Essays on Truffle

Question 1:

Cost-based pricing is rather self-explanatory. It basically mirrors that costs that a company has faced while manufacturing a product in addition to the packaging, and might be a bit more, but never less than that. This method of pricing will beneficial to Cowgirl, for products such as Spicy Chocolate Truffle and even the Muslin bag because they form a majority of the revenues, 50% and 16% respectively. This entails that the demand for these products is relatively high and even if they’re highly priced based on their costs, customers will still purchase them. However, where competitive pricing lacks is that it doesn’ ...

Hersey and Blanchard’s Situational Theory

Both supermarket managers’ mode of leadership can be explained using Hersey and Blanchard’s Situational theory that states that successful leadership is achieved by opting for the right leadership style and the sub-ordinates readiness (Robbins & Judge, 2007). Readiness is the willingness and ability to carry out a certain task. The degree of willingness and ability is determined by the experience that one has in doing the tasks required. Alex and Stephanie are mature workers in their fields of work since they have over three months experience, and they understand their duties. Jonathan uses the recommended form of leadership whereby ...

A Brief Study

Leadership, Motivation and the Case of Alex & Stephanie: A Brief Study

The case of Alex and Stephanie (Robbins & Judge, 2010, pp. 712-714) and their experiences in motivation and subordination while working for their respective bosses throws to light some very interesting facts about the theories of motivation and leadership. The case presents to us two individual Alex and Stephanie who are working at a local supermarket and come from pretty similar backgrounds and needs. Both are students in the state university and work to make ends meet and help pay tuition fees. The experiences of the two individuals, ...