You need to replace your dryer. Both a big box store and a local appliance dealer are selling adryer for the same price. Which of the following alternatives has a relevant benefit? A big boxstore offers free expedited delivery, making its delivery date the same as a local appliancedealer. The price for a dryer from a local appliance dealer includes a repair warranty on thedryer. Both the local appliance dealer and the big box store offer a free haul away service foryour old dryer. Both the local appliance dealer and the big box store offer compatiblewarranty coverage.

Decision-making is the most common way of choosing a game plan from numerous choices to accomplish a…

Answered: You need to replace your dryer. Both a…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

a manufacturer produces a crib at a cost of $120 and adds a markup of 65% of the cost to determine the net price at which the crib will be sold. If he wishes to allow a 20% trade discount for his best customers, what list price should he set for the crib?
Prior to accepting a customer’s order, a company should verify the amount of inventory on hand. Which of the following is not a reason to do this? Determine whether inventory records are accurate. Ensure accuracy of inventory records by reducing the amount by items order. Identify which products should be ordered from suppliers. Communicate to the customer when shipment will be sent.
You are the new CEO of a major well-established automotive manufacturer in South Korea, but you are concerned that the longstanding price war in the industry is undermining profits for all firms in this sector. However, you have been warned by your company’s in-house corporate lawyers not to openly discuss pricing with rival firms. In several cases, you know the other CEOs personally because you graduated from the same business school as they did. Required: Given this dilemma, how would you develop an effective strategy to ensure you act in the best interests of your company, but without engaging in collusion, which is illegal? Discuss.
The Lo-Jack recovery system allows the police to track stolen cars. As a result, they not only recover 90% of Lo-Jack-equipped cars that are stolen but also arrest many auto thieves and shut down many "chop shops" that take apart stolen vehicles to get at their used parts. Thus Lo-Jack provides both private benefits and positive externalities. Should the government consider subsidizing Lo-Jack purchases?
Please do not give solution in image format thanku
When is the buyer required to pay their initial deposit? Select one of the following Within the first 5 business days after exchanging contracts At the time of exchanging contracts Before the exchange of contracts At the end of the cooling off period
) A store employee creates a display of sets of bunk beds priced at $66 apiece. The store paid $33 for each set of bunk beds. What percentage is the mark-up? Write your answer using a percent sign (%).
At a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…
What would a manager do if they noticed they received a damaged product after they signed the delivery invoice and the driver left and what would the vendor do to correct this issue?
As a supply chain manager, would you rather have a supplier with a five days average lead time with a plus or minus three-day variance or supplier with a ten-day lead time that was plus or minus one day in its delivery?
5)The set of brand assets, its name and symbol, that add or subtract value to a Firm and/or to that Firm's customer is known as ---------------
The cash discount is 1. the most common industry discount 2. given to the special vendors 3. Is given when they purchase a large quantity 4. given when the delivery is accepted early

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