Person MT visited different showrooms and websites looking at the different makes of SUV. He was willing to wait for the right package since he was planning to own it for many years. He wrote a check of $1,000 dollars securing the terms of the agreement. He later called off the deal after an argument with the salesperson later. To explain: The obligations of the representative and the manager regarding the purchase decision in this scenario.

Question

Want to see the full answer?

Answer 1

Question

Chapter 12, Problem 12.21EE

Summary Introduction

Summary:

Person MT visited different showrooms and websites looking at the different makes of SUV. He was willing to wait for the right package since he was planning to own it for many years. He wrote a check of $1,000 dollars securing the terms of the agreement. He later called off the deal after an argument with the salesperson later.

To explain: The obligations of the representative and the manager regarding the purchase decision in this scenario.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

In a small island developing country, the service sector has been dominated by four companies: LightingPros Ltd., Island Solutions Inc., Real Services Co., and Entertainment Enterprises. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market. However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenges faced by the companies include limited-service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce costs, and…

St. Lucia, a small island developing country, the service sector has been dominated by four companies: LightingPros Ltd., Island Solutions Inc., Real Services Co., and Entertainment Enterprises. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market. However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenges faced by the companies include limited-service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce…

Transactional leadership Discuss how this leadership style will fit with the healthcare industry and can benefit the staff. Explain your answer.