Mike, a Sales Rep for a Major Computer Software Company

question 6

Multiple Choice

Mike, a sales rep for a major computer software company, knows his company does not plan to maintain updates for the software. When selling the software package to customers he implies the company will continue to support the software. Mike could create a ________________ legal problem.

• A) Truth-in-lending
• B) Breach of warranty
• C) Equal employment opportunity
• D) Situational ethics
• E) Tying agreement

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Definitions:

Expected NPV

Net Present Value expected from an investment, taking into account the probability of various outcomes.

Full-Ride Scholarship

A scholarship that covers all the expenses of a student’s education, including tuition, room, board, and possibly other costs.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Human Capital

Human capital refers to the collective skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.