MicroAge Sells Cellphones at a Selling Price That Includes a 65

question 113

Multiple Choice

MicroAge sells cellphones at a selling price that includes a 65% markup on cost. If a cellphone costs MicroAge $300, its selling price is

• A) $495.00
• B) $391.50
• C) $214.81
• D) $461.54
• E) None of these answers is correct.

Understand how political behavior impacts organizations and methods for its effective management.

Comprehend the concept of the zone of indifference and its significance in organizational behavior.

Identify and describe tangible symbols of power as per Michael Korda.

Analyze the ethical dimensions of power-related behavior using the criterion of utilitarian outcomes.

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Definitions:

Inwards Inspection

The process of examining materials or products upon arrival at a facility to ensure they meet required standards and specifications.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision.

Performance Measures

Metrics used to assess the efficiency, effectiveness, and performance of an organization's activities or employees.

Expedited Orders

Special orders that are processed and shipped faster than standard orders.