From a utilitarian perspective, bribery ________
a) encourages competition leading to increased output
b) distorts markets and reduces economic efficiency
c) is reversible
d) is morally justified
B
Business
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In which stage of personal selling do you obtain the sale?
A. Close B. Pre-approach C. Approach
Business
A friend asks to borrow $55 from you and in return will pay you $58 in one year. If your bank is offering a 6% interest rate on deposits and loans:
a. How much would you have in one year if you deposited the $55 instead? b. How much money could you borrow today if you pay the bank $58 in one year? c. Should you loan the money to your friend or deposit it in the bank?
Business