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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?
Identify the heuristics that decision makers might use in making estimates in the situations listed below. Explain how biases might emanate from the use of these heuristics. Members of an interview panel making estimates of the probability that a can..
Then answer the two discussion questions that follow the case, applying current, relevant theory. Additionally, develop and include a high-level Work Breakdown Structure (WBS) incorporating at least one external dependency and a bottom-up estimate..
What particular aspects of Zappos would other organizations do well to emulate? Explain your answer.
The Reverend Mark Thomas is the minister of a church in the San Diego area. He is married, has one young child, and earns a “modest income.” Because religious organizations are not notorious for their generous retirement programs, the reverend has de..
Explain how maintenance and housekeeping do in fact help to accomplish main objectives of lean production-delivering value to customer through a flow system.
You are working as a consultant for a local landscape supply company. One of the possibilities that has consistently come up in conversation with the owners is making your own mulch instead of continuing to buy mulch in bulk from the distributer.
Research what a person would need to know in order to visit your country successfully. In your search, look for topics such as family, status of children, role of women, role of the aged, customs, taboos, superstitions, values, language, body languag..
Which of the participants would you judge to be capable? Explain Can the value of the Cpk exceed the value of C p for a given participant? Explain.
What percentage of organizations do you believe really understand (thoroughly) what resources and capabilities they own, which they need to develop or acquire, and how they should effectively deploy those resources and capabilities? Provide a rationa..
In developing an organizational climate that supports innovation, management often overlooks critical issues. This is true especially when setting up and nurturing communication networks.
Create and submit a resume that highlights your individual skills critical to teamwork and effective collaboration. Your resume should be at least one page, but not more than two pages. You should include relevant examples to support your experien..
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additional requirements to the protection of these plans?
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