What might happen if a car dealership is awarded a bonus by the manufacturer for selling a certain number of its cars monthly, but the dealership is just short of that quota near the end of the month? Group of answer choices It may sell the remaining cars at huge discounts to hit the quota. It creates an incentive to sell cars from different manufacturers. It would ruin the relationship between dealer and manufacturer. It will be tougher to bargain for potential buyers. buying power at the dealer. None of the above will occur.

What might happen if a car dealership is awarded a bonus by the manufacturer for selling a certain number of its cars monthly, but the dealership is just short of that quota near the end of the month? Group of answer choices It may sell the remaining cars at huge discounts to hit the quota. It creates an incentive to sell cars from different manufacturers. It would ruin the relationship between dealer and manufacturer. It will be tougher to bargain for potential buyers. buying power at the dealer. None of the above will occur.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter1: Introduction: What This Book Is About

Section: Chapter Questions

Problem 9MC

See similar textbooks

Similar questions

Dropping University Courses Students doing poorly in courses often consider dropping the courses. Many universities will offer a refund before a certain date. Should this affect a students drop decision?
Please answer 2 and 3. 2. What might happen if a car dealership is awarded a bonus by the manufacturer for selling a certain number of its cars monthly, but the dealership is just short of that quota near the end of the month? Group of answer choices a. Potential buyers will lose buying power at the dealer b. It may sell the remaining cars at huge discounts to hit the quota c. It creates an incentive to sell cars from different manufacturers d. It would ruin the relationship between dealer and manufacturer 3. If Jackie wanted to determine whether to produce more product in her company, she would do so if Group of answer choices a. Marginal revenue exceeded average cost b. Marginal cost was greater than marginal revenue c. Average cost exceeded marginal cost d. Marginal revenue was greater than marginal cost Thank you!.
An increase in promotional budgets has:
"An employer will not invest in general training for its employees." Agree or disagree with the statement and justify your response.
Your event management company is short on their quarterly budgeted Revenue. As the CEO of the company should you increase or decrease the prices you charge? Explain.
Network externalities are present when the usefulness of a product A. increases with the number of consumers who use it. B. increases because there is no market failure. C. decreases because it is consumed publicly. D. increases with the endowment effect. E. increases because there are no switching costs. Click to select your answer and then click Check Answer.
Due to high accident rates in South Africa during the Festive season, the Road Accident Fund has issued a warning to government that the fund will be insolvent soon. Advise the Minister on the cost of insurance that can collapse the scheme.
Wrong answer will be disliked
Why the hospitality industry is important to the society? What are the advantages of working in hospitality sector? your answers should be in essay format, 3-5 sentences.
Competitive pressures stemming from the bargaining power of buyers tend to be weaker when A) the number of buyers is small or if a customer is particularly important to a seller. B) buyer demand is growing slowly or maybe even declining. C) the costs incurred by buyers in switching to competing brands or to substitute products are relatively high. D) buyers purchase the item frequently and are well-informed about sellers' products, prices, and costs. E) the buyer group consists a few large buyers and the seller group consists of numerous small firms.
CASE STUDY #3 - HEADQUARTERED IN McLEAN, VIRGINIA. HILLTON WORLDWIDE (AND MARRIOT) ON JANUARY 1, 2015, IMPLEMENTED A NEW POLICY THAT REQUIRES CUSTOMERS TO NOTIFY THE HOTEL THE DAY BEFORE THEIR ACTUAL SCHEDULED ARRIVAL TO AVOID HAVING TO PAY FOR THE ROOM. THE POLICY REVERSES A LONG TRADITION OF ALLOWING CUSTOMERS TO CANCEL THEIR RESERVATION “UP TO 6PM THE DAY OF ARRIVAL WITHOUT PENALTY.HOTEL DEMAND IN 2014-2015 HAS EXCEEDED SUPPLY IN MANY CITIES, GIVING HOTELIERS THE UPPER HAND. ANOTHER MOTIVATION FOR THE NEW POLICY IS THAT HOTELIERS DESIRE TO STIFLE THE USE OF APPS SUCH AS YAPTA THAT TRACK HOTEL PRICES AND, WHENEVER A RATE DIPS. APPARENTLY A GROWING NUMBER OF TRAVELERS REBOOK AT A LOWER RATE AND CANCEL THE COSTLIER RESERVATION, LITERALLY RIGHT-UP UNTIL CHECK-IN TIME.PENNY-PINCHING TRAVELERS ARE INCREASINGLY USING SUCH TOOLS, AND HILTON IS SEEKING TO STIFLE THIS PRACTICE.BIG RIVALS TO HILTON (AND MARRIOTT) ARE STAYING THE COURSE, HOWEVER, WITH TRAVELLER-FRIENDLY CANCELLATION POLICIES…
Please no written by hand solutions eBay is the largest online auction site. Sellers pay a small fee to list their items, which can be sold at a fixed price or auctioned. Generally, the auction lasts several days, and the bidders submit electronics bids. After the auction closes, the highest bidder receives an email and gets three business days to contact the seller. eBay provides ratings on buyers and sellers based on their positive and negative comments. eBay has set up policies to guard against ‘feedback manipulation’ and ‘feedback abuse.’ eBay encouraged buyers to pay through ‘PayPal’ and ‘PayPal’ provides $2000 free insurance in case the buyer doesn’t receive the product or the quality of the product is poorer than expected. eBay’s safety staff investigates alleged misuses at eBay, such as fraud, trading offenses, and illegally listed items. A potential resolution is banning a seller from future trading on eBay. Based on the above situation, answer the following questions: What…