The text provides an example of a firm "stuck in the middle." jcpenney attempted a change in strategic position under the leadership of ceo ron johnson (who was lured away from apple retailing). mr. johnson was fired less than 18 months after his arrival at jcpenney due to a stark drop in sales after implementing some of his planned changes. what is a key lesson to be learned from this example

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?