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2013-02-05
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==Transcript== {{Computertranscript}} :[Describe panel here] :For example, when companies make errors and publicly apologize, their sales tend to soar. :o :So, the lesson is that we should make our business more transparent? :No. According to this analysis, you can make 3.4 errors per year, from which you reap the 'apology bump" without alienating your customers. :If the errors don't appear to be due to ethical lapses, you can crank up to 7.A errors. :This represents a potential 48% increase in quarterly revenue. Thus, if we make no errors, we take a massive hit to potential profit. :So, today I'll be selling 'mislabeled" expired food inventory to a local soup :Isn't this monstrous? :Kitchen. :My god :Write that down. Well use it for the apology.
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