Author Question: In large companies it is often the case that A) bureaucracy compliments performance. B) profits ... (Read 61 times)

justinmsk

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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

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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.



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