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An on-line retailer that sells home and children’s items, such as children’s furniture, clothing, and toys, was seeking a way to reach a new audience and stop the declining sales and revenue trends it was suffering. A market research firm hired by the retailer identified a new but potentially risky market: lower-income single parents. The new market seemed attractive because of the large number of single parents, but most of these households were severely constrained in terms of their monetary resources. The research firm proposed that the retailer offer a generous credit policy that would allow consumers to purchase up to $500 worth of merchandise on credit without a credit check, provided they signed up for direct payment of their credit account from a checking account. Because these were high-risk consumers, the credit accounts would carry extremely high interest rates. The research firm believed that even with losses, enough accounts would be paid off to make the venture extremely profitable for the on-line retailer. Should the retailer pursue this new marketing strategy? Why or why not?
What kind of queues are you encounter in your everyday life (for example: car wash, ATM, bank, ticket counter, traffic crossing etc.). Which one irritates you the most and how would you fix it?
The bylaws of a corporation: A. Take precedence over the articles of incorporation. B Govern the internal management of the corporation and typically would include the time and place of the annual shareholders' meeting. C. Are not binding on the offi..
Describe your own organization’s corporate culture and discuss the role of leadership in development of the culture.
The global economy impacts the implementation of the HRM function in multi-national organizations to achieve organizational goals. The strategic management planning process affects the contribution of an organization's HRM policies and practices to a..
Which of the following statements is TRUE of certification of a union by the NLRB using a secret-ballot election?
Which 3 of the ethical issues do you think are MOST PREVALENT in businesses today and WHY? Give a personal work experience example OR a big business that experienced this problem and the consequence or consequences.
Create a PowerPoint presentation for your partners about the ethical implications of using personality and interest inventories to screen potential employees. How might this practice be unfair to potential applicants. How might organizational membe..
Evaluate the management practices in an organization. Assess general leadership skills with emphasis on the area of concentration
How might TQM and ISO be used to improve an organization? What are the benefits and challenges each?
Specifically describe the linkage between the following pairs of metrics (Note: In each pair, the first metric is the kind of measurement the supervisors and managers would monitor and be evaluated on, and the second is the bigger picture metric t..
From an internet search, develop a list of at least 7 Internet sites that describe how to apply multiproduct break-even analysis in manufacturing and/or service organizations. For each site included in the list, present the site's URL and name, and d..
Explain the parallels of the concepts presented in the video to the five functions of management. Explain how the five functions of management can help you in your personal life.
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