Which of the following people works at abrokerage?Jeanine, an absentee owner, who lives in NewYork and hires someone to maintain her propertyin San FranciscoAviv, a sales associate, who markets hisknowledge and specializations to potentialcustomersMaria, an investor, who is buying different typesof commercial propertiesHernando, a certified appraiser who appraisesfederally-related transactions, such as federallyrelated loans+

In the realm of real estate, various professionals contribute to the industry's dynamics. Let's…

Answered: Which of the following people works at…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Kenyi is a recent college grad. His friends always ask for his advice first when buying new products, particularly technology products. When Kenyi recommends a product, the news spreads rapidly by word of mouth. Kenyi is most likely
Answer the questions based on the case. Alia is a salesperson in an electronics company. At a recent trade exhibition, she met a supplier that was willing to supply her company with a product on an exclusive basis (i.e., available to her company only) that could offer in the business marketplace. The product in question has already been successfully developed and tested and – yet – is not being sold on the market. Alia knows from speaking to the customers that there is demand for such a product and it would plug a gap in her company’s product portfolio and give the company a significant competitive advantage. Then, Alia approach the product management division with all her idea, and, to her surprise, they are very unenthusiastic and reject the idea, stating “We always develop our products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside”. Question2. Advise Alia on how to recognize the opportunities in…
While working as a new employee at the Defense Contracting Audit Agency, you noticed that a fellow employee was studying intensely for the Financial Accounting section of the CPA test. You planned to sit for that test section in two months, and your colleague was sitting for that test section next Thursday. On Thursday evening, you phoned your friend to see how she was doing after the test. She thanked you for being considerate and told you that she was emotionally drained. Nonetheless, she then kept you on the phone for 15 minutes, telling you about the “nasty” Statement of Cash Flows and Consolidation problems she encountered. What is the ethical issue? Did either of you commit a discreditable act under the Code of Conduct?
Help fill the blank please
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The founder of your company believes that younger employees are more dynamic and perform better in sales positions. He recommends that you set an age requirement for the position for applicants between the ages of 18 and 25 before placing a fresh job ad for your sales division. Is his recommendation reasonable? Why or why not?
The supporters of the stockholder model believe in the idea that ________. * Business is not a charity Business is a charity Business must primarily satisfy its stakeholders Business needs a governmental interference The proponents of the stockholder model believe in the idea that ________. * Business needs a governmental interference Business is not a charity Business is a charity Business must primarily satisfy its stakeholders A business whose sole objective is to maximize profit is probably overly concerned with its ethical and social responsibility. * False True
A company requiring an employee to sign a non-compete agreement upon which he/she will be prohibited from working for a competing business across the Lebanese territories for 8 years is deemed unethical because it causes a hardship on the employee to find another job. * False True
Which of the following actions would be most likely to decrease agency costs for the firm? Multiple Choice Increase employees' salaries to exceed the salaries paid by competitors Pay all employees based on the amount of revenue generated by the firm Prohibit employees from becoming shareholders of the firm Pay bonuses to employees only if profits increase from one year to the next Reward high performing employees with shares of stock
You are seeking work in an “At Will” state. You apply for a job at Gigantus Corporation, a major manufacturer of children’s toys. As part of the interview hiring process, you are given a company policy handbook that states: “all hiring, promotional, and discharge decisions will be made fairly.” After 18 months, all with good reviews, you receive your termination notice (effective in 30 days) without further explanation. This does not seem “fair” to you; might you have the basis for legal action? Explain. Q2 You are a partner in a mid-sized manufacturing plant (about 100 employees) in a right-to-work state. You and your partners have a very good relationship with your employees. To your surprise, you are approached by one of your long-term employees, who indicates that he plans to lead a campaign within your plant to unionize. How will you generally deal with this? Q3: A large Michigan city’s fire department has several physical tests and requirements for all job applicants. One such…
Limited benefit plans are designed to: O A. O B. O C. O D. provide additional insurance coverage for named diseases insure business owners only for all diseases protect employees for the loss of life insurance pay for unemployment Expenses

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