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Dan Miller is a dentist who has a successful practice in a medium-sized city. Recently business suffered as a result of patients not paying their dues on time. The problem intensified so much so that he decides to do something about it. A consultant suggests that he offer 5% discount for immediate payment, but Dan is not sure if that will solve the problem. He also wonders how much this move will cost him. One of his friends tells him that the discount offer would be a bad idea because he knows of a construction company that used the discount policy, which ended in disaster. The company lost 5% of its revenue on those who would have paid promptly anyway, and those who did not intend to pay on time simply did not pay.
Critically analyze Dan's friend's advice. Point out the relevant aspects as well as any judgments in the advice. Does Dan's friend make any questionable assumptions?
Mention other alternatives for Dan Miller and describe their relative advantages.
Describe the difference between equity and bond investment, which of the two is more risky? Illustrate the term valuation in the context of financial assets.
Toward that end one valuable exercise involves returning to the triumvirate of quantitative, qualitative and mixed methods approaches and creating hypotheses as well as descriptive questions accordingly
understanding the multi domestic strategy.
Search the Internet for Mattel.com home page. Review the website and find out its Corporate Social Responsibility information with respect to the Product Safety. Review the site to learn regarding its viewpoints on product safety.
Prepare a memo which you will present to the CEO in which you do the following: Suggest the sources from which you can obtain information that would be needed to prepare the description of internal control in the audit working papers.
How did you develop this vision statement for reaching your IDEAL potential?
What are driving influences that affect the decision-making of consumers? Can you illustrate an example in which senior men or women are influenced by a product?
Compute the manufacturing cost per unit for each job under the previous simple job-costing system.
Obtain Home Depot's annual sales for the past 10 years. You can obtain this data from the Internet.
Does anyone know of some single product companies that have grown into either a larger single product company or a multi-product company over the last 3-5 years?
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related. How do active and passive views of these concepts di..
Compose a document that presents the marketing decisions and strategies embraced in marketing. The document is a proposal to be submitted to a client that needs assurance that his investments in marketing his products will be of value. The client ..
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