Store #34 of CDA Hardware Associates Has Had Below Average

question 185

Essay

Store #34 of CDA Hardware Associates has had below average sales over the past few years. As head of franchise operations, you are concerned with the continued low sales volume. The store manager wants you to diagnose the problem and recommend possible causes. Use the MARS model of individual behaviour and performance to provide four different types of reasons why employees at Store #34 might be performing below average. Provide one example for each type of explanation.

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Definitions:

Equilibrium Price

The rate at which the product's supply equals its demand in the market.

Equilibrium Quantity

At the prevailing market price, the supply of goods or services is exactly the same as the demand for them.

Excess Demand

A situation where the quantity of a good or service demanded surpasses the quantity supplied at the current price.

Beer Bottling Facilities

Industrial setups where beer is prepared, bottled, and packaged for distribution and sale.