Sprint finally posted some reasonably good results recently. However, these could not mask the fact that the No. 3 wireless carrier is too small to ever gain any ground on AT&T Inc. (NYSE: T) and Verizon Wireless (VZ). Sprint’s revenue rose rapidly from 2002 to 2006. Over the period, sales moved from $15.2 billion to […]
A forest originally has 10,000 trees. Suppose that the forest naturally replenishes itself by 10 percent per year. That is, at the end of one year, if nothing else happened, it would have 10,000 + (0.10 × 10,000) = 11,000 trees. (This assumption is not biologically accurate, but it keeps the math simple.) Suppose that […]
Kai’s records show that last month he spent $5,000 on rent for his shop, $3,000 on materials, $3,000 on wages and benefits for an employee, and $500 in interest on the loan that he used to start his business. He quit a job that had paid him $3,000 a month to devote himself full-time to […]
Step 1: Read the following case studies. Quality is more than just the product. Here, two customers describe their experience of how they were treated when the product they bought failed. Example 1: Obodex Computers Limited I bought an Obodex laptop computer and was very pleased with its performance. After a few weeks, however, the […]
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