Which of the following approaches to dealing with crisis situations involves developing a plan based on a problematic issue after it arises?

Norton Corporation is considering a 6 year project having an initial investment of $150,000. The project will provide cash inflows of $25,000 for the first 3 years and $60,000 during the last 3 years. Given this information, calculate the project's payback.

A) 4.00 years B) 4.50 years C) 3.75 years D) 4.25 years

In what area did Lonnie's sales training prove to be most ineffective?

A. Market/industry orientation B. Company orientation C. Territory management D. Product knowledge E. All of the above