Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that will disrupt all suppliers as 0.23%

In addition, the firm currently uses three suppliers for its main component, and the manager estimates the probability of a unique-event that would disrupt one of them sometime during the next five years to be 1.4%. What is the probability that all three suppliers will be disrupted at the same time at some point during the next five years?
A) 4.4203%
B) 0.2300%
C) 4.4300%
D) 0.2297%
E) 0.2303%


E

Business

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Baxter Healthcare is a leading supplier of hospital products. It has entered into a strategic partnership with many of the hospitals it serves. Baxter supplies them with one-day delivery service of quality products and inventory management assistance. In return, the hospitals give Baxter all of their business. The foundation of their relationships is trust, which is based on:

A. Baxter's ability to supply quality products on a one-day notice. B. Baxter's perceived dependability. C. Baxter's inventory management expertise. D. the concern of both parties for each other's needs. E. all of these.

Business

Altonvista Inc., a company based in California, is sued by a plaintiff from the state of Texas. Which of the following statements is true in this scenario?

A. The case must be heard in the California federal court, as this is a subject matter in which federal courts have exclusive jurisdiction. B. If the plaintiff chooses to bring the case to the California federal court, it would stay in the federal court. C. If the plaintiff decides to bring the case to the California federal court, Altonvista Inc. can have the case moved to a California state court. D. The case can only be heard in a California state court, as the matter is not subject to federal jurisdiction.

Business

When you run a cross-tabulation analysis, using XL Data Analyst, you must calculate the row and column percentages tables by hand; all else is automatically calculated for you

Indicate whether the statement is true or false

Business

Reach is a measure of how many times the average person in the target market is exposed to the message

Indicate whether the statement is true or false

Business