7 Ever Like just about everyone else checking out the flat-panel TVs at Best Buy in Manhattan, graphic designer Roy Gantt came in coveting a Philips, Sony, or Panasonic. But after seeing the price tags, he figured a Westinghouse might be a better buy.... nts It is just one of more than 100 flat-panel brands jamming the aisles of retailers such as Best Buy, Target, and Costco. The names on the sets range from the obscure (Sceptre, Maxent) to the recycled (Polaroid). eBook Print The free-for-all is a boon to the millions of Americans who want to trade in their bulky analog sets.... References For many in the industry, though, the competition is brutal. Prices for LCD sets are falling so rapidly that retailers who place orders too far in advance risk getting stuck with expensive inventory. Circuit City Stores Inc. cited plummeting prices in its February 8 announcement that it will shutter nearly 70 outlets. LC br in All Outsourced Nowadays LCD makers will sell to anyone, and the rest of the needed parts-tuners and computer chips-are available from multiple suppliers. Contract manufacturers will happily assemble all the pieces at factories in China, Mexico, or Taiwan, So the only things you need to become an instant player are strong relationships with suppliers, connections at big retailers, and a handful of engineers to design the sets. up -Pete Engardio Source: BusinessWeek, February 26 2007.pp. 50-51.Used with permission of Bloomberg LP. Copyright-2015. All rights reserved. Mc Graw Hill Educetion < Prev 7 of 9 Next > DELL Ce %23 %24 45 # 3.
7 Ever Like just about everyone else checking out the flat-panel TVs at Best Buy in Manhattan, graphic designer Roy Gantt came in coveting a Philips, Sony, or Panasonic. But after seeing the price tags, he figured a Westinghouse might be a better buy.... nts It is just one of more than 100 flat-panel brands jamming the aisles of retailers such as Best Buy, Target, and Costco. The names on the sets range from the obscure (Sceptre, Maxent) to the recycled (Polaroid). eBook Print The free-for-all is a boon to the millions of Americans who want to trade in their bulky analog sets.... References For many in the industry, though, the competition is brutal. Prices for LCD sets are falling so rapidly that retailers who place orders too far in advance risk getting stuck with expensive inventory. Circuit City Stores Inc. cited plummeting prices in its February 8 announcement that it will shutter nearly 70 outlets. LC br in All Outsourced Nowadays LCD makers will sell to anyone, and the rest of the needed parts-tuners and computer chips-are available from multiple suppliers. Contract manufacturers will happily assemble all the pieces at factories in China, Mexico, or Taiwan, So the only things you need to become an instant player are strong relationships with suppliers, connections at big retailers, and a handful of engineers to design the sets. up -Pete Engardio Source: BusinessWeek, February 26 2007.pp. 50-51.Used with permission of Bloomberg LP. Copyright-2015. All rights reserved. Mc Graw Hill Educetion < Prev 7 of 9 Next > DELL Ce %23 %24 45 # 3.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
How many brands enter the flat-panel tv market between 2002 and 2007?
what will economic profit in the long run?
Transcribed Image Text:7
Ever
Like just about everyone else checking out the flat-panel TVs at Best Buy in
Manhattan, graphic designer Roy Gantt came in coveting a Philips, Sony, or
Panasonic. But after seeing the price tags, he figured a Westinghouse might be a
better buy....
nts
It is just one of more than 100 flat-panel brands jamming the aisles of retailers such
as Best Buy, Target, and Costco. The names on the sets range from the obscure
(Sceptre, Maxent) to the recycled (Polaroid).
eBook
Print
The free-for-all is a boon to the millions of Americans who want to trade in their
bulky analog sets....
References
For many in the industry, though, the competition is brutal. Prices for LCD sets are
falling so rapidly that retailers who place orders too far in advance risk getting stuck
with expensive inventory. Circuit City Stores Inc. cited plummeting prices in its
February 8 announcement that it will shutter nearly 70 outlets.
LC
br
in
All Outsourced
Nowadays LCD makers will sell to anyone, and the rest of the needed parts-tuners
and computer chips-are available from multiple suppliers. Contract manufacturers
will happily assemble all the pieces at factories in China, Mexico, or Taiwan, So the
only things you need to become an instant player are strong relationships with
suppliers, connections at big retailers, and a handful of engineers to design the sets.
up
-Pete Engardio
Source: BusinessWeek, February 26 2007.pp. 50-51.Used with permission of Bloomberg LP. Copyright-2015. All rights reserved.
Mc
Graw
Hill
Educetion
< Prev
7 of 9
Next >
DELL
Ce
%23
%24
45
# 3.
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