Wednesday, February 24, 2010

Monday, February 15, 2010

Sunday, February 14, 2010

Saturday, February 13, 2010

Thursday, February 11, 2010

E77 EconVocab



There are some words from economic that I confused. Let’s see how different of the meaning. I would like to share my experiences. Then you can understand when you take the managerial economics class or read the economic articles.

Wednesday, February 10, 2010

How do you feel about Toyota recall?

How do you feel about Toyota recall?

More than likely the recall will have a negative impact on customer satisfaction I can only be dissatisfied with Toyota if I own a Toyota. If I am a car buyer evaluating the different brands, I will factor in all of the quality factors and then look at the tradeoff between quality and price. Reduced quality at the same price has a negative impact on value. The recall might create a short-term negative impact to customer satisfaction, but I think that a person's long-term satisfaction will be based their personal ownership experience. Toyota could actually lose market share.