Author a Accepts a $5,000 Advance from a Publisher and a 10

question 53

Multiple Choice

Author A accepts a $5,000 advance from a publisher and a 10% royalty after 5,000 books are sold. Author B foregoes the publisher's advance and negotiates for a 15% royalty on all books sold. Author C decides to self publish his book and keep 100% of all sales revenue. Which of these authors expects to sell the fewest books?

• A)Author A
• B)Author C
• C)Author B
• D)They are all equally likely.

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Definitions:

Concern For People

The consideration and care shown towards individuals' welfare and well-being by organizations or other individuals.

Task Responsibilities

The duties and obligations associated with a specific job or role.

Work Standards

The established criteria or benchmarks that define the expected quality and quantity of work to be performed.

Performance Monitoring

The process of continuously observing and evaluating the performance of individuals or systems to ensure objectives are being met.