You Have Just Been Promoted to Manage a Sales Group

question 15

Multiple Choice

You have just been promoted to manage a sales group.Your group is made up of 10 people who range in age from 27 to 62.You have read that there are certain dominant work values for each age group and think that this may help you understand your group. You can expect that your youngest employees,the Millennials,will seek:

• A)loyalty to career.
• B)long-term loyalty to the organisation.
• C)work/life balance.
• D)financial success.

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Definitions:

Buyer in the Ordinary Course of Business

A buyer in the ordinary course of business purchases goods in good faith, without knowledge that the sale violates the rights of another person in the goods, and in the routine course of the seller’s business.

Good Faith Purchaser

An individual who buys property without knowledge of any existing claims or defects in the title of the property, thereby acquiring uncontested ownership.

Bulk Transfer

The transfer of a substantial part of the materials, inventory, or supplies of a business outside the ordinary course of business.

Ordinary Course of Business

The regular, usual, and customary activities and operations that a company engages in to conduct its business.