Find the probability that none of the 3 products is successful
A company markets educational software products, and is ready to place three new products on the market. Past experience has shown that for this particular software, the chance of "success" is 80%. Assume that the probability of success is independent for each product.
Answer: (1)(.2)(.2)(.2) = .008
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Which of the following best describes the strategy where product variants are developed to appeal to different segments of the market or to satisfy customers' needs for variety?
A) production line strategy B) product line strategy C) customer line strategy D) competitor line strategy
Two companies produce different proprietary versions of the same product. The two versions are very alike in quality and effectiveness, but the product from the company with a strong reputation for ethical performance costs slightly more. Given statistical research findings, what will most Americans who want this type of product do assuming they are familiar with the two companies?
a. Base their purchase on convenience and disregard ethical reputation. b. Base their purchase not on ethics or price but solely on user reviews. c. Pay the higher price for the product from the ethical company. d. Pay the lower price for the product from the company with no reputation for ethics.
A corporation can be dissolved:
A) Through a judicial proceedings. B) By the corporation's creditors. C) By the board of directors with shareholder approval. D) By the secretary of state for certain failures by the corporation. E) All of the above
There are several sources of information available to help you make intelligent choices about buying and selling stock? If you choose a corporation's annual report to base your decisions on, what should you look for?
What will be an ideal response?