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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?
Illustrate what were stages of development of ELITE team. Identify specific examples of each of four stages of team development in case.
Scenario: Inventory Analysis of a Surgical Company
Outlines the operations, finance/ accounting, and marketing functions of three organizations. Prepare a chart similar to Figure 1.1 outlining the same functions for one of the following
Formulate a Linear programming model with an objective to maximize profit. Using the names of variables as A, B, C, D, E and F, write down the LP in algebraic form as discussed in the class
Develop a financial analysis inclusive of short and long term projections for the New Microsoft XBOX ONE.
St. Thomas Company is planning to issue $1,000 par value bonds. The bonds will have a coupon rate of 9.5 percent and will be sold at a market price of $980. Flotation costs will amount to 4 percent of market value. The bonds will mature in 15 years a..
Describe the concept of total quality management (TQM) and major TQM techniques, such as quality circles, benchmarking, Six Sigma principles, quality partnering, and continuous improvement. Identify a company or organization and the TQM technique use..
Does the systems development process have any effect on lowering the error rate of a new system and lowering the error rate increase productivity rate?
The Cocoa Bean sells hot chocolate during the year and knows that sales increase as temperature drops. This is shown in the following table: Month AvgTemperature Sales January 18 196 February 20 191 March 45 183 April 60 150 May 75 122 June 82 104 Ju..
1) What are the desirable and undesirable aspects of this fragmentation? 2) Should actions be taken to slow or stop this trend? If so, what should be done and how can it be achieved?
Define e-mail and explain the security concerns that should be considered in the use of e-mail. What are some mitigation techniques? Have you ever received a phishing or other suspicious e-mail? What tipped you off that it may not have been legitimat..
Compute the takt time for a service system that intended to perform a standardized service. The system will have a total work time of 539 minutes per day, two 11-minute breaks, and an hour for lunch. The service system must process 74 jobs a day Takt..
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