Question

What do you recommend that the managers at Hallstead Jewelers do?

What do you recommend that the managers at Hallstead Jewelers do?

Homework Answers

Answer #1

Managers at hallstead Jewelers are recommended  to choose reduce advertisement cost, introduce new range of jewelry for different occasions. Because it was an effective way to reduce the cost and help them earn higher profits  in long term .

Managers should also give attention to customer's requirement and grievances, this will help to create customer trust in the oraganisation and will help to increase sales volume.

Note- as the question is not clear i have stated the above answer with the aim of cost reduction and profit maximization in the jewelry business.

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