Discuss your personal feelings about price discounts-value

Assignment Help Operation Management
Reference no: EM131135242

Discuss your personal feelings about price discounts and value.

Do you prefer a retail store that has consistent, everyday low prices or would you prefer to shop at sales?

Do your preferences apply to all purchases or just some? Please try to share why you have the preferences you do.

Then develop a list of key factors that you think influence whether a retailer should use EDLP (Every Day Low Prices) or sales as their primary approach to markdowns?

Reference no: EM131135242

Questions Cloud

Competitive and marketing strategies : The success of a business can depend on a company's competitive and marketing strategies. One of the most successful competitive businesses out there today is Nike. While being so successful and dominating in the world of athletic apparel, even Nike ..
Delivers a product on or before scheduled delivery date : Martha has invested $50,000 to carry out work on a contracted project. If she delivers a product on or before a scheduled delivery date, she will be paid $130,000 for her work. If she misses the delivery date, her work will be rejected and she will b..
Used exclusively for nurses requests for medications : The pharmacy of a large metropolitan hospital is used exclusively for nurses' requests for medications. Medication requests occur at an average rate of 12 requests per hour. Assume that after submitting a request, each nurse waits at the counter unti..
Discuss your personal feelings about price discounts-value : Discuss your personal feelings about price discounts and value. Do you prefer a retail store that has consistent, everyday low prices or would you prefer to shop at sales?
Firm produces two models of pocket calculators : An electronics firm produces two models of pocket calculators: the A-100 (A), which is an inexpensive four-function calculator, and the B-200 (B), which also features square root and percent functions. Each model uses one (the same) circuit board, of..
What is the increase in the average aggregate inventory : ?Cyberphone, a manufacturer of cell phone? accessories, ended the current year with annual sales? (at cost) of ?$49 million. During the? year, the inventory of accessories turned over sevenseven times. What is the increase in the average aggregate in..
Nondurable goods industrial products : Generally, consumer goods are either ________ or ________. durable goods; nondurable goods industrial products; packaged goods convenience products; staples shopping products; convenience products shopping produc
Would six sigma have killed apple : In the article “Would Six Sigma have killed apple”, the author listed a good and a bad example of how the company applied six sigma techniques for continuous improvement. Do you agree six sigma stifles innovation? Why or why not? Please find an area ..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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