The market for new big screen flat-panel television

Assignment Help Operation Management
Reference no: EM131438921

Keith Avondale is in the market for a new “big screen” flat-panel television. While reviewing the Sunday newspaper, he notices a full-page advertisement from “Transistor Town.” The advertisement includes a 45-inch flat-panel television for $299. Surprised by the remarkably low price, and eager to purchase his new luxury item, Avondale makes plans to “open the store” on Monday morning. Avondale is the first customer to arrive at the store on Monday, waiting outside when the front doors open. He rushes into the store and announces to the first sales representative he sees, “I will take a 45-inch flat-panel television for $299!” The sales representative immediately refers Avondale to the store manager, who directs Avondale to his office. The store manager explains to Avondale that the advertisement was an unfortunate mistake, resulting from miscommunication between Transistor Town and the newspaper publisher. The manager goes on to say that the intended advertise price was $2,999, but that he would be willing to sell the described television to Avondale for $2,449, Transistor Town’s cost for the television. Avondale objects, demands that Transistor Town sell the television for $299, and informs the store manager that his brother is a trial lawyer. He threatens to sue for breach of contract. Make the strongest argument possible for Avondale, and the strongest argument possible for Transistor Town.

Reference no: EM131438921

Questions Cloud

What is a termination plan : What is a termination plan? When is it agreed upon and why is it important? Write out a sample termination plan. Write out a sample term sheet and describe why the items that you included were important. Rank each item in order of importance.
Critical ethnic studies editorial collective : What is the author Thesis statement - What is the author Research methodology and what are the major themes of this book - What are the main topics and ideas in every section and What is the author writing style? Does this book have a clear introduct..
What are the benefits and drawbacks of having health program : What are the benefits and drawbacks of having a health program that varies by state versus having one that is uniform across the country? Do you find that the positives of state flexibility outweigh the negative or vice versa? Is it fair that similar..
Payout to tiger woods for working four days : Why is it easier to explain a $2 million payout to Tiger Woods for working four days to win a Masters Championship than it is to explain why William Clay Ford made $30 million as CEO of Ford Motor Company? 150 words
The market for new big screen flat-panel television : Keith Avondale is in the market for a new “big screen” flat-panel television. While reviewing the Sunday newspaper, he notices a full-page advertisement from “Transistor Town.” The advertisement includes a 45-inch flat-panel television for $299.
Which of the persons may be more prone to a mood disorder : Review the two cases. Based on the information you learned from your assigned weekly readings from your textbook, respond to the following:Which of the persons may be more prone to a mood disorder? Apply the most current DSM criteria.
Some schools are still pondering : Is it doubtful that "Some schools are still pondering whether to incorporate technology" in 2017? Be sure to support your opinion!
What is the difference between green up vs greening out : What is difference between green up vs. greening out? What is more convenient for a company? Explain how wide variety of companies, like agricultural companies and food companies, can now be considered "energy companies".
High-need individuals can access healthcare through medicaid : Does Medicaid's medically needy category make sense to you? Why or why not? For example, is it a good idea to discount medical expenses so high-need individuals can access healthcare through Medicaid?

Reviews

Write a Review

Operation Management Questions & Answers

  Demand for mocha latte depends on the price being charged

Cafe Michigan's manager, Gary Stark, suspects that demand for mocha latte depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these cofees sold over six different price..

  Combinations of expected product volume and the variety

Significant time was spent in class assignments and exercises in exploring that the process selected by a firm for a product or service must fit with a specific combination of volume and variety that is there are some combinations of expected product..

  Compare-contrast masculine and feminine styles of language

Compare and contrast masculine and feminine styles of language. Describe the identifying characteristics of each style. When people hear masculine language and when they hear feminine language, what assumptions do they often make about the speaker?

  What is probability that store will have to refund money

To boost holiday sales, a jewlery store in Bismark, North Dakota is advertizing the following promotion: "if more than 7 inches of cumulative snow fall on December 14, 25, 26, 27, 28you get your money back on all purchases made on December 17." What ..

  Explain the standard business plan process

Pertaining to the healthcare profession, what is entrepreneurship?  What would you consider the value of being an entrepreneur? What is meant by the concept of “value creation” relative to being an entrepreneur? Explain the standard business plan pro..

  Explain what capacity planning approaches

What capacity planning approaches should retailers use for Black Friday?

  Identify the most appropriate sample selection technique

Identify the most appropriate sample selection technique to gather data for testing the hypotheses. What statistical test should you use to test this hypothesis using the data you will collect?

  Compare and contrast to your chosen change model

For this assignment, write a 1-2 page analysis of the change methods that were implemented to address the organization's problems. Compare and contrast to your chosen change model. Include an example of at least three similarities and three differ..

  Was the manager that you replaced efficient or effective

You have been promoted from being an effective manager in one department (finance) to be the manager in another department (manufacturing). Production is low, and has declined in recent months. Was the manager that you replaced efficient or effective..

  New retractable awnings your company is promoting

When you were ill recently, your office colleague Cecilia Tilley filled in for you. She attended the Home Show Exposition in Chicago and made a presentation that you were scheduled to deliver. Apparently, it went well because customers responded with..

  Accused of sexual harassment at some point in the future

Lakeisha, a management assistant at the Fourth Bank and Trust Company of Pasadena, is involved in a romantic affair with Wilson, the senior vice president of the bank. Though the relationship between Lakeisha and Wilson is very strong, Wilson is conc..

  Duties and moral case for redistribution

Compare on contrast Rawls and Nozick on the issue of individual rights and duties and the moral case for redistribution. You should briefly mention Nozick’s entitlement theory, and Rawls’ two principles. Then consider what obligations they place on y..

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