Wednesday, February 18, 2015

Answer 2

1.  What is your EQ?

  • What is the best way to maintain profits year round with minimal manipulation to prices

2.  What is your first answer? (In complete thesis statement format)

  • The best way to maintain profits year round with minimal manipulation to prices advertising more effectively and offering an experience of some type along with the business

3.  What is your second answer? (In complete thesis statement format)
  • The best way to maintain profits year round with minimal manipulation to prices is to maintain customer loyalty and constantly be expanding your products.
4.  List three reasons your answer is true with a real-world application for each.

  • While mentoring I talked with my mentor about the products he offers and he said there are bigger merchandise he would like to sell, like bigger and more popular toys, but is limited because of his display.
  • Since my mentor owns a small business he rarely has repeated customers, if he were able to get people to come back his profits would increase.
  • If people like the services you offered people will come back for the experience they received they will come back allowing more sales.

5.  What printed source best supports your answer?

  • An article about customer loyalty

6.  What other source supports your answer?

  • My mentor

7.  Tie this together with a  concluding thought.
My mentor runs the business entirely by himself, he does a lot of reading on running a business so he is my most valuable asset.

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