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One local hospital has just enough space and funds currently available to start either a cancer or heart research lab. If administration decides on the cancer lab, there is a 20 percent chance of getting $100,000 in outside funding from the American Cancer Society next year, and an 80 percent chance of getting nothing. If the cancer research lab is funded the first year, no additional outside funding will be available the second year. However, if it is not funded the first year, then management estimates the chances are 50 percent it will get $100,000 the following year, and 50 percent that it will get nothing again. If, however, the hospital's management decides to go with the heart lab, then there is a 50 percent chance of getting $50,000 in outside funding from the American Heart Association the first year and a 50 percent change of getting nothing. If the heart lab is funded the first year, management estimates a 40 percent chance of getting another $50,000 and a 60 percent chance of getting nothing additional the second year. If it is not funded the first year, then management estimates a 60 percent chance for getting $50,000 and a 40 percent chance for getting nothing in the following year. For both the cancer and heart research labs, no further possible funding is anticipated beyond the first two years.
What would be the total payoff if the heart lab were funded in both the first and second years?
Bushwood Supermarkets is a major food retailer in the Philadelphia area. The chain has over 60 stores that receive merchandise from their Scranton, Pennsylvania warehouse.
On which contract were the workers more productive? What is the percentage difference of productivity between the two contracts?
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams). The output of the machine that fills the bar molds is approximately normal with a mean of 340 grams and a standard deviation of 1.5 grams..
Evaluate each company's approach to ethics and social responsibility and the impact those approaches have had on each company's profitability.
Models of the AS IS Process and the TO BE Process. In the textbook, on pages 63-67, several different methods of modeling business processes are illustrated.
Under what environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company?
There have been complaints that the sports page of the Dubuque Register has lots of types. The last 6 days have been examined carefully and the number of typos/page is recorded below. Is the process in control using
Cortland want to sue Chandler in tort. Would you recommend that is claim is one for an intentional tort or negligence, and why? Which specific tort do you believe Cortland should pursue.
What is lost when no feedback is required?
How are assertiveness and cooperativeness related to each of the five basic direct conflict management approaches?
You are the project manager for a new multi-million dollar building renovation for your organization. The company needs to maximize the space that they have and the best approach is to do a staggered build out in order to better maximize the space in..
Read the entrepreneur's dilemma and the questions that follow. Identify the legal issue(s) and apply legal concepts and possible arguments for each question.
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