Question
You are the manger of Local Electronics Shop (LES), a small brick- and mortar retail camera and electronics store. One of your employees proposed a
You are the manger of Local Electronics Shop (LES), a small brick- and mortar retail camera and electronics store. One of your employees proposed a new online strategy whereby LES lists its products at Pricesearch.com - a price comparison Web site that allows consumers to view the prices of dozens of dozens of retailers selling at the same time.
Would you expect his strategy to enable LES to achieve sustainable economic profits?
Chose an answer:
- NO- due to intense producer -consumer rivalry.
- YES- due to a low level of producer-consumer rivalry.
- NO- due to intense producer-producer rivalry
- YES- Due to a low level of producer-producer rivalry.
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Business Law Principles For Today's Commercial Environment
Authors: David P Twomey, Marianne M Jennings
2nd Edition
0324303947, 9780324303940
