Answered: PROBLEM-SOLVING EXERCISES 1. Do…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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PROBLEM-SOLVING EXERCISES 1. Do research on the Web to find several popular Web auction sites. After researching these sites, use a word processor to write a report on the advantages and potential problems of using a Web auction site to purchase a product or service. Also discuss the advantages and potential problems of selling a product or service on a Web auction site. How could you prevent scams on an auction Web site? 2. The Internet can be a powerful source of information about various industries and organizations. Locate several industry or organization Web sites (TWO is enough). Which Web site is the best designed? Which one provides the most amount of information? 3. Research some of the potential disadvantages of using the Internet, such as privacy, fraud, or unauthorized Web sites. Write a brief report on what you found.

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