The $50 million case of Israeli General Ariel Sharon against Time magazine ________

A) was about obscenity
B) was a slander case challenging the right of people to bear arms
C) was a case in which the jury felt that Time was negligent but had not acted with malice
D) was about a paper covering an attempt of a police officer to cover up what had transpired


C

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Monchen Labs is an company that prides itself for innovating cutting-edge technologies in the

radio-diagnostics equipment industry. The firm, as a policy, prices its newly-launched products nearly 50 -60% higher than what it would sell the same products for nearly a year after their launch. The firm justifies the high pricing as a means to recoup the rather prohibitive R&D costs involved in the development process. Which of the following pricing objectives does Monchen Labs follow in this case? A) survival pricing objective B) market skimming pricing objective C) market share maximization pricing objective D) product-quality leadership pricing objective

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Equity theories present a model of motivation based on the notion of:

A) Organizational structure B) Social exchange C) Political relationships and ambiguity D) Equitable relief

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The Coffee Express company is located in a business district with few customers on the weekend. To attract customers on Saturday and Sundays, it reduces its prices on these two days. This is an example of

A. the income effect. B. the substitution effect. C. dynamic pricing. D. cross-price elasticity. E. the target return effect.

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Aaron has started working for a new firm. There are thirty people on his floor. He is having problems remembering their names. Which of the following should Aaron do to improve his ability to recall names?

A. He should address them with titles like Mister or Miss and not worry about remembering names. B. He should maintain a notebook with people's names and their photos. C. He should ask them their names every time he meets them. D. He should call people by their names two or three times while talking to them.

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