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An on-line retailer that sells home and children’s items, such as children’s furniture, clothing, and toys, was seeking a way to reach a new audience and stop the declining sales and revenue trends it was suffering. A market research firm hired by the retailer identified a new but potentially risky market: lower-income single parents. The new market seemed attractive because of the large number of single parents, but most of these households were severely constrained in terms of their monetary resources. The research firm proposed that the retailer offer a generous credit policy that would allow consumers to purchase up to $500 worth of merchandise on credit without a credit check, provided they signed up for direct payment of their credit account from a checking account. Because these were high-risk consumers, the credit accounts would carry extremely high interest rates. The research firm believed that even with losses, enough accounts would be paid off to make the venture extremely profitable for the on-line retailer. Should the retailer pursue this new marketing strategy? Why or why not?
Cars arrive at a local JLUBE franchise at the rate of 1 every 12 minutes. Service times are exponentially distributed with an average of 15 minutes. Jack Burns, the JLUBE owner, has decided to open a second work bay, i.e., make the shop into a two-ch..
Air Fate flight 13 is a regional jet operating in regularly scheduled passenger service between Los Angeles and Las Vegas. Describe the extent of liability of the airline for each named passenger, their baggage and the cargo. Does the air traffic con..
What is the World Wide Web, and what is its relationship to the Internet? And What are the major types of networks? Describe the key functions of system software.
Assuming that both the transmitter and the receiver share the generator (1011) for CRC calculation, answer the following questions.
December 1: Paid semiannual interest on Pitts Co. bonds and purchased $1,000,000 face value bonds at the call price in accordance with the provisions of the bond indenture.
What problems do you see with these changes Do you think that Porter's competitive strategy works for Renault? How? What organizational and cultural changes Ghosn implemented at Nissan?
After completing the Ethics Code from Week 5, write an essay around 3-5 pages (excluding the title and reference page) that explains the rationale for your code to management. In other words, why did you include the points you did?
A manager must make a decision on shipping. There are two shippers, A and B. Both offer a two-day rate: A for $512 and B for $521. In addition, A offers a three-day rate of $462 and a nine-day rate of $407, and B offers a four-day rate of $453 and a ..
Revisit the core values exercise. Are some values more applicable in business than others? To what extent should a person modify their personal ethics in a professional environment? Is consistency important? Explain your answer.
What clues should you look for that should arouse your suspicions regarding the honesty and legitimacy of a franchise. Identify at least eight.
Describe each of the figures (1-5) with respect to person, time, and place (e.g. descriptive epidemiology). Make sure to include numbers and details in your descriptions. After all five figures, list some possible hypothesis for the pattern of this d..
Maggie wants to form a union to have her employer improve working conditions and receive higher pay. The first thing she needs to do is. Keith and the union representatives cannot reach an agreement. They bring in a third party to facilitate the neg..
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