The thompson company

Assignment Help Business Management
Reference no: EM132895547

Case 1 -

The Thompson Company

Before making a cold call on the Thompson Company, you did some research on the account. Barbara Thompson is both president and chief purchasing officer. In this dual capacity, she often is so rushed that she is impatient with salespeople. She is known for her habit of quickly turning down the salesperson and shutting off the discussion by turning and walking away. In looking over Thompson's operation, you notice that the inefficient metal shelving she uses in her warehouse is starting to collapse. Warehouse employees have attempted to remedy the situation by building wooden shelves and reinforcing the weakened metal shelves with lumber. They also have begun stacking boxes on the floor, requiring much more space.

You recognize the importance of getting off to a fast start with Thompson. You must capture her attention and interest quickly or she may not talk with you.

Questions

Which of the following attention-getters would you choose and why?

Ms. Thompson, I'd like to show you how Hercules shelving can save you both time and money.

Ms. Thompson, can you spare a few minutes of your time to talk about new shelving for your warehouse?

Ms. Thompson, how would you like to double your storage space?

Case 2 -

The Copy Corporation

Assume you are contacting the purchasing agent for office supplies of a large chain of retail department stores. After hearing that the company is opening 10 new stores, you determine that they will need a copier for each store. Three months earlier, you had sold this purchasing agent a lease agreement on two large machines. The buyer wanted to try your machines in the company's new stores. If they liked them, you would get the account. Unknown to you, one of the machines was broken, which caused the purchasing agent to be pressured by a store manager to replace it immediately. As you walk into the purchasing agent's office, you say:

Salesperson: I understand you are opening 10 new stores in the next six months.

Buyer: I don't know who told you, but you seem to know!

Salesperson: If you'll let me know when you want a copier at each store, I'll arrange for it to be there.

Buyer: Look, I don't want any more of your lousy copiers! When the leases expire, I want you here to pick them up, or I'll throw them out in the street! I've got a meeting now. I want to see you in three months.

Questions

Describe this situation, commenting on what the salesperson did correctly and incorrectly.

Develop another approach the salesperson could use to uncover the problems experienced by the purchasing agent.

Case 3 -

Dumping Inventory: Should This Be Part of Your Presentation?

Ron Kapra is sales manager at Electra Toy Company, a retail toy store specializing in electronic games. Ron's brother-in-law Jerry works for the company that manufactures the Lasertron electronic game. Jerry mentioned to Ron that the company is coming out with the Lasertron II in three months. However, it will not be announced to retailers for another two months.

Lasertron II will have advanced technology over the present model. The new game cartridges will not be compatible with Lasertron I. Once Lasertron II comes on the market, consumers will want it and not the present model. Jerry explains that for any of the present models the retailer returns after the introduction of Lasertron II, the manufacturer will refund to the retailer the retailer's original cost of Lasertron I.

The Way to Make Extra Sales

Kapra has decided to run a special sale offering 20 percent off the regular price of Lasertron I. With 1,000 cases in stock, Ron wants to sell as many of the present model as possible to his customers. Then when the new model comes out, the same customers will come in and purchase Lasertron II. This will greatly increase sales, Ron feels.

Salesperson Is Unsure

Bill Corrington has been a top salesperson with Electra Toy for about two years. Although excited about the new model, Bill questions Ron's idea. Bill feels his customers trust him. If he sold them Lasertron now and the new model came out in a few months, customers would be upset with him. Bill feels this is no way to treat customers. However, Ron sees nothing wrong. "The loss of a few customers will be offset by the increase in sales," says Ron.

Questions

What are the ethical considerations, if any, in this case?

At what level of moral development are Ron and Bill operating in this business situation? Explain your answers.

What would you do if your were Ron?

What would you do if you were Bill?

Essay Question 4 -

After reading Chapter 16, answer the following:

As a future salesperson, what characteristics would enable you to be most successful? Which characteristics do you have or not have?

Reference no: EM132895547

Questions Cloud

Why scarcity is central to economic decision making : Define economics, and explain why scarcity is central to economic decision making.
Present return on equity : Think about how you would present return on equity (ROE) and earnings per share (EPS) to a group of investors or senior management.
What will be the change in the bond price : What will be the change in the bond's price, in dollars? Assume interest payments are paid semi-annually and par value is $1,000
Formulate the most suitable strategy for the organization : How can we make sure that we formulate the most suitable strategy for the organization?
The thompson company : Ms. Thompson, I'd like to show you how Hercules shelving can save you both time and money. Ms. Thompson, how would you like to double your storage space?
Expected return for the portfolio : Be sure to discuss risk, the Expected return for the portfolio, and how that compares with the actual returns.
Why do links send signals of trust to search engines : Why do you think misspellings are important to consider when building keyword lists
Prepare appropriate entries at December : By December 31, 2023, Blue still owned the bonds and their fair value had recovered to $20,000. Prepare appropriate entries at December
Concept of customer value dimensions : How Miniso creates customer value for their core product or service by using the concept of customer value dimensions.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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