When several sign reversals in the cash flow stream occur, the IRR equation can have more than one positive IRR

Which of the following is an advantage of printed catalogs over digital catalogs?

A) the ability to offer an almost unlimited amount of merchandise B) efficiencies in production, printing, and mailing costs C) a stronger emotional connection with customers D) less competition for customers' attention E) real-time merchandising

Melissa and Joanna have always focused on being efficient managers. What is the best advice you should give them, given the quick success they have had with Venus and the information provided in the scenario?

A. Efficiency is the only key to their continued success. B. Now it is time for them to consider only effectiveness, since they clearly have efficiency under control and this is not likely to change in the future. C. To continue their success, they should maintain a clear focus on both effectiveness and efficiency, especially while their company is experiencing such a high growth in sales. D. They should maintain the status quo without implementing any changes in order to continue making quick sales. E. As top-level managers, the best action plan for them is to carefully design the new items to assure these items are well accepted by the target consumers.