Alvin Is Employed by an Automobile Dealership as Its Manager

question 82

Multiple Choice

Alvin is employed by an automobile dealership as its manager. As such, he purchased an SUV for $32,000 (fair market value is $48,000) . No other employees are permitted a discount. What is Alvin's basis in the SUV?

• A) $16,000.
• B) $32,000.
• C) $48,000.
• D) $80,000.
• E) None of the above.

Understand the reasons for and implications of various HRM practices such as outsourcing, offshoring, and reengineering.

Identify and explain the functions and strategies associated with downsizing within organizations.

Recognize the characteristics and impact of offshoring on business operations.

Distinguish between different HRM strategies used for improving operational efficiency and quality of products or services.

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Definitions:

Advertisements

Communications intended to inform, persuade, or remind potential customers about a product or service.

External Information

Data or knowledge obtained from sources outside an organization or system.

Sales Personnel

Individuals involved in selling products or services to customers, often directly interacting with them to close sales and meet revenue targets.

Antecedent State

The situational conditions or moods affecting an individual's cognitive processes and decision-making prior to engaging in a particular action or behavior.