Mike, a real estate agent, sold a condo that was listed by an agent from another company. What is his relation to the listing agent?

a. principal
b. third party
c. co-agent
d. subagent

Answer: d. subagent

Business

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A retailer's location strategy can be made more flexible through _____

a. the use of longer-term leases b. sale and leaseback arrangements c. the use of renewal options versus a long-term lease d. ownership versus leasing

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In managing conflict, a manager must be able to understand how cultural differences and other diversity issues may affect the situation

Indicate whether the statement is true or false.

Business