center licenses. Second, its stock price falls down due to the revocation of the auto repair licenses. Third, there is a bad effect on its revenues. Sears has experienced a 15% drop in its auto center revenues nationwide. At last, the customer’s trust in Sears is badly damaged. It is highly difficult to restore when breaking the customer’s trust. Also, it seems that the study did have some flaws. The cars did appear to have wear and tear from mechanical problems, so some of the technician’s repair
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1 2 Price fixing is collusion among competitors to (1) sell a good or commodity at the same price, (2) use the same formulas for computing selling prices, (3) offer the same discounts, (4) keep the same price differentials between different order quantities, qualities, or types, and (5) not lower the prices without notifying other colluders. This harms both consumers and overall economic well being there are no consumer or social benefits from price fixing. 3 Resale price maintenance (RPM)
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Inflation occurs when there is a sustained increase in the general price level. Traditionally high inflation rates are considered to be damaging to an economy. High inflation creates uncertainty and can wipe away the value of savings. However, most Central Banks target an inflation rate of 2%, suggesting that low inflation can have various advantages to the economy. Some economists even argue we should target a higher inflation rate during periods of economic stagnation. There are 5main types of
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a. Provide alternative solutions to the problems b. Providing solutions to various business and management problems c. Providing tools and techniques to find answers for business and management problems d. Analyzing various business and managerial problems of a firm. 4.Managerial Economics helps a. To optimise abundant resources to maximise profits b. To find answers only for present problems in the background of past events c. To analyse present problems in the background of past d. To find solutions
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Williams-Sonoma is a nationwide specialty retailer that sells high quality, upscale products for the home through its 478 retail stores and various direct-to-customer channels. Its retail concepts are comprised of Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, Chambers, West Elm and Hold Everything. Williams-Sonoma, a San Francisco based company, generated $2,361 million in revenue dollars. The company employs approximately 6,000 people nationwide. The organization rates a 10
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LEGAL ELEMENT West Bengal's Nano Impasse: A Roadblock for Tata The slogans on signs in Singur -- the West Bengal site where Tata Motors plans to manufacture the Nano, its $2,500 small car -- say it all. Most are in Bengali, but the few in English capture the overriding sentiment. "Nano No No," reads one. "Atta not Tata," says another. Atta, which is flour made from whole wheat, refers to the core question of the dispute: Should fertile farmland be requisitioned for industrial purposes? Does food
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Activity 1: Numbers I. Problem Create an application that will input a start value and end value. The application will start value all the members from the start to end value and all the odd and even. II. Analysis Input Variable Data Type Description SV Integer Starting Value EV Integer End Value Output Variable NOS Integer Numbers OD Integer Odd numbers EV Integer Even numbers III. Output Layout
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some existing problems that cannot be solved by the government. Hong Kong seems to be developed in a way without any stumbling blocks, no matter in every aspect such as education, economy and society. There is no doubt that the economy is really prosperous nowadays. Yet, Hong Kong citizens, even the young generation likes me, are dissatisfied with a various kind of things which still have much room for improvement. There is definitely a need for ameliorating a multitude of problems thoroughly that
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the key components of IKEA’s business strategy? * Low price is one of IKEA’s most important components of business strategy. Its low price attracts many people to purchase products there, especially young householders looking for well-designed but inexpensive furniture. It is the low price that helps IKEA stick on its version: “selling affordable, good-quality furniture to mass-market consumers around the world”. To stay constant low price, IKEA matches products to supplier capabilities and also
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Chapter 1 1. The most probable price which a property will bring in a competitive and open market under all conditions requisite to a fair sale is: a. transaction price. b. most probable selling price. c. market value. d. investment value. 2. Investment value: a. is an objective estimate of a property’s worth as an investment. b. is the value of the property as an investment, and therefore is also the most probable selling price. c. from the present owner’s perspective sets the upper
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