Author Question: In large companies it is often the case that A) bureaucracy compliments performance. B) profits ... (Read 30 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
In large companies it is often the case that
 A) bureaucracy compliments performance.
  B) profits increase with market share.
  C) bureaucracy overwhelms performance.
  D) revenues increase faster than costs.

Question 2

Suppose Player X's probability of winning a gamble is 0.8 while that of Player Y is 0.5 . Which of the two will be willing to pay for a test and why?



xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

The player who has a lower probability of success will be more likely to opt for a tester to assure himself of a higher return. The test would help to reduce his uncertainty about the outcomes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

For a complete list of videos, visit our video library