Friday, February 16, 2018

Art of Product Management

SOURCE: https://r.hswstatic.com/w_907/gif/inventory-management-1.jpg

Economic Principle:
Because of scarcity, people choose. All choices have an opportunity cost.


Overall Research Question:  
How do retail / grocery stores choose which products to display /
to stock during certain seasons or in general throughout their stores?


Sub Research Questions:
How beneficial is it to stock seasonal items?
Do some customers come specifically for these items or rather just pick it up as they shop?
Which types of products do companies lose money on in the long term?
Do the layout of these stores truly matter?
   

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