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Time scale is worth considering here. Certainly over the short term this is a bad move for the company. What remains to be seen is how it will affect the compa
by robalfonso 10y ago
Time scale is worth considering here. Certainly over the short term this is a bad move for the company. What remains to be seen is how it will affect the company long term.
The company in this case also generated a lot of good will, something that is hard to get, hard to value, but very important none the less.
Too many corporations are so focused on quarterly performance they fail to account for the long term.
- chrisbennet 10y agoIt turns out that even over the short term, it's been good. "Six months after Price's announcement, Gravity has defied doubters. Revenue is growing at double the previous rate. Profits have also doubled. " http://www.inc.com/magazine/201511/paul-keegan/does-more-pay-mean-more-growth.html http://www.inc.com/magazine/201511/paul-keegan/does-more-pay...