Examlex

Solved

A Firm Is Considering Adding a Second Secretary to Answer

question 168

Essay

A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $15/hour and she will work 200 hours each month. If each new client adds $800 of profit to the firm, how many clients must the secretary arrange for the firm to break even?


Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a position of leadership or governance.

Obedience

The act of following orders or commands from someone in authority, often studied in social psychology.

Technique

A systematic procedure, method, or art applied by a particular task, performance, or craft.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or pressures.

Related Questions