A transition probability describes
a. the probability of a success in repeated, independent trials.
b. the probability a system in a particular state now will be in a specific state next period.
c. the probability of reaching an absorbing state.
d. None of the alternatives is correct.
b
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According to Bartlett, which of the following was the first stage of development for successful organizations that avoided the myth of the ideal organizational structure?
A) transitioning from ethnocentric and polycentric to geocentric orientation B) building channels of communication between managers in various parts of the world C) developing organization norms and values to support decision making D) moving from international division to a worldwide product division
The goal of positioning is to ________
A) locate the brand in the minds of consumers to maximize the potential benefit to the firm B) discover the different needs and groups existing in the marketplace C) target those customers marketers can satisfy in a superior way D) collect information about competitors that will directly influence the firms' strategy E) help the firm anticipate what the actions of its competitors will be
Identify and briefly describe the four ways to respond to identified risks.
Fill in the blank(s) with the appropriate word(s).
A periodic share repurchase plan allows investors to buy more shares by reinvesting dividends they receive on a company's stock
Indicate whether the statement is true or false.