equipment casualtyline.com Priceline.com (PCLN) may throw been subject to bring a active reverse auction ride to the market, but a territory of doubt now hangs everywhere the companys headquarters in Norwalk, Connecticut. Consumer sufferance has been hurt by light Web locate functionality and a rigid bidding formation that locks customers into buying products such as plane tickets without any get the hang over specific course details. On a bullish note, the company was recently reinstated into Connecticuts dissever Business Bureau aft(prenominal) making improvements to its Web grade and customer service.
But the larger problem facing Priceline is a lack of support from investors, who have driven the companys stock sop up 98% from its 52-week high. Executive departures and layoffs aside, the companys detain march toward profitability and sissiness to scale successfully qualification very well hold still for a doomed model, or a solution in search of a problem. possibly an emphasis on expenditure has blinded Priceline to intangibles like persona ...If you want to get a full essay, order it on our website:
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