BUS 640 Week 4 DQ 2 Local Market Power

Topics: Department store, Wal-Mart, Big-box store Pages: 2 (521 words) Published: October 27, 2014

In this document of BUS 640 Week 4 Discussion Question 2 Local Market Power you will find the next information:

Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar. Bulls Eye, therefore, has some market power in its local area. Despite having some market power, Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the manager to raise prices, so that profitability can be improved. The manager is unsure of this strategy as recent data points to increasing numbers of individuals shopping more and more. What are the pros and cons of raising the prices at Bulls Eye and would that strategy be profitable?

Business - General Business
Local Market Power . Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar. Bulls Eye, therefore, has some market power in its local area. Despite having some market power, Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the manager to raise prices, so that profitability can be improved. The manager is unsure of this strategy as recent data points to increasing numbers of individuals shopping more and more. What are the pros and cons of raising the prices at Bulls Eye and would that strategy be profitable?

Ride the bus to campus. Taking the bus to school is quick, easy and free in most college towns. You'll save time looking for a parking spot on campus too. The amount of mo...

For downloading more tutorials visit - https://bitly.com/1oJN8Ob

Ride the bus to campus....
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Local Market Power Essay
  • Essay on BUS 475 Week 4 Individual Assignment 2
  • Essay about BUS 661 Week 4
  • BUS 640 Week 4 Problems Essay
  • Essay about Bus 640 week 4 assignment
  • bus 308 week 2 quiz Essay
  • BUS 650 Week 4 DQs Essay
  • Dq 1 and 2 Week 4 Essay

Become a StudyMode Member

Sign Up - It's Free