Order the answer to: In 1999 Mercedes-Benz USA adopted a new pricing policy, which

Order the answer to: In 1999 Mercedes-Benz USA adopted…

Question	In 1999 Mercedes-Benz USA adopted a new pricing policy, which it called NFP (negotiation-free process), that sought to eliminate price negotiations between customers and new-car dealers. An article in The New York Times (August 29, 1999) reported that a New Jersey Mercedes who had his franchise revoked is suing Mercedes, claiming that he was fired for refusing to go along with Mercedes’ no-haggling pricing policy. The New Jersey said he thought the NFP policy was illegal. Why might Mercedes’ NFP policy be illegal? Can you offer another reason why the New Jersey might not have wished to follow a no-haggling policy?
Subject	business economics

Question

In 1999 Mercedes-Benz USA adopted a new pricing policy, which it called NFP (negotiation-free process), that sought to eliminate price negotiations between customers and new-car dealers. An article in The New York Times (August 29, 1999) reported that a New Jersey Mercedes who had his franchise revoked is suing Mercedes, claiming that he was fired for refusing to go along with Mercedes’ no-haggling pricing policy. The New Jersey said he thought the NFP policy was illegal. Why might Mercedes’ NFP policy be illegal? Can you offer another reason why the New Jersey might not have wished to follow a no-haggling policy?

Subject

business economics

Have a writer answer this question by clicking below. If you have any questions you can contact us via live chat.