ure late payment. If ConEdison would have, perhaps, given a limited time-frame for payment, or advised their customer of their stringent schedule for payment, they could have avoided this relatively simple situation and allowed the customer to comply with their requests.In addition to their unreasonable actions, they performed business practices that could be considered illegal. By having an employee enter the premises at 5:45 on a Friday (15 minutes before the ConEdison Company closes), and explain that he was in for the meter reading and then instead, turned off the electricity, the company misrepresented itself and gave incorrect information to its customer. This could be considered very poor business and in the event of deregulation of the utility industry in New York, the business from the Knitting Factory would have definitely been lost to a competitor.Chapter Three (pg. 104-105)Is KnitMedia an organization for which you’d like to work? Would you be motivated to excel? Why or why not? Explain.KnitMedia is excellent for someone who wants to be part of a fast-growing, small organization without the layers of management of a large organization. Additionally, it fosters an independent work environment, where employees are empowered to think and act alone. Furthermore, it attracts employees who share the same interests musically and professionally. Based on what you’ve learned from the text, what is your assessment of Michael Dorf’s efforts to expand to other countries and become global?KnitMedia is in the process of expanding its record label globally and opening clubs in the US and abroad. It is based in New York and has an office in Amsterdam to oversee European operations and establish relationships with local musicians, agents, promoters, and retailers to overcome cultural differences. Although, it only has one club, located in New York, it plans to open two more within a year, one in Los Angeles and ano...
