Amber Lutz started a retail clothing business two years ago. Lutzs first year was very successful, but

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Amber Lutz started a retail clothing business two years ago. Lutz’s first year was very successful, but sales dropped 50 percent in the second year. A friend who is a business consultant analyzed Lutz’s business and came up with two basic reasons for the decline in sales:

(1) Lutz has been placing orders late in each season, and

(2) Shipments of clothing have been arriving late and in poor condition.

What measures can Lutz take to improve her business and persuade customers to return?


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Managerial Accounting

ISBN: 978-0618777181

8th Edition

Authors: Susan V. Crosson, Belverd E. Needles

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