Maddie Noticed That Many Students on Campus Had T-Shirts with Greek

question 32

Multiple Choice

Maddie noticed that many students on campus had t-shirts with Greek organization letters or club names on them. Recognizing that there was a huge market for this attire, Maddie rented a store front and a silk screening machine to get into the t-shirt business. Maddie's rent is $1,000 a month, including utilities. The silk screen machine leases for $300 a month. Maddie can buy blank t-shirts for $6 each and determined the cost of materials for the silk screening at $2.50 per unit. Considering just the figures provided above, how many t-shirts does she need to sell each month to breakeven if she prices the screened t-shirts at $15?

• A) 200
• B) 400
• C) 225
• D) 153

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Definitions:

Reciprocity

Reciprocity refers to a mutual exchange of privileges or interactions between two or more parties, where each party offers something in return for what is received.

Follower Role Orientation

The manner in which followers view their role and responsibilities in relation to leaders and the organization.

Organizational Outcomes

The results or consequences of an organization's actions, including its performance, employee satisfaction, and financial health.

Immediacy

Refers to the degree of directness and closeness in communication or interaction, often used to create a sense of urgency or intimacy.