Gerald Estimates the Expected Revenue Stream Against the Expected Costs

question 67

Multiple Choice

Gerald estimates the expected revenue stream against the expected costs for his customers and finds that for some of the customers the net present value is negative.Gerald should consider:

• A)Quitting his job.
• B)Working harder on those customers.
• C)Using more advertising.
• D)Firing those customers.

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Definitions:

Flexibility

The ability to adjust to different situations.

Creative Workers

Individuals engaged in occupations that require innovation, originality, and thinking outside conventional norms to produce unique and novel outputs.

Passion

Intense, driving, or overmastering feeling or conviction towards a person, activity, or concept.

Leader-Member Exchanges

A theory describing how leaders develop individualized relationships with followers, resulting in different levels of support and expectations.