Suppose You Are a Manager of a Factory

question 169

Multiple Choice

Suppose you are a manager of a factory.You purchase five (5) new machines at one million dollars each.If you can resell two of the machines for $500,000 and three of the machines for $200,000,what are the sunk costs of purchasing the machines?

• A) $5 million
• B) $500,000
• C) $3.4 million
• D) $1.6 million

Understand the dynamics of interpersonal and societal expectations in negotiation ethics.

Evaluate the impact of gender on ethical decision-making in negotiations.

Understand the basic interaction patterns within groups and their definitions.

Recognize factors that influence group norms adherence and group cohesion.

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Definitions:

Victimized

The act of being made a victim or the process of being harmed or made to suffer physically, emotionally, or psychologically by others.

Legal

Pertaining to the law or the practice of law, including the system of rules that a particular country or community recognizes as regulating the actions of its members.

Financial Resources

Assets in the form of money or other valuables that an individual or organization can draw upon to fund its operations, investments, and to secure its future.

Coping Strategies

Techniques or methods that individuals use to handle, endure, or minimize stress and conflict in life.