Victor Ortiz Was a Successful and Popular Manager at the Marketing

question 58

Multiple Choice

Victor Ortiz was a successful and popular manager at the marketing division of a consumer goods company. Many attributed the company's immense success in the last two years to Victor's highly creative marketing plans which cost the company very little but increased the visibility of its products. He also effectively tied up with new retail chains so the demand for their products grow as the new retail chains grow. Recently, a subordinate alleged that Victor had sexually harassed her and stories of similar allegations being made against him in the past resurfaced. The situation was laid to rest when Victor made an appearance with the victim by his side claiming that the allegations were baseless as he was romantically involved with her. Though this announcement did not convince people, the allegations against Victor were withdrawn. From the information provided in the scenario, this outcome can be explained by the fact that ________.

• A) Victor has a high degree of referent power
• B) Victor has enough power to get away with his misdeeds
• C) Victor has abided by the standards of equity and justice
• D) Victor has used a defensive impression management technique
• E) Victor has used scapegoating to free himself from the charges

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Definitions:

FIFO Method

The First-In, First-Out (FIFO) method is an inventory valuation approach where goods produced or acquired first are sold or used first.

Physical Count

The process of manually counting all inventory items in a store or warehouse to verify quantities and condition.

Cost of Goods Sold

The costs directly resulting from the creation of products a company sells, including expenses related to materials and labor.

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold.