Steve and Roger Allocate 2/3 of the Profits and Losses

question 16

Multiple Choice

Steve and Roger allocate 2/3 of the profits and losses to Steve and 1/3 to Roger. If the net income of the firm is $30,000, calculate the share of Roger's net income.

• A)$20,000
• B)$10,000
• C)$30,000
• D)$25,000

Understand the concept of parallel referral sales and their application.

Identify and analyze business communication and prospecting challenges.

Understand the terminologies used in sales to distinguish between different stages of customer engagement.

Know various prospecting methods suitable for reaching a broad audience.

---

Definitions:

Legal Construct

A theoretical or legal idea, designed and accepted by society or a specific community, which guides actions and interpretations legally and socially.

NLRA Reform

Suggests changes or amendments to the National Labor Relations Act, which is legislation in the United States that governs labor relations and workers' rights.

Captive Audience Meetings

Gatherings where employees are required to attend, often used by employers to communicate information or influence opinions.

Card Check Recognition

A method of union recognition where an employer acknowledges a union's role as bargaining agent if a majority of employees show support, typically by signing authorization cards.