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A pharmaceutical company is in the process of developing a new drug. The development is planned in two stages. The first stage costs one million dollars, and the second stage costs two million dollars. If the development is successful it will result in revenues of five million dollars. All dollars are in present value, and discounting is not necessary. The chance of successful development is 72%. If the development effort is a failure, there would be no revenue, and all the investment will be a loss. The company has the option not to develop the new drug.
Draw a decision tree to model this problem. Solve the problem by rolling back the tree.
The company has the option of conducting a test at the end of the first phase, at a cost of $250,000. There is an 80% chance that the drug passes the test, and a 20% chance that the drug fails the test. If the drug passes the test there is a 90% chance that it will be a success and a 10% chance it will be a failure. Draw a decision tree including the test option. Solve the decision tree by rolling back the tree.
Compare the results for 1 and 2, and debate if testing improves the company's decision-making ability.
Describe the impact internal corporate governance has on top-level management's strategic decision making.
According to Maslow, these workers are motivated to satisfy which of his hierarchy of needs? A. B. C. D. self-actualization needs social needs safety needs physiological needs
Biopure Corp. is developing a human blood substitute called Hemopure-Which product characteristic influencing the rate of adoption does this represent?
leadership of the organization made in making their decision
managerial leadership behaviour, importance of organisational culture for effectual organisational performance, formal and the informal organisation, motivation for staff to work well
What type of leader is Barbara Walter's?
For this five page, double spaced position paper (APA format), you can select any topic that involves leadership, for example, "Does Leadership Really Make a Difference?". The following is a brief overview of what constitutes a 'position paper':
What role does the topic show on consumer behaviour.Examine how this advertising topic is implemented in a specific organization, selected from an article retrieved in the Ashford Online Library.
Focus on three of them that appear to be the most important in terms of producing leadership success that would be able to help from a career perspective.
How does quality in health care relate to ethics? In healthcare facility, is it possible to have "quality" without "ethics?"
Will there be enough organic food to satisfy the growing demand?
The diversity umbrella is supposed to include: men as well as women, everybody in an organization.
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