A weary traveler shows up at a hotel desk at midnight without a reservation. The desk clerk informs him that there is a room available, but sadly it is marked up 80% higher than the usual price. This is an example of promotional pricing

A ski chalet at Peak n' Peak now costs $250,000. Inflation is expected to cause this price to increase at 5 percent per year over the next 10 years before Chris and Julie retire from successful investment banking careers

How large an equal annual end-of-year deposit must be made into an account paying an annual rate of interest of 13 percent in order to buy the ski chalet upon retirement? A) $ 8,333 B) $13,572 C) $25,005 D) $22,109

Classical organizational theory focused on

A) establishing the means of controlling worker activities. B) the efficient structuring of organizations. C) the effective allocation of monetary incentives. D) effectively organizing the work of individuals.