competition and total quality are affecting organizational behavior. Why is managing organizational behavior in changing times
Suppose that your role in a research project were to perform statistical analyses and help explain them for the research report. You realize later that, of the many dozens of analyses run, only those explicitly supporting a costly departmental expans..
What are the specific advantages of using IP versus some other network protocol?
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