Use the Following to Answer Questions

question 101

Multiple Choice

Use the following to answer questions :
Scenario I
The scenario describes research findings discussed in the following review article:
Cameron,C.C. ,& Thaler,R.H.(1995) .Anomalies: Ultimatums,dictators,and manners.Journal of Economic Perspectives,9(19) ,209-219.
In the ultimatum game,two participants are assigned to be either the "Divider" or the "Decider" by a coin flip.The Divider is given a sum of money,such as $10,and is instructed to offer some nonzero portion of it to the Decider.If the Decider accepts,she gets to keep what was offered and the Divider keeps the rest.If the Decider rejects the deal,both players get nothing.Both players are made aware of all these rules and then the game begins.Under these conditions,Dividers usually offer a little less than $5 and Deciders usually accept this amount.If Dividers offer less,Deciders often reject and both players get nothing.A similar game is termed the dictator game.Players are randomly assigned to be either the "Allocator" or the "Receiver." The Allocator is given a sum of money and makes a decision about how much money she would like to give the Receiver,who must accept this result.Allocators in this game usually offer some money to the Receiver but typically less than they offer the Dividers in the ultimatum game.
-(Scenario I) Replications of the ultimatum game with larger pots of money found similar results to the original studies.Which real-world anecdote is consistent with results from a large-stakes ultimatum game?

• A)As the economic magnitude of a sale increases,the seller is more likely to adopt a door-in-the-face technique and begin with a high sticker price before negotiating a fair price.
• B)A home seller would rather foreclose and lose everything than accept a low-ball offer from a buyer.
• C)Credit card companies vary interest rates and credit limits based on the risk associated with the credit applicant.
• D)Rather than risk not being signed by another team as a free agent,a veteran hockey player accepts a below-league-average salary to remain with his team.

Understand the preparation and planning required for making successful team presentations to external stakeholders.

Learn the guidelines for enhancing the readability and visual appeal of presentation materials.

Recognize the importance of understanding an audience’s needs and expectations for a speaking engagement.

Know the essential preparation and guidelines to follow before presenting to ensure a smooth delivery.

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Definitions:

Selected Accounts

Specific financial accounts chosen for review or analysis due to their relevance or importance in a particular context.

Federal Income Taxes

Taxes levied by the U.S. government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Bonds Issued

Debt securities sold by corporations and government agencies to investors to raise funds for various purposes, promising to pay back the principal amount along with interest on specific dates.

Straight Line Depreciation

An approach to apportioning the expense of a tangible asset through identical yearly charges over its productive life.