 Best bank? |
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 In your opinion on the oil companies.....? |
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 What makes good customer service? |
| What experiences have you had from retail cutomer service?... |
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| Is it the one who has found the concern? What are the essential duties of a CEO? Please provide all informaiton related to CEO.... |
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 What's wrong with America & Walmart? |
| First of all I'm not pro Walmart by any means since they tell their suppliers to move their operations overseas to get cheaper prices etc... My Question came to me when a local Walmart closed T... |
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 Workplace Drama --- read in details? |
| Okay, two months ago at work I was chatting privately with a female co-worker/friend about sex while a male co-worker overheard. I brought something up to his attention today about his work ethic (he ... |
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 Can someone tell me some ways Wal-mart could be BAD for a communties economic health? |
Additional Details
and by the way, NO, ive never shopped there. thats y i have no ... |
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 Ethics question? |
| Imagine you are a manager at Boeing and have just returned from a 1/2 day refresher ethics course. This is only one of many actions that Boeing has taken to reinforce its commitment to high ethical ... |
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 Why are rich people so greedy? |
Why can't they spread some of the wealth down to less fortunate people like low level employees of their billion dollar company? Like Wal-Mart for example!
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 I received a letter in the mail from Plus One Lotto E-Payment Inc, is this a scam? |
| I received a letter in the mail w/ a $3,000 check saying I needed to deposit the check to receive my prize winnings. The company address is in the Virgin Island and the letter was mailed from Canada. ... |
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 Why can't we make oil co. and other big corp. mandatory put 3% of their gross profit to help the poor.? |
| this is aside from some of the charitable contribution that they give to ease their tax burden, make the 3% available by giving the poor and disadvantage of this country more on education social ... |
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 I've heard a rumor about Walmart.? |
| I've heard a rumor about Wal-mart opening their products before selling them to customers, and was wondering if it was true?From people I do not know!... |
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 I am a Wal-Mart employee , today i was denied a 15 minute brake by the manager and i recorded it can i sue? |
| im a wa-mart employee and had been working 6 hours straight and the manager denied me a 15 minute brake which is illegal in new york state . and i recorded when he said it can i sue wal-mart ?... |
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 Retailers must be made responsible for the vast amount of packaging waste? |
Disagree strongly, Disagree, Neither, Agree, Agree strongly or Don’t know?
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Must add I annoyingly take the wrapping off some of my shopping and leave it at the ... |
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im 19, mixed, and a proud virgin | Is it illegal, for stores, or businesses, in general, to make their prices too low? |
is there a law, that prohibits a business from making their prices too low?
why? what is wrong with making prices cheaper, i mean, no one seems to care, when prices are made too high that no one can possibly afford it with their own cash.
so how does this work?
Additional Details
whats a price floor?
and, the way i see it, is if things are low enough in price, an over abundance in customers would make up the difference. |
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tnuc_denots_gnikcuf
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i don't know the specifics, but there is such a law.
it was created because some businesses sold items at below cost price just to kill off other businesses, who obviously couldn't compete. once the opposition died off, they upped the prices and made a killing. |
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Daniel S
 |
its only illegal if there is a price floor |
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osage01
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Businesses may charge whatever they like for their product or service. There are solid economic reasons why the cost of goods shouldn't drop too low, but no law that says they can't. |
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Hot chick
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I'm not sure. But they will need a way to pay for the expensives, like the cost of the item...Or the cost of the item material |
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irvin_71595
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No, its not against the law. It's just that its a marketing strategy.. |
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That girl
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No, we are a capitalist country. If the business can afford to sell the products really cheap then more power to them |
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Murph
 |
Businesses have mark ups to cover all their expenses, AND make a profit, or else they wouldn't be a business.
Payroll, rent, heat, lights, insurance, inventory, supplies, etc.
No there is no law saying they have to keep their prices what they are, but it doesn't make much sense to have a business unless they are going to make money. |
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dnkashyap
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no it is not ellegal |
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hhope4lyf
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The Federal Trade Commission governs pricing overall. There is the manufacturing prices, Wholesale prices and MSRP. MSRP is what consumers pay. Businesses buy products at wholesale which is quite lower than MSRP and then find a point price. The point price will be somewhere between Wholesale costs and MSRP. Too high, the FTC may get involved, too low FTC may also get involved. |
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Justin H.
 |
they have to buy their products they sell from someone ..
example:
farmer makes 1lb corn it cost him $1
he needs a profit so he sells it to a grocery store for $1.50
then the store needs a profit so they raise it..they can only go so low b4 they lose money |
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Kiki
 |
no it is not |
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