The market for new big screen flat-panel television

Assignment Help Operation Management
Reference no: EM131438921

Keith Avondale is in the market for a new “big screen” flat-panel television. While reviewing the Sunday newspaper, he notices a full-page advertisement from “Transistor Town.” The advertisement includes a 45-inch flat-panel television for $299. Surprised by the remarkably low price, and eager to purchase his new luxury item, Avondale makes plans to “open the store” on Monday morning. Avondale is the first customer to arrive at the store on Monday, waiting outside when the front doors open. He rushes into the store and announces to the first sales representative he sees, “I will take a 45-inch flat-panel television for $299!” The sales representative immediately refers Avondale to the store manager, who directs Avondale to his office. The store manager explains to Avondale that the advertisement was an unfortunate mistake, resulting from miscommunication between Transistor Town and the newspaper publisher. The manager goes on to say that the intended advertise price was $2,999, but that he would be willing to sell the described television to Avondale for $2,449, Transistor Town’s cost for the television. Avondale objects, demands that Transistor Town sell the television for $299, and informs the store manager that his brother is a trial lawyer. He threatens to sue for breach of contract. Make the strongest argument possible for Avondale, and the strongest argument possible for Transistor Town.

Reference no: EM131438921

Questions Cloud

What is a termination plan : What is a termination plan? When is it agreed upon and why is it important? Write out a sample termination plan. Write out a sample term sheet and describe why the items that you included were important. Rank each item in order of importance.
Critical ethnic studies editorial collective : What is the author Thesis statement - What is the author Research methodology and what are the major themes of this book - What are the main topics and ideas in every section and What is the author writing style? Does this book have a clear introduct..
What are the benefits and drawbacks of having health program : What are the benefits and drawbacks of having a health program that varies by state versus having one that is uniform across the country? Do you find that the positives of state flexibility outweigh the negative or vice versa? Is it fair that similar..
Payout to tiger woods for working four days : Why is it easier to explain a $2 million payout to Tiger Woods for working four days to win a Masters Championship than it is to explain why William Clay Ford made $30 million as CEO of Ford Motor Company? 150 words
The market for new big screen flat-panel television : Keith Avondale is in the market for a new “big screen” flat-panel television. While reviewing the Sunday newspaper, he notices a full-page advertisement from “Transistor Town.” The advertisement includes a 45-inch flat-panel television for $299.
Which of the persons may be more prone to a mood disorder : Review the two cases. Based on the information you learned from your assigned weekly readings from your textbook, respond to the following:Which of the persons may be more prone to a mood disorder? Apply the most current DSM criteria.
Some schools are still pondering : Is it doubtful that "Some schools are still pondering whether to incorporate technology" in 2017? Be sure to support your opinion!
What is the difference between green up vs greening out : What is difference between green up vs. greening out? What is more convenient for a company? Explain how wide variety of companies, like agricultural companies and food companies, can now be considered "energy companies".
High-need individuals can access healthcare through medicaid : Does Medicaid's medically needy category make sense to you? Why or why not? For example, is it a good idea to discount medical expenses so high-need individuals can access healthcare through Medicaid?

Reviews

Write a Review

Operation Management Questions & Answers

  What is the multifactor productivity

1. The weekly output of a fabrication process is shown below together with data for labor and material costs. Overhead is charged weekly at the rate of 1.5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. (1) What is the m..

  Create an analogy or metaphor

Create an analogy or metaphor that explains how banks create and destroy money - one that would be understood by someone with absolutely no background in economics.

  The environmental protection agency

The American car battery industry boasts that its recycling rate now exceeds 95%, the highest rate for any commodity. However, with changes brought about by specialization and globalization, parts of the recycling system are moving offshore. T..

  Analyze the firm key resources and core capabilities

Analyze the firm key resources and core capabilities of the firm you selected for your project. Identify the functional areas of the firm's organization or the activities in the value chain where the key resources and core capabilities reside

  Evaluate avon''s operations in global markets regarding

Evaluate Avon's operations in global markets regarding the use of international cadre development also building organization associates also independent representatives.

  Discuss how you would set up a collaboration mechanism

Discuss how you would set up a collaboration mechanism for the enterprises in a supply chain?

  Illustrate some of the obstacles of flexible workforce

Illustrate what are some of the obstacles also benefits to creating a flexible workforce. Illustrate what industries likely can take advantage of flexible workforce.

  Aviation safety philosophy

Does anyone see any similarities or differences between the 4-T's and the fundamental safety concepts? If so, what are they? How do they relate to the real world of preventing accidents without sinking the bottom line for our company?

  What are personality traits

What are personality traits? Define and discuss the Big Five personality traits. Define and discuss other personality traits that affect managerial behavior.

  Discuss the sequence of construction for this project

Briefly discuss the sequence of construction for this project, including the rolling sequence for the hot-mixed asphalt pavement portion of the project. Explain why cold-mixed pavement construction might have been considered unsuitable for this pr..

  Student learning outcome the student will apply a time

student learning outcome the student will apply a time series forecasting method to calculate forecasts and use the

  What practical implication in terms of process operation

Discuss type I and type II errors relative to the control chart. What practical implication in terms of process operation do these two types of errors have? I need clear straightforward and not copy and based answer

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