Austin Has Just Taken Over as Manager of on the Run

question 81

Multiple Choice

Austin has just taken over as manager of On the Run Bail Bonds.As part of his plan for the organization,he wants to increase the revenue by 30% each month,which means the bounty hunters will each need to nab 5 additional bail jumpers every month.According to the Goal-Setting Theory,what will happen at On the Run Bail Bonds?

• A)the bounty hunters will fail to meet the goal
• B)the bounty hunters might fail to meet the goal but will be motivated to try
• C)the bounty hunters will meet the goal
• D)the bounty hunters will start hunting Austin

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Definitions:

Advertising Expenses

Costs incurred in promoting a product, service, or brand through various media, including print, online, television, and outdoor advertising.

Contribution Margin

The amount of revenue from sales that exceeds variable costs, providing a measure of the ability of a company to cover its fixed costs and contribute to profit.

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Washburn Guitars

A well-known American manufacturer and importer of guitars, mandolins, and other string instruments with a history dating back to the 19th century.