An entrepreneur approaches you about how to sell her new writing pens to consumers. The pens have a unique benefit— they are more comfortable to use than traditional pens. The entrepreneur is concerned that the retailers she has approached want to buy the pens from her at $10 apiece and then sell the pens in their stores at $18 to consumers. The entrepreneur is dismayed at the extra $8 the retailers are getting and has decided to sell the product directly to consumers for $10. She wants to know your opinion. What do you think? Why? (15pts)

Question

10-09-2022
Business

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An entrepreneur approaches you about how to sell her new writing pens to consumers. The pens have a unique benefit— they are more comfortable to use than traditional pens. The entrepreneur is concerned that the retailers she has approached want to buy the pens from her at $10 apiece and then sell the pens in their stores at $18 to consumers. The entrepreneur is dismayed at the extra $8 the retailers are getting and has decided to sell the product directly to consumers for $10. She wants to know your opinion. What do you think? Why? (15pts)

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pragyavermav1 pragyavermav1 · Answer 1 · 2022-09-13T11:32:40+02:00

The entrepreneur's decision become proper to promote the writing pen directly to purchasers for $10.00.

We are required to present an opinion on the entrepreneur's selection to promote the writing pen without delay to clients for $10.00.

The retailer is set to buy the pens for $10.00 a chunk and then sell the pens in their shops for $18.00 to purchasers for their very own gain.

But selling the pens for $18.00 a bit is an excessive amount for the customers to buy and it won't be sold greater thereby decreasing the entrepreneur's pen logo cost.

Consequently, The entrepreneur's choice became right to promote the writing pen immediately to customers for $10.00.

An entrepreneur is a man or woman who creates and grows an enterprise thru innovative ideas. entrepreneurs play key roles in producing profits as they develop their groups. An entrepreneur identifies an industrial need of their network, crafts an enterprise concept, and takes the lead position to start their enterprise.

An entrepreneur generally initiates and operates a new business. simultaneously, they may be answerable for any associated dangers. Entrepreneurship is the technique of beginning a new enterprise that prepares a person for each risk and opportunity. An entrepreneur coordinates the vital requirements of an enterprise.

They make money through capitalizing on an innovative answer for a unique, big-scale need and if, viable, repeating the process by means of imparting additional solutions for added needs.

Learn more about the entrepreneurs here https://brainly.com/question/353543

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