Your Client Has Told You How Much His Good Reputation

question 3

Multiple Choice

Your client has told you how much his good reputation in the community means to him. Now he reveals that he has been cheating his business partners. Which of the following would be the best response to this discrepancy?

• A) "Don't you realize that what you're doing is illegal-what if you get caught?"
• B) "I'm wondering how cheating your business partners fits in with the importance you hold to having a good reputation in the community?"
• C) "You know, you're lying to yourself if you think you can do this and still keep a good reputation in the community."
• D) "This is really going to hurt your reputation when it all comes out, isn't it?"

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Definitions:

Units of Output

The quantity of goods or services produced by a company, industry, or economy within a specific period.

Marginal Revenues

The extra earnings accrued by selling an additional unit of a good or service.

Purely Competitive Firm

A company operating in a market with many buyers and sellers, where no single entity can influence the price of its product.

Total Revenues

The overall revenue a business secures from its goods or service transactions, before removing any spending.