Elucidate greatest impact on sales volume

Assignment Help Business Economics
Reference no: EM1363868

This past year, Used imported Autos sold very few cars and lost over $500,000. As a consequence, its manager is contemplating two strategies to increase sales volume. The low-cost strategy involves changing the dealerships name to Quality Used Imported Autos to signal to customers that the company sells high-quality cars. The high cost strategy involves issuing a 10-point auto inspection on all used cars on the lot and offering consumers a 30 days warranty on every used car sold. Which of these two strategies do you think would have the greatest impact on sales volume? Explain

Reference no: EM1363868

Questions Cloud

Explain the concept of total compensation : Explain the concept of total compensation and how compensation and benefit systems are used by organizations to attract
Solving finance problems : Suppose if you have $10 today, you can invest that $10 and earn interest. If, for example, you earn 5 percent interest, you will receive $0.50 interest and have a total of $10.50 at the end of year.
Assessing dose of a drug to patient : The physician prescribes Brevibloc at 125 mL per hour. It is available as 10 g in 1000 mL D5 Lactated Ringers. The patient weighs 92 kg. The safe dose is 50-200 mcg/kg/minute.
Design pseudocode for application to enter order item : Design the pseudocode for an application that allows a user to enter an order item continuously until a sentinel value is entered.
Elucidate greatest impact on sales volume : Which of these two strategies do you think would have the greatest impact on sales volume. Explain
Type a reorganization : Shipyard Corp. acquired Boatworks Corp. in a Type A reorganization on October 19, 2011. On the date of acquisition, Boatworks had a deficit in its earnings and profits of $30,000.
Find the velocity of the plane relative to the ground : find the velocity of the plane relative to the ground.
Show the strategic planning process : How does the strategic marketing process relate to the strategic planning process and Is it necessary that the marketing strategy be linked to corporate strategy?
Should you make her an offer at the salary : Should you make her an offer at the salary or continue the interviewing process. Explain

Reviews

Write a Review

Business Economics Questions & Answers

  Explai how monopoly on boat sales in the region

Homer's boat manufacturing has a monopoly on boat sales in the region. Homer's marginal cost of the 8th boat produced is $1,200. He produces only eight boats and can sell all eight boats for $1,500. The elasticity of demand at this price is -2. Is..

  Analyze the methods used by nasa in its structured

"NASA" Please respond to the following: Analyze the methods used by NASA in itsstructured profit approach, and speculate on how VectorCal could possibly use the same structured profit approach with their manufacturing operations. Support your analysi..

  Reduce malpractice insurance premiums health care costs

Should the government limit the amounts that juries are allowed to award victims of medical malpractice, so as to reduce malpractice insurance premiums and thereby lower health care costs.

  How might you construct a measure of the change

How might you construct a measure of the change in the price level. Illustrate what additional information might you need to construct your measure.

  Independent of quantity produced

Clarify why might the Homo sapiens production possibilities curve have shifted outward to right much more rapidly than persons of Neanderthals.

  Elucidate the marginal cost of the batch of pies

Average cost of producing 70 pies in batches of ten is $5.00 per pie and the average cost of producing 80 pies in batches of ten is $4.50 per pie. Elucidate the marginal cost of the 8th batch of pies.

  Desired investment function would change the way

Assume the price elasticity of demand for heating oil is 0.7 in the long run also 0.2 in the short run.

  Find outing relate to economists traditional focus

Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.

  Uniform annual revenue

How much is the uniform annual revenue in years 2 through 5 to achieve economic equivalence if the company decides to use MARR.

  California division of abc has changed from conventional

When you apply conventional finish to the wood you use traditional lacquers. The California Division of ABC has changed from conventional lacquers.

  Illustrate what are some cultural considerations

Illustrate what are some cultural considerations when managing a global project. How might legal and political implications influence global project selection.

  Explain how do you run an oligopoly to make the largest

Explain how do you run an oligopoly to make the largest possible profit. The oligopolistic producer of this vehicle failed to heed market signals. It failed. Can you name the company.

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