Gosh - you should try and browse in Morrocco, Turkey or Egypt. They will knock you down to buy something, really pester you.
recession? what recession?!
- Thread starter bb12
- Start date
This is classic principal/agent problem in my view
The principal/the owner wants to make sales to make money etc.
The agent who acts on behalf of the principal - the person you deal with in a shop fro example may have other personal pre-occupations that can mean their motivations are not in line with those of the principal...
e.g . may be lazy, may want to leave early so customers are delaying
them etc .
I am sure you can all think of many more.
Ultimately any agent may act in their own interests rather than the principal's ......
Think of an estate agent selling your house .....
The principal/the owner wants to make sales to make money etc.
The agent who acts on behalf of the principal - the person you deal with in a shop fro example may have other personal pre-occupations that can mean their motivations are not in line with those of the principal...
e.g . may be lazy, may want to leave early so customers are delaying
them etc .I am sure you can all think of many more.
Ultimately any agent may act in their own interests rather than the principal's ......
Think of an estate agent selling your house .....
If you owna business and don't bother to find oiut what youe staff are up to you deserve to fail.This is classic principal/agent problem in my view
The principal/the owner wants to make sales to make money etc.
The agent who acts on behalf of the principal - the person you deal with in a shop fro example may have other personal pre-occupations that can mean their motivations are not in line with those of the principal...
e.g . may be lazy, may want to leave early so customers are delaying
I am sure you can all think of many more.
Ultimately any agent may act in their own interests rather than the principal's ......
Think of an estate agent selling your house .....
Hardly enforceable in a practical sense. What do you propose - constant CCTV monitoring of employees by an eagle-eyed voyeur who will pick up on the smallest lapse in service?
Did I say it had to be constant?
As an employer you should make sure you are happy that your employees are doing what you pay them to do. If you don't bother then you only have yourself to blame.
This is a great subject and contributed to by some people who constantly criticise our public service. Somebody wanted to buy a €2K stove and could not be contacted by somebody who would sell one. It takes somebody from another state to sell the item into this state.
I thought our private sector were gung-ho (or so some of you guys tell me on this forum). I know one thing, it takes so much money in advertising to attract people into my 'shop' that I would be on the ball immediately to somebody coming in unannounced.
I thought our private sector were gung-ho (or so some of you guys tell me on this forum). I know one thing, it takes so much money in advertising to attract people into my 'shop' that I would be on the ball immediately to somebody coming in unannounced.
A
AgathaC
Guest
Just want to add my experience-my garden needs a good job done on it. I rang a guy to come and have a look, and come back to me with ideas and quotations. He was very enthusiastic etc and I had seen good reviews of work he has done in the past. Two months on, I havent heard a word. Ah well... better ring someone else...
better ring someone else...Just want to add my experience-my garden needs a good job done on it. I rang a guy to come and have a look, and come back to me with ideas and quotations. He was very enthusiastic etc and I had seen good reviews of work he has done in the past. Two months on, I havent heard a word. Ah well...
I hear you. My Dad has been on to two electricians about rewiring his house, and neither have gotten back to him. That was several months ago. Guess there's plenty work for sparkies out there!
potnoodler
Registered User
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This is classic principal/agent problem in my view
The principal/the owner wants to make sales to make money etc.
The agent who acts on behalf of the principal - the person you deal with in a shop fro example may have other personal pre-occupations that can mean their motivations are not in line with those of the principal...
e.g . may be lazy, may want to leave early so customers are delaying
I am sure you can all think of many more.
Ultimately any agent may act in their own interests rather than the principal's ......
Think of an estate agent selling your house .....
A family member is working in the retail sector and it is a particular vicious side to work in , employers have taken advantage of the recession to cut wages and axe jobs, the remaining workload has been left on the existing staff. That may be acceptable practice for the employers but obviously business will suffer as more work with less staff on less pay is hardly a productive environment.
But probably easier to justify their actions if they view their staff as lazy, cheating , thieving vermin
I was down in my hometown over the weekend and counted at least a half a dozen shops that had closed in the main street since I was last down there 3 months ago. 2 of them were long standing (35 years in one case). Working harder for less money might be a lesser evil then the dole. Employers aren't cutting wages and axing employees for the fun of it, they're doing it to keep the business alive.
Complainer
Registered User
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- 4,949
In some cases (particularly in retail), this is undoubtedly true. In other cases, the old maxim of 'Don't waste a good recession' is undoubtedly being applied.
This is classic principal/agent problem in my view
The principal/the owner wants to make sales to make money etc.
The agent who acts on behalf of the principal - the person you deal with in a shop fro example may have other personal pre-occupations that can mean their motivations are not in line with those of the principal...
e.g . may be lazy, may want to leave early so customers are delaying
I am sure you can all think of many more.
Ultimately any agent may act in their own interests rather than the principal's ......
Think of an estate agent selling your house .....
Funny you mention Estate Agents. I had exact same experience as the OP albeit I was buying a house, the principals are more or less the same. I've since bought my house and it was a private sale. Estate Agents just seemed completely indifferent to my enquiries.
The only positive is that it creates opportunities for real sales people in those areas.
[broken link removed]
As would be old maxium of whether this is your opinion or you have some evidence of this going on.
Organisation I work for recently wanted to rent a piece of equipment for an event. This is a very specialist piece of equipment that you cannot buy in Ireland. It costs approx. €1,500 to €2k plus shipping to buy this equipment from abroad, but there is a long lead in time for delivery.
Organisation didnt know it required the equipment until 2-3 weeks before the event and so didnt have time to buy it.
Two companies in Ireland rent this equipment. Both were asked for quotes for 1 days rental. Both companies quoted c.€4k. When it was pointed out to both that the price is more than the cost of buying the equipment, both gave the "dont care - thats our price, take it or leave it" line. They knew that the orgnanisation required this equipment and in my opinion decided to take advantage.
Needless to say, the organisation will never deal with either company again and has ordered its own equipment for future events.
Interestingly, a third company who also rent this equipment recently went into liquidation due to severe decline in customers availing of their services.
Organisation didnt know it required the equipment until 2-3 weeks before the event and so didnt have time to buy it.
Two companies in Ireland rent this equipment. Both were asked for quotes for 1 days rental. Both companies quoted c.€4k. When it was pointed out to both that the price is more than the cost of buying the equipment, both gave the "dont care - thats our price, take it or leave it" line. They knew that the orgnanisation required this equipment and in my opinion decided to take advantage.
Needless to say, the organisation will never deal with either company again and has ordered its own equipment for future events.
Interestingly, a third company who also rent this equipment recently went into liquidation due to severe decline in customers availing of their services.
Isn't this just pure supply-and-demand though? Both companies probably figured your org was going to buy the equipment anyway and treated this as a one-time-only transaction. Knowing that you couldn't get the equipment yourself given your timeline they each tried to extract the most you are willing to pay. One of them got the business the other didn't. Granted, neither company (for whatever reason) were interested in building a relationship with your org for repeat business (of any kind), but again that's their perogative.
I'm not sure, if the price was reasonable, organisation would have rented for all events - there was no original intention to buy. There was also a lot of potential repeat business for other more routine pieces of equipment that are readily available, however, organisation has decided to rent these elsewhere as a result of this experience. And were not talking insignificant sums of money. Most years would be several thousand worth of rental business with once every 4-5 years, when big events happen, the potential for 10,000s worth of business.
or bad negotiation by the customer if they didn't make them aware.
A
AgathaC
Guest
Going back to the OP and indeed some of the posts here including my own, I wish that people would just be upfront and say 'I dont want/ need the business'.. recession or no recession..
recession or no recession..