R. Preston McAfee‚ Price Discrimination‚ in 1 ISSUES IN COMPETITION LAW AND POLICY 465 (ABA Section of Antitrust Law 2008) Chapter 20 _________________________ PRICE DISCRIMINATION R. Preston McAfee* This chapter sets out the rationale for price discrimination and discusses the two major forms of price discrimination. It then considers the welfare effects and antitrust implications of price discrimination. 1. Introduction The Web site of computer manufacturer Dell asks prospective buyers
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Pankaj Renjhen‚ MD‚ retail services‚ at property consultant Jones Lang LaSalle feels that the mall will not only attract shoppers from the entire east India‚ but also from Bangladesh. Apart from this‚ Louis Vuitton also plans to have its presence in cities like Hyderabad‚ Noida‚ Gurgaon and Pune. Gucci too is exploring possibilities of opening a store in Kolkata. In Surat‚ Genesis has taken up space for half a dozen stores at a luxury mall being built by Virtuous Retail‚ a retail real estate asset
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McDonalds (2009) sourced from http://www.mcdonalds.com.au‚ 26 April 2009. Pizza Hut (2009) sourced from http://www.pizzahut.com.au‚ 26 April 2009. Quester‚ P.‚ McGuiggan‚ R.‚ Perreault‚ W. and McCarthy‚ E. (2007) Marketing – creating and delivering value (5th edition). McGraw Hill Sydney‚ Australia.
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Fluctuating Gas Prices Kyle Bonzelaar Davenport University Gas prices have been on a rapid rise the last few years and not many people are happy with it. It limits those on a budget for how much they can do and how much they are willing to drive. Lately‚ gas prices have been fluctuating in price and going up but are more recently going back down‚ which gives people a little more flexibility at times in their schedule. It lets people do things such as travel and more‚ that they were not able
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Technology Advances in Retail: Improving Margins using Wireless Networks Introduction The retail industry is one that lives and dies on margins‚ with managers on a never-ending quest to increase revenue and decrease costs. Technology has been an area of intense focus in retail industries as a way to accomplish both goals. Improvements have been made in areas such as supply chain management‚ inventory management‚ customer experience‚ and loss prevention. Wireless technology‚ permitting communication
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What are some of the financial decisions that people face? What are trade-offs? What are some of the trade-offs that you may face? Some of the financial decisions that people face are buying a house‚ going to college‚ and buying a car. Trade offs are a balanced achieved between two desirable but incompatible features or a compromise. Some of the trade offs that you may face are going to college‚ making payments on a car‚ and loaning money. Going to college is a trade off cause your basically saying
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The impact of the minimum price per unit of alcohol on the on and off trade. The Scottish Government has suggested introducing a minimum price per unit of alcohol to reduce binge drinking. The impact of this on the on and off trade will be researched. The Scottish government has introduced a minimum price per unit of alcohol of £ 0.45. www.bbc.co.uk [online] The proposal is to put the price up for really cheap alcohol‚ with that‚ less people would have access to that‚ for example a two litre-bottle
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CLK 320. As of 2006‚ the average manufacture’s suggested retail price for a 330ci was $37‚600 as compared to $45‚750 for a CLK 320. Gas mileage for the 330ci is 30 mpg on the highway and 20 mpg in the city as compared to 28 mpg on the highway and 19 mpg in the city for the CLK 320. Discussion 1. Suppose Mercedes is concerned that dealer price of the CLK 320 are not consistent and that even though the average price is $45‚750‚ actual prices are normally distributed with a standard deviation of $2
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control-OTB 3. Inventory planning 4. Managing Inventory 5. Vendor Selection 6. Vendor Negotiations 7. Merchandise Handling Dollar Merchandise Planning (314) * (up arrow) inventory cs (down arrow) inventory * Inventory=largest retail investment * Buyers responsible for a planning of merchandise requirements * Analyze inventory performance with: * Gross Margin return on inventory(GMROI): Gross margin divided by average inventory at cost; alternatively‚ it is the gross
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On “CRM practices in Retail Sector” Submitted to: Prof. Sushil Chaurasia Tolani Institute of Management Studies Submitted by: Neha Das Retail sector is one of India’s fastest growing sectors with a 5% compounded annual growth rate. Retail is India’s largest industry. It accounts for over 10% of the India’s GDP and around 8% of the employment. Driven by changing lifestyles‚ strong income growth and favorable demographic patterns‚ Indian retail is expected to grow 25%
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