Foot Locker Inc. is the worlds number one retailer of athletic footwear and apparel. Headquartered in New
Question:
In recent years, Foot Locker officials have been rethinking the companys retail mix. Determining the shoe mix that will maximize profits is an important decision for Foot Locker. By the year 2002, in an effort to stock more lower-priced footwear, the company had reduced its inventory of sneakers priced at $120 or more by 50%.
Discussion
Suppose the data presented below represented the number of unit sales (million $) for athletic footwear in the years 2000 and 2012.Use techniques presented in this chapter to analyze these data and discuss the business implications for Foot Locker.
Suppose Foot Locker strongly encourages its employees to make formal suggestions to improve the store, the product, and the working environment. Suppose a quality auditor keeps records of the suggestions, the persons who submitted them, and the geographic region from which they come. A possible breakdown of the number of suggestions over a 3-year period by employee sex and geographic location follows. Is there any relationship between the sex of the employee and the geographic location in terms of number of suggestions? If they are related, what does this relationship mean to the company? What business implications might there be for such ananalysis?
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