--%>

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 : Order Quantity-Cycle Inventory-Safety

    Consider the following data pertaining to a distribution center.

    Q : What is Workload Budget Adjustment

    Workload Budget Adjustment: Any adjustment to the presently authorized budget obligatory to maintain the level of service needed to fund a Workload Budget, as stated in the Government Code Section 13308.05. A workload budget adjustment is as well term

  • Q : What do analyze in pro forma financial

    Normal 0 false false

  • Q : Describe significance of excess reserves

    Normal 0 false false

  • Q : Consumers advocates expressed concern

    Consumer's advocates expressed concern over such merger possibilities. Elucidate this statement.

  • Q : Explain Merger Merger : A merger takes

    Merger: A merger takes place whenever two companies unite to form a single company. This is very alike to an acquisition or takeover, apart from that the existing stock-holders of both companies comprised retain a shared interest in the latest corpora

  • Q : Role of depreciation in estimating

    What kind of role does depreciation play in estimating incremental cash flows? Depreciation expense is a tax deductible expense and therefore affects cash flow through its effect on taxes. Depreciation expense which is incremental to a proposed

  • Q : Why is replacement value of assets

    Why is the replacement value of assets method not used generally to value complete businesses?The replacement value of assets method is not frequently applied to complete business valuations since it is frequently very hard to locate similar ass

  • Q : Question-total level of employment and

    Normal 0 false false

  • Q : Value $100 is received at the beginning

    $100 is received at the beginning of year 1, $200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is