Question
Write a summary of the case study. What are the salient issues? 2. How does the supermarket industry typically operate? Do you think the supermarket
Write a summary of the case study. What are the salient issues? 2. How does the supermarket industry typically operate? Do you think the supermarket industry has changed since 2014? Post-Covid? What makes Market Basket different than a lot of its competitors? 3. What makes its business model successful? The material covered in Chapter 8 of your textbook may be helpful in answering this question (market power, output decisions, long run decisions, and profit maximization). 4. Why did the firing of Arthur T. create such a reaction from employees, customers, and vendors? 5. What made the collective action of the employees work? 6. Comment on Market Basket's business model sustainability (given its new structure). 7. What should business leaders take away from this case? 8. So was this fight worth it? Is it possible for other firms in the supermarket or retail industry replicate these results? What lessons should other firms learn from this experience?
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