There is a 30% chance that any current client of company A will switch to company B this year. There is a 20% chance that any client of company B will switch to company A this year
If these probabilities are stable over the years, and if company A has 1000 clients and company B has 1000 clients, in the long run (assuming the probabilities do not change), what will the market shares be?
40% for A and 60% for B
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When a group of consumers refuses to do business with a company in order to show disapproval of the company's actions and to encourage the company to change, the consumers are participating in a(n) ________
A) regulation B) boycott C) nongovernmental organization D) exaggerated claim E) sustainability effort
Forecasts are predictions based on time-series information.
Answer the following statement true (T) or false (F)
The ____ theory of leadership does not disagree with the importance of the leader’s characteristics or actions. Rather, it states that both must be considered in the context of the situation.
a. Contingency b. Life cycle c. Fiedler’s LPC d. Path-goal
Under a contract with Bucolic Farms, Agro Excavation, Inc, begins digging an agricultural pond. In mid-project, Agro asks for $15,000 over the contract price, claiming an increase in the "cost of doing business.". Bucolic agrees but later refuses to pay. Their agreement is
a. unenforceable because Agro's performance was a preexisting duty. b. unenforceable because Bucolic's promise was illusory. c. enforceable. d. unenforceable because its performance is unforeseeably difficult.