According to Robert Cialdini's Principle of Scarcity

question 34

Multiple Choice

 According to Robert Cialdini's principle of scarcity

• A) people should repay in the future what another person has done for them in the present.
• B) someone will be more willing to say yes to an individual whom they like.
• C) someone will follow orders based on the other person's position in the formal organizational hierarchy.
• D) opportunities seem more valuable when it feels like a "once-in-a-lifetime situation."

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Definitions:

Market Value

Market value is the current price at which an asset or service can be bought or sold in an open market.

Retained Earnings

The portion of net income left over for a business after it has paid out dividends to its shareholders, often reinvested into the business.

Cumulative Net Income

The total profit of a company after all expenses and taxes have been deducted, accumulated over a period of time.

Dividends Declared

Profits announced by a company's board of directors to be distributed among shareholders.