Price Increases and AMA
EasyTiger,
The accounting summary that AMA publishes once a year is a broad overview. What I am referring to is what corporations are required to do - a detailed summary - revenues - how much - from who and where - expenses - again how much - where - who - what.... From what the AMA publishes, I have no idea who spends what on travel - how much does that Pasadena trade show generate in revenues - or is it a money loser.
Just like at work or at home I have to prioritize what are the returns for a given expense. What can I save in efficiencies if I spend $500,000.00 to install another Burke Porter dynamometer. How much OT will I save? Will I shorten the development cycle and save $$ for the platforms groups? Same thing at home right now - do I buy my daughter a used or new car for school - do I buy my wife a new car and give the daughter a five year old one? What is the payback period?
These are easy business decisions to make, at home, work or for the AMA. I have all the information I need at home or at work - the AMA assumes I trust the leadership enough to make the right decisions also - without them providing the details I would get from a public corporation - just a sort of trust me, it's only $10.00. Sorry, without the details, I don't know if AMA is being run like a good business or like Enron was.
Just came back from flying - we spent more than $10.00 on snacks and beverages - so yeah, $10.00 isn't much. It isn't worth really worrying about - but I hope the AMA leadership doesn't assume I blindly believe what they say - I don't.
Dan