A company is considering producing two new electronic games designed for the popular Gameboy toy
Based on market data, management believes that there is a 60 percent chance that a "cops and robbers" game will be successful and a 40 percent chance that a "let's play house" game will be successful. As these products are completely different, it may be assumed that the success of one is totally independent of the success of the other. If two products are introduced to the market, what is the probability that both are successful?
A) 0.12
B) 0.60
C) 0.36
D) 0.24
E) None of the above
D
You might also like to view...
A marketing plan for a retailer should most likely include how to:
A. evaluate return on investment. B. promote a specific product. C. identify benefits. D. utilize the SELL sequence. E. present a customer needs analysis.
Lorraine works for a company that does not pay very well. She relies heavily on extra paychecks that her company gives out a couple of times a year. She works hard to secure her extra checks. Lorraine is getting what type of extrinsic reward?
a. Merit pay plan of individual-level performance-based pay b. Profit sharing plan of team- and organization-level performance-based pay c. Bonus pay plan of individual-level performance-based pay d. Gainsharing plan of team- and organization-level performance-based pay
Why do some companies use computer file notations at the end of a document?
a. To show who typed the document. b. To show the location of the document on the computer network. c. To provide more information about the recipient. d. To provide more information about the author of the document.
Which of the following is (are) input(s) to manufacturing planning and control?
A) product description B) available facilities C) process description D) quantities to be produced E) All of the above are inputs.