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There are four grocery stores in your neighborhood and you are the manager of one of them. A customer has returned a relatively expensive and damaged item for a refund without a sales slip. You know that the item is carried by all four stores and you account for 65% of the sales of the item in the neighborhood. You are more careful in screening these items as you buy them, hence usually only have 0.25% defectives in your inventory. Your estimate of % defectives at your competitors is 0.3%.
What is the chance that the customer bought the item from you?
If you do not give a refund, your eventual loss of good will is $175 if the person did buy the item from you. The future earnings from this customer are $150 if you make the refund regardless of whether he bought it from you or not. There is no loss or gain if the item was not bought from you and you do not refund. The cost of the refund to you is $35. On a mathematical basis, should you make the refund?
There are three methods for evaluating a corporate investment decision. Which of the following is not one of those methods payback period net present value (NPV) return on assets (ROA)
In Module 2, we focus on SWOT. In order to complete a SWOT, we are required to identify and analyze the key opportunities and threats in the external environment. Then, we need to identify and analyze the company's key strengths and weaknesses (in..
Explain What forms does bank supervision take, and how does it help promote a safe and sound banking system?
Please tutors use your own works no plagiarism should be detected on this questions because the school system is very strict. Kindly do not post a plagiarized answer please. 1. What are the importance of a performance appraisal within a business.
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Think about an organization for which you currently work or one that you previously worked for. Do you believe that groupthink affects or has ever affected the organization's decision-making process? Why or why not?
In about one paragraph clearly describe some of the causes of abnormal demand curve. You should first state then explain the variable that causes abnormal demand.
Explain how did US manufacturers become vulnerable to of shore outsourcing? Give examples to support your answer.
Share the example of communication which you have seen or received which you thought was excellent and describe why this piece of communication spoke to you and point out one or two main points.
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