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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 2- Discussion B

Week 2- Discussion B

Q • Which aspect of Laser Monks "formula" quality products, competitive prices, or social entrepreneurship would increase the chance that you would buy from this company?• Which entrepreneurial characteristics does Brother Bernard McCoy exhibit?

Q • What does the fact that Brother Bernard and the other monks no longer handle their company's operations say about them as managers?

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It is the competitive pricing strategy of the Laser Monks “Formula” quality products, various competitive prices or it even might be social entrepreneurship that would likely help increase the chance considering which individual would develop an intention to make purchase from the company (Cramer & Jonker, 2006). This is mainly because; the evaluation over competitive pricing strategy would allow the Laser Monks business to regulate the completion by significantly preventing it from experiencing loss of the customers as well as market share to the competitors.