negative letter - nearly 12% from a year ago. Our recall...

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Toyota, U.S.A., Inc. MEMORANDUM DATE: December 15, 2010 TO: Charles Morris FROM: Judy Leale, Marketing department manager JL SUBJECT: Your bonus will be changed The entire Marketing staff is pleased with your effort to improve sales. We are proud of you to be the championship at sales of Corollas last month. As you and I know, our company has recalled 5.7million vehicles to fix sticky accelerator pedals. This issue strongly influenced our sales volume, which made sales tumble
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Unformatted text preview: nearly 12% from a year ago. Our recall costs could increase to more than $5 billion. You have worked here for five years; your bonus should have been increased. However, because of our company's situation, I am sorry that your bonus will be reduced from $5000 to $2500.Your other income will not change. We are bound to overcome this challenge. We are able to make our clients to trust our brand. I believe that your bonus will be raised next year. Judy Leale...
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This note was uploaded on 10/21/2010 for the course ACCT 12345 taught by Professor Beth during the Spring '10 term at Oklahoma City Community College.

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