What are the three positively originated (transformational) motives?
What will be an ideal response?
The three positively originated motives-sensory gratification, intellectual stimulation, and social approval-are also called transformational motives because the consumer expects to be transformed in a sensory, intellectual, or social sense.
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A company faces fixed costs of $100,000 and variable costs of $8.00/unit. They plan to directly sell their product to the market for $12.00. How many units must they produce and sell to break even?
A) 20,000 B) 25,000 C) 40,000 D) 50,000 E) not enough information to calculate
In empowering employees, to lead for progress, managers should
A. support and coach employees. B. delegate important tasks. C. inspire subordinates. D. monitor and reward employees. E. help employees identify their passions at work.
Putter Inc requires all capital investment projects to have a payback period of 4 years or less. Putter is currently considering an equipment purchase that has an initial cost of $80,000. The equipment is expected to have a six year life and a salvage value of $4,000. Assuming cash flows are equal, what does the annual cash flow generated by the equipment need to be in order to meet the payback
period requirements? A) $19,000 B) $13,333 C) $21,000 D) $20,000
Often, regulatory statutes such as environmental statutes impose criminal liability based upon
absolute liability. Indicate whether the statement is true or false