What are the negative consequences of the traditional emphasis on getting the sale no matter what?
What will be an ideal response?
The traditional emphasis on getting the sale no matter what damages trust, insults the buyer's intelligence, and raises the possibility of losing commitment altogether.
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Which of the following is true for an auction with reserve?
A) The seller retains the right to refuse the highest bidder. B) Invitations to make an offer are not allowed. C) Goods cannot be withdrawn from sale after the offer has been made. D) A bid once made cannot be withdrawn and is legally binding.
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, how many bags of Phosphate Max does John use?
a. 3.2 bags b. 1.6 bags c. 2.1 bags d. 4.8 bags
Evidence suggests that growth stocks tend to outperform value stocks
Indicate whether the statement is true or false.
The ________ the interest rate, the ________ the present value of an annuity
A) higher; lower B) lower; lower C) higher; higher D) Interest rates do not affect the present value of an annuity.