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1. Tony works full-time as a computer-repair technician who makes onsite repairs for individuals and small businesses. He says his gross profit margin is 94 percent because last year his total revenues were $100,000 and his expenses were $6,000. “I’m actually doing better than Microsoft. They talk about gross profit margins of 80 percent,” says Tony. What is wrong with Tony’s estimate of his gross profit margin?
2. Sizing up an Executive on YouTube Many CEOs and other high-level executives send messages to the public and employees by uploading a personal video statement onto YouTube. (An assistant may do the technical work.) Search for an executive video presentation recorded during the last sixty days. You might use the search word of a company that interests you, or the name of the executive. Evaluate the impact the executive’s YouTube message makes in terms of such factors as: the importance of the message.
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3. The credibility of the message
4. The executive’s verbal and nonverbal communication skills.
5. Provide an example of how feedback from customers can be used as part of a control system.
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