Tuesday, February 25, 2020

Demand and Supply in Organization Success Research Paper - 14

Demand and Supply in Organization Success - Research Paper Example Thus by understanding the consumer demands, the organization can identify their desires and will only stock the commodities that provide utility to the users. Hence, the organization will have a wider knowledge of what the demands are relative to what the supplier can offer at a particular market rate (Bustinza, Parry, & Vendrell-Herrero, 2013). Thus, prices and availability of goods and services are predetermined to the consumer. This ensures that customers do not miss out on their wants whenever they come to purchase a particular commodity. Thus, trust and loyalty are built between the two parties that will result in more sales hence increased profits to the firm. Rain checks are forms of compensations that are usually offered to consumers when the goods and services they had ordered are unavailable majorly due to the organization being out of stock or late deliveries. Customers are thus promised the assistance to acquire the products at prices indicated earlier and did not have to spend more regardless of any economic crisis like inflation. Customers are thus assured to get their services or be compensated and will not encounter any losses that create a mutual trust for both parties. However, to say this is a fair treatment of consumers is understatement due to economic injustice it creates to the consumers. Individuals usually derive their satisfaction at a particular time and have more tastes to it is provided during that period rather than a later date. Thus, postponement of the consummation of a particular good or service may lower the satisfaction of products to customers and reducing their utility.

Sunday, February 9, 2020

Improving University of Bridgeport Essay Example | Topics and Well Written Essays - 250 words

Improving University of Bridgeport - Essay Example This causes me to be late for classes and I have had to miss a few tests in the process as I was locked out. This has been a problem for a while and I have asked for help in this regard but to no avail. As I drive a long distance, I am forced to set aside time to find parking space. I have had to face ticketing problems with police especially as there are sometimes no parking rules during emergencies. This makes it necessary for me to leave much earlier than I would have to if there was an adequate parking area. Many of my classes begin as early as 7.30 a.m. and hence I need to leave very early in order to make it in time. I think if the University can allot adequate designated parking areas for students it would make life much easier for students like me. Another problem I frequently face is that I do not get enough computer time for my research activities. There are always students waiting to find a free computer in the library, and a long wait for a computer terminal to get free is inevitable on most days. As mentioned before I do not live on campus and hence need to leave at reasonable hours. If the number of computers in the library could be increased, it could ease this problem faced by many of my colleagues too. I do hope you will look into the matter and find a solution