Buying new pair of shoes

Assignment Help Business Economics
Reference no: EM13860062

Buying a New Pair of Shoes

You buy a new pair of shoes on sale. The printed receipt states very clearly that the shoes are not returnable. After you get them home, you wear the shoes around the house for a day and decide that they just don’t fit you correctly. So you take the shoes back to the store. You start to yell angrily about the store’s poor quality service so that people in the store start to stare. The clerk calls the store manager; after some discussion, the managers agree to give your money back.

Is this ethical?

 

Provide an explanation and justification for your decision to return the shoes, and why your tactic was necessary. (See some examples of justifications on pages 131 – 132).

Reference no: EM13860062

Questions Cloud

Describe benefit to organization of prepare operating budget : Describe the benefits to an organization of preparing an operating budget.
The belief that there is an all-powerful god who cares about : the belief that there is an all-powerful God who cares about people?
Trying to sell your audio system to raise money : You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn’t), he..
Explain bmws claim that under the new bonus program : Explain BMW's claim that under the new bonus program, "upper-level management could potentially lose more money than their lower-level counterparts for bad performance."
Buying new pair of shoes : You buy a new pair of shoes on sale. The printed receipt states very clearly that the shoes are not returnable. After you get them home, you wear the shoes around the house for a day and decide that they just don’t fit you correctly.
Is global warming caused by nature? : Is global warming caused by nature?
Demand for used cars decreases after price of new car falls : If the demand for used cars decreases after the price of a new car fallls, used cars and new cars are
Differences between nominal interest rates : The International Fisher effect is the observation that exchange rates reflect the differences between nominal interest rates in different countries
The account paid annual compound interest : On Juan's 26th birthday, he invested $6,500 in a retirement account. Each year thereafter, he deposited 7% more than the previous deposit. The account paid annual compound interest of 6%. How much was in the account immediately after his 35th deposit..

Reviews

Write a Review

Business Economics Questions & Answers

  Qalthough economists routinely use gross domestic product

q.although economists routinely use gross domestic product gdp and other national income and product statistics in

  Monopolist faces the demand curve

If income rises from 1000 to 1800 and consumption rises from 1100 to 1700 the marginal propensity to save.

  What new ethical and social responsibility issues might

What new ethical and social responsibility issues might present themselves when moving from a domestic-only organization to one that now reaches a global arena?  Why are they different?  Explain.

  Use the harmonic mean to find the average speed of the trip

A commuter drives 10 miles on a highway at 60 miles/hour, and then drives 10 miles on local streets at 15 miles/hour. Use the harmonic mean to find the average speed of the trip.

  Determine the incremental rate of return

A fleet manager must choose between two trucks to purchase for a company's fleet. The company will keep either truck for 4 years. Truck A costs $29,000 and has a market value of $16,000 after 4 years. Truck B costs $33,000 and has a market value of $..

  1 price discriminationa indicate the types of price

1. price discriminationa. indicate the types of price discrimination for the cases below. based on the above examples

  Identify economic theory

Identify an economic theory or relationship you could estimate via OLS and describe the hypothesis you would test for that theory or relationship.

  What is price and quantity equilibrium in this market

Graph the supply and demand curves in this market. Be sure to put the quantity (Q) on the horizontal axis and the price (P) on the vertical axis. You may use quantities two (Q = 2) through eighteen (Q = 18) by units of one (1) for your graph. What is..

  Hypothetical prices-quantities demanded of software product

The table below shows the hypothetical prices and quantities demanded of a software product. Assume that the fixed cost of setting up the production of software is $200 and the marginal cost is $5.

  Respond with active policy response to stabilize inflation

The economy is hit with a positive SRAS shock and you, in your role as a central banker, respond with an active policy response to stabilize inflation. (a) Draw an AS/AD diagram illustrating the changes in output and inflation. (b) Describe briefly h..

  Cause individuals to demand lower money balances

Suppose that changes in technology cause individuals to demand lower money balances for every nominal interest rate. Suppose the Fed does not adjust the money supply in response. Investigating first the money market and then tracing the effects to th..

  Describe the point at which diminishing returns occurs

Describe the point at which diminishing returns occurs. indicate the points that delineate the 3 stages of production.

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