Question Details

(solution) PRETICKETING MERCHANDISE Special Hosiery Company, a hosiery manufacturer, followed the policy of...


PRETICKETING MERCHANDISE Special Hosiery Company, a hosiery manufacturer, followed the policy of preticketing its merchandise at retail prices that were substantially higher than the prices at which the hosiery was sold in the retail stores. On an average, the hosiery was sold 5 per cent below the preticketed prices. Special Hosiery prelabeled the hosiery on this basis to provide retail dealers with the option of promoting the hosiery on a "price basis." Studies in the market had indicated that: a. Retail dealers wanted the hosiery marked on this basis so that they could mark down the product as a special for sales.  b. The public preferred preticketed hosiery that could be purchased at a discount. c. The greatest volume could be obtained on this basis. d. It was one of the best ways for Special Hosiery to meet the competition of the large national manufacturers of hosiery.  QUESTIONS  1. Is there any requirement that the average retail price must be placed on a preticketed item?  2. If the stores generally sold the hosiery at the prices marked, except for special sales, would this make any difference? 3. How might Special Hosiery require the retailers to sell at the preticketed price? 4. Should Special Hosiery continue to follow this policy? Why or why not?

 


Solution details:

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 13, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.

Order Now