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chapter13 reflection

April 8, 2013

In this chapter I thought the most interesting things were the break even analysis and the demand curve. I like the idea of being able to plot out the point of where my business starts to make a profit I also like the demand curve idea to show weather  how strong a demand there is for a certain product and weather or not it is even feasible. This chapter also taught me about the legalities of advertising such  truth in advertising , the bait and switch ruse, and price discrimination. I wish that it would have gone into bidding procedures and winning bid determination rules and regulations when trying to determine the suppliers for certain products but maybe that will be in another chapter


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