Marketing Case

Management-to get to the acquire I involve you have to have some untroubled management behind a crease. If you have a product line and the management is not solid or unrecognized or nonexistent a business disregardnot run smoothly, because putting profit at risk for that business. meaning the economic opinion cannot root alone. 2. Customer Service- a business should always betroth with the consumers in mind considering they are the ones who will generate profit for the business. If near client service Is not involved in business, Just like hefty management, profit will not exist. sum the economic perspective cannot stand alone. 3. tot and demand- a business has to think are we supplying what the consumers want or is demanded in order to make a profit. If you have a business selling things that are not needed or not treasured then surely u will not have profit. Meaning the economic perspective cannot stand alone. 4. Inventory- a business should offer conk with Invento ry In mind If there arent enough Inventories In a market stack will go elsewhere to find it. Meaning the economic perspective cannot stand alone. . Marketing (image) if a business cannot coax people in how is your profit going to be made. A business should also think ab pop out marketing has well or has a stepping stone to make a profit. Meaning the economic perspective cannot stand alone. A businesses general goal should be to make a profit but I do not feel that they should only operate with a profit In mind, because there are several factors that can get you to making a profit. A) Was syndicate Depots behavior an act of beloved ethics or simply shrewd business?Imagine how an administrator would argue in a meeting for the actions that the company kook. What objections might different executives raise? Believe that although Home Depot augmentd the legal injury in the lead hand I still see their behavior has an act of good ethics. The executives would argue in a meeting th at In a era such as these that Its Just supply and demand. They raised prices knowing that people would come in to purchase these materials to protect their investments. 1 OFF contrary price gouging Tanat seems to napped rater an Incident or at ten get nor Ana the prices go up extensively.Other executives might argue that they raised prices just at the right time to avoid re each(prenominal)y being looked at has price gouging. B) Would it make any difference in this case whether a finale maker takes a short -term or long-term emplacement? Which view should the decision maker take? It would make a difference on whether a decision maker takes a long term or short term view. If you look at it from long term Home Depot made a smart business decision to increase their prices, they increased profits therefore in the future will be making more profits. In the short term they lost out on the profits that came from price gouging.I think the decision maker should take the view of short t erm and that I believe that they kept ethical in their businesses. C) Does Home Depot (or any other Business) have a responsibility to help the citizens hurt by the hurricane? Whose responsibility is hurricane relief? I feel its good business to help citizens hurt by the hurricane all it can do is make that business look very good to the public but I feel it is not their responsibility to and in hurricane relief its the insurance companies and the owners responsibilities and if the situation is bad enough maybe the politics