You receive a memo that reads as follows: "in recent months, our customer evaluations have dropped, and our sales have decreased by 10 percent. to restore our business, we will do the following: (1) we will contact all of our customers and offer a 10 percent discount on their next purchase. (2) for the customers who spend more than $1,000 per year, we will invite them to join our insiders’ club, which gives them discounted tickets to concerts and sporting events. (3) effective immediately, we will begin staffing our call center 24 hours a day, 7 days a week. (4) customer-service personnel will be given more discretion in customers resolve problems, with minimal interference from supervisors." this memo is a(n)

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.