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MBAs aren't that stupid. Either they make more money by selling less at a higher price (consider, a 20% increase in price might be a 50% increase in profit), or
by gowld 2y ago
MBAs aren't that stupid. Either they make more money by selling less at a higher price (consider, a 20% increase in price might be a 50% increase in profit), or they are sowing losses for tax purposes.
- lotsofpulp 2y ago>sowing losses for tax purposes. Please explain what tax purpose losing money (or earning less money than possible) serves.
- jprd 2y ago> MBAs aren't that stupid. Citations?
- jandrese 2y ago> MBAs aren't that stupid. I'm not sure. I've seen too many businesses mismanaged into the ground. It's way too common for big businesses to act like they suddenly have a monopoly even though competition still exists, and then go all surprised Pikachu face when revenue dries up.
- bell-cot 2y agoMight you know whether Red Lobster's now-prior management had MBA's?