Pari Corporation Purchases Crystal Vases for Resale

question 6

True/False

Pari Corporation purchases crystal vases for resale. The cost of each vase is $77 less 25%. Operating expenses are 30% of cost. Policy is to have a 60% mark-up on selling price. In order to breakeven Pari has to sell each vase at $75.08 or a 48% markdown.

---

Definitions:

Instrumentality

The perceived relationship between performance and the attainment of certain outcomes, an important concept in motivation theories such as expectancy theory.

High Performance

A state of operating with maximum efficiency and effectiveness, often surpassing expected standards.

Performance Expectations

Standards or benchmarks that define the expected level of job performance.

Performance-outcome Expectancy

The belief that a certain level of performance will lead to a specific outcome.