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Title: loewen

Essay Details:

Subject: Business
Author: Sandra P
Date: August 25, 2013
Level: University
Grade: A
Length: 5 / 1344

Essay text:

These services and products are normally sold on a pre-need or at-need basis. With a pre-need arrangement, customers pay in advance for the services and products. Under an at-need basis, payment is received at the time of death. The revenues in this industry are relatively predictable because: ? Death rates are driven by demographic factors ? Lack of price competition due to difficult new entry into the business ? Prices are not negotiated by the grieving family As a result, the failure rate in this industry is extremely low. In fact, it is one-tenth the rate of all U.S. businesses. Currently, the four major firms are Service Corporation, Loewen, Stewart Enterprises and Carriage Services...

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