You need to replace your dryer. Both a big box store and a local appliance dealer are selling adryer for the same price. Which of the following alternatives has a relevant benefit? A big boxstore offers free expedited delivery, making its delivery date the same as a local appliancedealer. The price for a dryer from a local appliance dealer includes a repair warranty on thedryer. Both the local appliance dealer and the big box store offer a free haul away service foryour old dryer. Both the local appliance dealer and the big box store offer compatiblewarranty coverage.

Decision-making is the most common way of choosing a game plan from numerous choices to accomplish a…

Answered: You need to replace your dryer. Both a…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

You have a 25% off coupon for a local store. You want to purchase an item that costs $105. a. What amount will you save by using the coupon? Include units. b. What amount will the item cost with the discount? Include units.
At a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…
) A store employee creates a display of sets of bunk beds priced at $66 apiece. The store paid $33 for each set of bunk beds. What percentage is the mark-up? Write your answer using a percent sign (%).
How should a manager decide the appropriate service level for finished goods items? Should some items have a 100 percent service level?
Which of the following is NOT a type of inventory-related cost? Multiple Choice purchasing costs ordering costs setup costs cost of holding the products
Touché Toiletries, Inc. has developed an addition to its Lizardman Cologne line tentatively branded Ode d’Toade Cologne. Unit variable costs are 45 cents for a three-ounce bottle, and heavy advertising expenditures in the first year would result in total fixed costs of $900,000. Ode d’Toade Cologne is priced at $7.50 for a three-ounce bottle. How many bottles of Ode d’Toade must be sold to break even?
Mr. Robert took a bag of chips from a super market and noticed to a coupon attached to the bag of the chips allowing him to get 20% off on the purchase price This is an example of
Pricing usually occurs during which step in the sales business process? A. contract creation B. billing C. shipping D. order entry
Convenience items are often purchased routinely. If the brand the consumer usually buys is sold out, he does not go to another store, but rather buys another brand. Choose an alternative: True False
The management of two different sized sachets of maize meal—5 kg and 3 kg—is entrusted to you. The larger sachet is priced at R45 and the smaller one is R30, according to Shoprite your primary supplier. Currently, the promotion for the smaller packet says, "Buy ONE get the second HALF PRICE!" Propose which size of maize meal currently gives you the best value for money.
You have taken a summer job in the windows and doors department of a large home improvement store. During sales training, you learn about the products, how to best address customers’ needs, and how to sell customers the best product to fit their needs regardless of price point. One day your manager informs you that you are to recommend Smith Windows to every window customer. Smith Windows are more expensive and don’t really provide superior benefit except in limited circumstances. The manager is insistent that you recommend Smith. Not knowing what else to do, you recommend Smith Windows tocustomers who would have been better served by lower-cost windows.The manager rewards you with a sales award. Later the manager tellsyou that he received an all-expenses-paid cruise for his family fromSmith Windows. What, if anything, should you do with this information?
If customers perceive that a products price is greater than its value, they won't buy it. Select one A. False. B. True

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