Probability assigned:|
x 30 60 120 180
P(x) .10 .40 .40 .10
Answer:
Jane
Price of Groupon for a revenue of $300 is:
$3
Explanation:
a) Data and Calculations:
Expected Sales volume:
Number of Tubes x 30 60 120 180
Probability P(x) .10 .40 .40 .10
Expected values 3 24 48 18
Total = 93 tubes
Groupon price = $300/93 = $3.23
b) Jane's price for each Groupon will be the rent revenue per day divided by the expected number of tubes to rent daily. The expected number of tubes is derived by multiplying each expected number of tubes by its probability and then summing up the results.
Answer:
A
Explanation:
Multidomestic
Multidomestic describes a set of strategies used by companies that operate in more than one country at a time. When businesses take their operations into markets overseas, they will naturally tend to act differently than their larger competitors, many of them choosing a multidomestic strategy. A multidomestic company is a business that uses a different approach in each of the markets it operates in.
A good example of a multidomestic company is Nestlé. Nestlé uses a unique marketing strategy and sales approach for each of the markets in which it operates. They conform their products to local tastes by offering different products in different markets.
Answer:
If the sales target is $6, the consumer must buy one pair's cheap sandal because it gets a maximum value of 20 per $spent.
Explanation:
The computation of maximize utility is shown below:-
Bananas Pizza Cheap Sandals
Units MU MU/Price MU MU/Price MU MU/Price
1 19 19 48 16 120 20
2 15 15 33 11 30 5
3 5 5 3 1 6 1
If the sales target is $6, the consumer must buy one pair's cheap sandal because it gets a maximum value of 20 per $spent.
Answer:
total payoff = $50000
Explanation:
solution
The payment is indicated on a specific node in a circular format.
This is the sum of the results and their possibilities.
we get here now total payoff node is
total payoff = 0.5 × $100,000 + 0.5 × 0
total payoff = $50000
and given the number, it shows that the right decision is the cancer lab. This is because it has the highest price with expected 60000
