Wednesday, July 8, 2020

Business Scenario Electronic City, Competitive Environment - 275 Words

Business Scenario: Electronic City, Type of Competitive Environment (Coursework Sample) Content: Students nameCourseInstructorDateBusiness ScenarioPart OneQuestion OneElectronic City faces an imperfect type of competitive environment. This is because the race for market share is intense and every retail chain manipulates its warranty on HDTV to maximize the sales (Chattopadhyay,P, S. 2007).Question TwoThe vice president employs an authoritative style of management. The leaders lay down vision for the employees, thereafter sit aside, and leave the work to the team. For this instance, after the vice president coming up with a decision to extend the warranty contract for HDTV. He left his employees to market the product. This led to the increase of gross sales (Chattopadhyay,P, S. 2007).Question ThreeThe ethical issue is deceptive marketing, Phil sells the costly extended warranty to customers, but he says he cannot buy them (Chattopadhyay,P, S. 2007).Question FourBy doing that, it will increase the total commission, he will be earning due to more sales he will make .Question FiveMaria- Phil felt appreciated by the work he does when Maria said, wow thats cool.  (Chattopadhyay,P, S. 2007).Dr. Smith- He made Phil feel that he was deceiving the customers and he said he could not buy the product (Chattopadhyay,P, S. 2007).Fr. George- He made Phil feel uncomfortable by his job by basking if the job had an effect to him (Chattopadhyay,P, S. 2007)...Question SixPhil will resume his job because it is his main source of income.Part 2Question OneAmount earned $360.40. Commission 10%Total amount= .Total amount sold is $3604Question TwoEli...