Andi Littleton Has Inherited a Featherlite Brand Horse Trailer from Her

question 27

Multiple Choice

Andi Littleton has inherited a Featherlite brand horse trailer from her recently deceased grandfather. A preliminary investigation has shown many people would be interested in owning a Featherlite brand horse trailer. She is considering placing an advertisement in a newspaper targeted to horse owners. She has been told similar horse trailers are selling for about $14,000. Which of the following conditions is necessary for an exchange to occur between Littleton and a buyer?

• A)Her trailer should carry a low price.
• B)The trailer should be on display somewhere that people will see it.
• C)She needs to practise negotiating.
• D)Littleton and her buyer must be able to walk away from the deal if desired.

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Definitions:

Positive Relationships

Interactions or connections between individuals that are characterized by mutual respect, cooperation, and positive feelings.

Empowerment

The process of increasing the capacity of individuals or groups to make choices and transform those choices into desired actions and outcomes.

Effective Leadership

The ability to successfully guide and motivate a group toward achieving its goals while maintaining group cohesion and individual satisfaction.

Peter Drucker

A renowned management consultant, educator, and author, often considered the father of modern management theory.