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(#M40167057) TUITION PRACTICE EXA QUESTION Math Essay Prompt Keep an EYE

An investor gave you a million dollar cash and asked you to develop a computer software services company. You were instructed to make it into a hundred million dollar annual revenue company with a net profit of at least 10% of the revenue. You are offered an ownership share in the company which is inversely proportional to the time it takes to make it into the hundred million revenue company and also directly proportional to the profit. Things to consider are: (1) You are not allowed to take any bank loans for expanding the business. (2) In the first year every one dollar you spend on marketing results in $5 revenue and the later years it could be more than $10. (3) Salaries and other operating expenses except marketing staff expenses account for 80% of the revenue. What are your plans to maximize your ownership share in the company?

Asked In Tuition Practice Exam - Math prompt have Julie Affer (4 years ago)

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