Reference: Ref 17-3 (Table: Excellence Publishing) Refer to the Table

question 105

Multiple Choice

Reference: Ref 17-3 (Table: Excellence Publishing) Refer to the table. Initially each edited book sells for $50. Suppose that there is an increase in the demand for edited books, such that each edited book now sells for $70. How many people will the company hire per year as editing staff if the salary is $47,000 per staff member?

• A) 5
• B) 6
• C) 7
• D) 8

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Definitions:

Machiavellian Values

Traits characterized by cunning, stratagem, and a pragmatic, often unscrupulous approach to achieving personal or organizational goals.

Political Tactics

Strategies and maneuvers used within an organization to gain power, influence decisions, and achieve objectives, often involving subtle negotiations and alliances.

Organizational Settings

The environment, including the culture, structure, and processes, in which an organization operates.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and overall well-being.