The principle of scarcity suggests that people are harder to influence when they feel that they are obtaining a scarce resource.
Answer the following statement true (T) or false (F)
False
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The Frozen Products Department of GoodThings, Inc shows net sales of $465,000, cost of goods sold of $173,000, and operating expenses of $62,000 . What is the gross profit for the department?
a. $403,000; b. $230,000; c. $292,000; d. $111,000; e. none of these
Which of the following sales personnel activities is considered ethically acceptable behavior?
A. Attending college in the evening but taking an afternoon off to prepare for class. B. Taking the family to Disneyworld and writing it off on the expense account. C. Splitting commissions with fellow employees to win a sales contest. D. Attending a college course on company time. E. Giving a $10 dollar gift to a $10,000 customer.
Researchers used meta-analysis to examine the levels of transformational leadership in 18 countries. These researchers examined how transformational leadership related to the countries power distance scores. They found that
a. transformational leadership was negatively related with countries’ power distance scores b. transformational leadership was not related with countries’ power distance scores c. transformational leadership was positively related with countries’ power distance scores d. transformational leadership was curvilinearly related with countries power distance scores
Maximum judgment in an FTC deception cases is $1 million
a. True b. False Indicate whether the statement is true or false