The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
You are the manager of Local Electronics Shop (LES), a small brick-and-mortarretail camera and electronics store. One of your employees proposed a newonline strategy whereby LES lists its products at Pricesearch.com—a pricecomparison Web site that allows consumers to view the prices of dozens ofretailers selling the same items. Would you expect this strategy to enable LESto achieve sustainable economic profits? Explain.23. Two months ago, the owner of a car dealership (and a current football star) signifi-cantly changed his sales manager’s compensation plan. Under the old plan, themanager was paid a salary of $6,000 per month; under the new plan, she receives2 percent of the sales price of each car sold. During the past two months, thenumber of cars sold increased by 40 percent, but the dealership’s margins (andprofits) significantly declined. According to the sales manager, “Consumers aredriving harder bargains and I have had to authorize significantly lower prices toremain competitive.” What advice would you give the owner of the dealership?
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll