That is not what they offer or how they have in the past represented their company. I do believe that Wal-Mart could be trendy but this would cost them in sales because customers would decide that they are like the other stores in this market and choose to comparison shop more. Sears also buys in volume and they have a small selection of trendy merchandise. Although they were an American staple I think they are seen to the younger generations as their grandmother’s store. Neither of these stores could afford to try to cater to a small countercultural market due to their size and dependence on the larger medium class market.
Although the Apogee company may be more profitable if it is run out of one central location, the argument as presented is unconvincing. First of all, there is no evidence demonstrating the profitability of the field offices. Although the Apogee company is less profitable than it has been, some of the field offices could in fact be profitable. Furthermore, it’s not stated which office the Apogee company will run out of. The Apogee company could have a few unprofitable field offices.
Also Sears and Wal-Mart may not want to for fear of losing the current core customers they already have established. Wal-Mart nor Sears has yet to compete with their other competitors. In fact, it will cost them more money to compete with any of the other big name distributors and they would have to raise their prices. Wal-Mart and Sears are known for their low and reasonable prices. According to Jeffrey Immelt he says that his environmental agenda is "not about being trendy or moral.
Furthermore, it might be the writers think this technique is going to work with services business. But actually, it won’t work also because for small reason and that is, you can’t tell someone if you are seller, that you have a small service because he would not deal with. But if you tell him you have biggest service and the most famous service that you get. Then, he would ask you about it
Costco Case 1. Although customer’s repeatedly ask Costco to carry other items outside its price/ quality zone Costco should not give in and carry those items. Costco is dedicated to providing the best quality products at the absolute best value for customers and if they go outside that zone it would affect the way business is done and cost past down to customers. According to Costco’s website “their buyers are the best in the business at negotiating added values and extras not found anywhere else. Plus, our bare-bones operation keeps costs low, so the prices remain low and your savings enormous.” 2.
He didn’t think he needed to ask Express the moral problem so that everyone will believe that his or her moral concerns have been recognized and included. * This is a moral problem because his actions of using company funds for personal use wasn’t economically efficient productive system, it didn’t produce more of the products that people most want an less use of the resources people least value, which is a definite value to society. In addition to this, his actions wasn’t informed to everyone. * Effective use of resources, What are the economic benefits? * What are the legal requirements?
Its profit formula? Its resources that enable it to create and deliver value to customers? Mystic Monk Coffee’s strategy is skeptical. It lacks labor expense and has no cost advantage and a lot if its activities involve higher than normal costs because its production level is low. Mystic Monk Coffee has a net profit margin of 11% but still won’t make $8.9 million in a realistic span of time.
By not buying a gem from a supplier until a customer purchases it, it strongly limits the amount of risk and cash tied up at any point. I also like that they have a very lean supply chain that strives to eliminate middle men, keep costs low. This allows them to sell their products to the customer at very competitive prices. I do not like their marketing aspect being completely based upon the internet. A
Some employees will try to produce more for fear of losing their jobs, but this does not provide positive motivation which, in my opinion, is a better means of motivation. I do not feel that these ranked appraisals necessarily boost morale by pointing out an employee’s ranking in production when they are hardworking, show up on time, and don’t miss days. For employees that don’t try and don’t want to work, this an excellent tool for trimming the fat, but not a motivational technique. It could also help to make short-term production goals, but could serve to further disgruntle employees without a perceived positive motivational enforcements. From an expectancy theory point of view, in my opinion, the forced ranking performance appraisals would still need to be coupled with goal setting and rewards to motivate the employees to step up their efforts to work harder, and to be more efficient and productive.
Another business risk should depend on the position of economic and the lack of productions’ diversification. The company invested in new capacity and new products when attractive opportunities were identified, but it did not make high-risk bets in its product markets. Since the main products Hill’s mainly offered were snacks, when the economy was downside, snacks would be not that necessary for people’s life, the demand would decline.