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- Are buyers of Cuties just “paying more for the name,” or is it due to the economic benefits associated with the name? What, if any, economic benefits accrue to buyers of Cuties?What part of the gems cycle have you failed to comply?Suppose you have to negotiate in car buying which points you should keep in your mind to make your deal effective?
- Some high-fashion retailers, notably H&M and Zara, sell what some call“disposable fashion”—apparel priced so reasonably low that it can bedisposed of after just a few wearings. Here is your dilemma: You havean important job interview and need a new suit. You can buy the suit atone of these stores for $129 or at Brooks Brothers for $500. Of course,the Brooks Brothers suit is of higher quality and will therefore lastlonger. How would you use the two value-based approaches describedin this chapter to determine which suit to buy?There are probably 20 or more brands of laundry detergent in the grocery store in the Philippines. Make a list of different ways in which producers try to differentiate one detergent brand from. Why can some brands have prices that are much higher than the price of others and still sell well?Imagine you run a small apparel shop in nual India and positive about sales of T-shirt this year (2021) due to good monsoon. You 'signed a contract' with manufacturer to buy 100 T-shirt of four different colors of equal numbers at Rs 200 cach and paid advance 5000 Rs for it. Manufacturer supplied all the T-shirt of same color. Discuss the remedy you have in your hand against the manufacturer.
- Imagine you run a small apparel shop in rural India and positive about sales of T-shirtthis year (2021) due to good monsoon. You ‘signed a contract’ with manufacturer to buy 100T-shirt of four different colors of equal numbers at Rs 200 each and paid advance 5000 Rs forit. Manufacturer supplied all the T-shirt of same color. Discuss the remedy you have in yourhand against the manufacturer.Tangible product is more difficult to sell than tangible product. Do you agree or disagree? Reason out.What will it result in STEPS IN SETTING THE RIGHT PRICE ON A PRODUCT?