This is a case study from 2017. The company's about 200 staff, it is regularly importing from China. The company is buying additional quantity from a reliable supplier at 50% of the normal price due to his urgent need of money, it is a one time deal. The question is, which is the better decision first, to markup the lower delivery price with the company standard 60% markup on to sell the quantity in a relatively short time within three months or decision to to keep the alltel price In which case, the company markup will grow up to 120%. But the company will sell the goods for a longer time. About 11 months.
Please decide which is your decision, decision one or decision two. This should be done in 20 seconds and later you have all the time to write down your reasons I'll summarize decision one is reducing the price on selling the goods in three months. Decision two is keeping the old sell price on selling the additional goods in 11 months. Which is your choice? Your time is around. Okay By now, you should have decided which decision you prefer.
Now kindly ask you to write down your reasons for that decision.