Friday March 1 2013
What a disaster. Since taking over Ron Johnson has tried to re make giant retailer JC Penny all at once rather than trying new experiments in a few stores. it has not worked. The stock has lost over $3 Billion in market cap and sales have fallen. This is a good example from managerial accounting that one nees to proceed Toyota like in small steps, try new ideas in a test market.
Professor Elam 
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