What closing time should 21st Century Liquors choose to maximize profits?

Deadline: 2015-11-25 11:47 PM
Time left: 4 days 23h 52m

Status : available

Number of pages: 1, Double spaced
Cost per page: $4.00
Total: $4.00
Created: 2015-11-20 11:37 PM Level: College Grade: Guaranteed 2:1 Standard (Normal Charge);
Pages: 1 Style: MLA Country: [USA (GMT -8)]
Sources: 1 Language Style: English (U.S.)
Project description
Read the case that has been given in the pdf form.
The case is called “21st Century Liquors”
Answer Question Number 4:
“Assume that you are Janice Wilton and you have been asked to elaborate on the memo in Exhibit 1 to address the issues raised by Ted Radcliff in both of his conversations with you. Use the report form from the course website and please be certain to address all of the following issues:

Q. 4.What closing time should 21st Century Liquors choose to maximize profits? Calculate the increase in profits (relative to the current closing time of 10pm) that would result from extending store hours to 4am. If you recommend a different closing time, calculate the increase in profits (again relative to the current closing time) that would result from your recommendation. ”

Why didn’t other firms succeed in challenging them?

# of charts: 0
Paper details:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:

Why did Netflix not face many other competitors in the DVD-by-mail business?

:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:
Fee: $8

Why did Netflix propose splitting into two companies?

details:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:

Why did Netflix propose splitting into two companies?

details:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:
Fee: $8

What threats does Netflix face today?

Paper details:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:
Fee: $8

How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

details:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:
Fee: $8

How much would profit fall if you eliminated all late fees?

:
please write a memo addressing this scenario: Put yourself back in the year 2000 in the Blockbuster CEO’s office.

a) How much would profit fall if you eliminated all late fees?

b) How much would profit fall if chose not to cut late fees and lost some customers to Netflix in the following two years as a result?

c) Based on these calculations, what would you have done?

d) What threats does Netflix face today?

e) Why did Netflix propose splitting into two companies?

f) Was it a bad idea or a good idea executed badly?

g) Why did Netflix not face many other competitors in the DVD-by-mail business?

h) Why didn’t other firms succeed in challenging them?
Comments from Support Team:
Fee

Discuss hospitality in The Odyssey or Medea.

:
Directions: Responses must be typed in 12 point font, double-spaced with 1 inch margins.
MLA is required for outside sources, not the texts (readings). Answers should be a mixture
of summary and analysis.
1. Analyze how The Epic of Gilgamesh or The Odyssey is an epic. 10 points
2. Discuss hospitality in The Odyssey or Medea. 10 points
3. Explain the interaction of gods/goddesses and humans in 2 of the following works: The Epic
of Gilgamesh, The Odyssey, and Metamorphoses. 15 points.
4. Discuss how biblical story of Joseph differs from The Koran’s? What is the significance of
the differences? 15 points.
5. Describe how 5 out of 11 Aristotle’s tragedy themes appear in Antigone and Medea (you can
pick the same 5 tragic themes to describe both if you choose). 25 points
Pick one of the following:
6. Analyze how Antigone, Medea, and Lysistrata are or are not feminist works. 25 points
7. Discuss how predestination appears or doesn’t appear in the Gilgamesh, The Odyssey and
Metamorphoses. 25 points
Extra Credit up to 10 points:
8. Out of all the characters from the works so far, who do you think is the most compelling or
fascinating character and why?

I would like to include the extra credit as well.
Comments from Support Team: 10 point questions should be about a paragraph, 15 point once a paragraph or 2, and 25 questions

Explain the interaction of gods/goddesses and humans in 2 of the following works:

Directions: Responses must be typed in 12 point font, double-spaced with 1 inch margins.
MLA is required for outside sources, not the texts (readings). Answers should be a mixture
of summary and analysis.
1. Analyze how The Epic of Gilgamesh or The Odyssey is an epic. 10 points
2. Discuss hospitality in The Odyssey or Medea. 10 points
3. Explain the interaction of gods/goddesses and humans in 2 of the following works: The Epic
of Gilgamesh, The Odyssey, and Metamorphoses. 15 points.
4. Discuss how biblical story of Joseph differs from The Koran’s? What is the significance of
the differences? 15 points.
5. Describe how 5 out of 11 Aristotle’s tragedy themes appear in Antigone and Medea (you can
pick the same 5 tragic themes to describe both if you choose). 25 points
Pick one of the following:
6. Analyze how Antigone, Medea, and Lysistrata are or are not feminist works. 25 points
7. Discuss how predestination appears or doesn’t appear in the Gilgamesh, The Odyssey and
Metamorphoses. 25 points
Extra Credit up to 10 points:
8. Out of all the characters from the works so far, who do you think is the most compelling or
fascinating character and why?

I would like to include the extra credit as well.
Comments from Support Team: 10 point questions should be about a paragraph, 15 point once a paragraph or 2, and 25 questions should be about a page . The paper should be double spaced.
Fee: $18