Rachel Finnegan is a broker who specializes in selling small homes. She has a listing for a small home with a list price of $90,000. When a prospective buyer comes through the house, he tells Rachel he is interested but the $90,000 is too high of a price. Rachel tells him, "Look, these people are desperate. They need to move, like tomorrow. They'll take whatever you offer." Rachel:
A) Is just
acting as a dual agent.
B) Cannot control offers and has done nothing wrong.
C) Has breached her fiduciary duty to her client sellers with this disclosure.
D) None of the above
C
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Indicate whether the statement is true or false
What sales price would allow the CEO to achieve the target profit if the cost-plus pricing method is used? (Round your answer to nearest cent.) Show all computations.
Murong Enterprises is a price-setter that uses the cost-plus pricing approach. The products are specialty components used in industrial equipment. The CEO is certain that the company can produce and sell 500,000 units per year, due to the high demand for the product. Variable costs are $3.25 per unit. Total fixed costs are $860,000 per year. The target operating income for the year is $150,000.
According to psychologist Abraham Maslow, which of the following needs is included in the most basic level of human needs?
A) The need for respect B) The need for affiliation C) The need for love D) The need for food E) The need for appreciation
Researchers gave participants in an assessment center their choice of working on either complex or simple tasks. They found that
a. the smart people chose to work on the simpler and easier tasks b. the number of complex tasks that people performed had an even bigger effect on leadership emergence than the measure of cognitive ability c. interestingly, there was no difference in intelligence between those who worked on complex tasks and those who worked on simple tasks d. it was the total number of tasks performed (either simple or complex) that predicted leadership emergence, rather than the type of tasks