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BK Books is an online book retailer that also has 1 0 , 0 0 0 bricks and mortar outlets worldwide. You are a risk

BK Books is an online book retailer that also has 10,000bricks and mortar
outlets worldwide. You are a risk-neutral manager within the Corporate
Finance Division and are in dire need of a new financial analyst. You only
interview students from the top MBA programs in your area. Thanks to your
screening mechanisms and contacts, the students you interview ultimately differ only with respect to the wage that they are willing to accept. About 5 percent of acceptable candidates are willing to accept a salary of $60,000, while
95 percent demand a salary of $110,000. There are two phases to the interview process that every interviewee must go through. Phase 1 is the initial
one-hour on-campus interview. All candidates interviewed in Phase 1 are also
invited to Phase 2 of the interview, which consists of a five-hour office visit.
In all, you spend six hours interviewing each candidate and value this time at
$750. In addition, it costs a total of $4,250 in travel expenses to interview
each candidate. You are very impressed with the first interviewee completing
both phases of BK Bookss interviewing process, and she has indicated that
her reservation salary is $110,000. Should you make her an offer at that salary
or continue the interviewing process? Explain

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Id probably just get more upset. Its bett er to just drop it.

Answered: 1 week ago