According to the Sears Auto Center Case,which of the Following

question 29

Multiple Choice

According to the Sears Auto Center case,which of the following is true?

• A)People would not justify the harm to others as being minimal even to achieve the desired sales quota.
• B)The customers were treated as ends rather than means.
• C)The key people were motivated by all the goals for the organization rather than maximizing profits.
• D)The rip-offs were possible as individual consumers lacked the relevant information.
• E)People generally choose long-term gains over short-term losses.

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Definitions:

Autarky

An economic condition or system in which a country is self-sufficient and does not engage in international trade.

Consumer Surplus

The gap between the maximum sum consumers are ready to pay for a product or service and the sum they ultimately spend.

Autarky

This is a situation where a country or region is self-sufficient and does not engage in international trade with other countries.

Employee Retirement Income Security Act

A federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.