Future events that cannot be controlled by the decision maker are called _____
a. indicators
b. states of nature
c. prior probabilities
d. posterior probabilities
b
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The sales director of RealPlan has developed a sales team training session to address the differences between consumer and business buyers. Which of the following is a true statement that should be included in the training session?
A) In business sales, the initial contact is almost never the actual purchaser. B) In business sales, more than one person may be involved in the purchasing decision. C) In consumer sales, emotion plays a more significant role than logic in decision making. D) In consumer sales, a new-task buy is the most common type of purchasing situation. E) In consumer sales, even low-cost items involve significant consumer involvement.
A manufacturing process produces items whose weights are normally distributed. It is known that 22.57% of all the items produced weigh between 100 grams up to the mean and 49.18% weigh from the mean up to 190 grams. Determine the mean and the standard deviation.
What will be an ideal response?
Which of the following statements is true of a hostile takeover??
A. ?A hostile takeover results when a management wants the firm to be taken over. B. ?A hostile takeover occurs when a firm's stock is undervalued relative to its potential. C. ?A hostile takeover retains the managers of the acquired firm at their previous positions. D. ?A hostile takeover refrains managers to take actions that maximize stock prices. E. ?A hostile takeover results in poor management and inefficient operations.
Real World Sports Corporation (RWSC) is a U.S. firm with a workplace in Switzerland. Generally, RWSC must abide by U.S. anti-discrimination laws in Switzerland
a. under any circumstances. b. under no circumstances. c. unless to do so would contravene the cultural norms of Switzerland. d. unless to do so would violate the law of Switzerland.