--%>
Assignment Help - homework help

Marketing of hardware stores

Some huge hardware stores such as Canadian Tire boast of carrying as several as 20,000 different products in each store.  What motivated the producers of those specifies to make them and offer them for sale? How did producers decide on the best combinations of resources to employ? Who made these resources obtainable, and why? Who decides whether these specific hardware products should continue to be generated and offered for sale?

E

Expert

Verified

The quest for profit led firms to generate these goods. Producers looked for and found the least-cost combination of resources in generating their output. Resource suppliers, seeking income, made these resources obtainable. Consumers, by their dollar votes, finally decide on what will continue to be generated.

   Related Questions in Finance Basics

  • Q : Midterm Exam for FIN 6000 Please

    Please complete the midterm exam independently.  Don't discuss it with other students in the class.  Please email me if you have any clarifying questions.  <

    		•
  • Q : Explain Legislative Information System

    Legislative Information System (LIS): An on-line system formed and employed by the Department of Finance to maintain existing information regarding all bills introduced in the Assembly and Senate for the current 2-year session, and fo

    		•
  • Q : Explain the role of a dealer in the OTC

    Normal 0 false false

    		•
  • Q : How do mergers influence small

    How do mergers influence small businesses?According to a recent study through Federal Reserve & Wharton Financial Institutions Center economists, not a great deal. Their analysis revealed that acquisitions don't seem to be related with a sig

    		•
  • Q : Fiscal policy Normal 0 false false

    Normal 0 false false

    		•
  • Q : Explain computing of payback period How

    How do we compute the payback period for proposed capital budgeting project? What are the basic criticisms of the payback method? We compute the payback period for proposed project through adding a project's positive cash flows, one period at t

    		•
  • Q : Describe the importance of additional

    Normal 0 false false

  • Q : Domestic supply and demand diagram

    Normal 0 false false

    		•
  • Q : Decision rule using net present value

    Describe the decision rule for accepting or rejecting proposed projects while using net present value? While using the net present value decision rule any project along with a net present value greater than or equal to zero would be acceptable.

    		•
  • Q : Explain Modified Accrual Basis Modified

    Modified Accrual Basis: The base of accounting in which revenues are acknowledged when the underlying transaction has occurred as of the last day of the fiscal year and the quantity is measurable and accessible to finance expenditures

    		•