Answer:
1. Payoff matrix : Strategic form
2. Game tree format : Extensive form
3. A junction on a game tree : Decision nodes
4. One of the final outcomes of a game tree : Terminal nodes
5. Divides the overall game tree into nested subgames before working backward from right to left : Backward induction
6. A mini-game within the overall game : Subgame
7. The process of backward induction that relies on both firms having perfect information about the decisions made in each subgame : Nash equilibrium.
Explanation:
Payoff matrix is the technique for decision making where goals are dependent on interaction with others. Nash equilibrium is a strategy in which every firm tries to choose best possible outcome keeping in view the decisions of other firms.
Answer: All of these are correct
Explanation:
Some of the the actions that businesses should take to improve trust in themselves and their brands are conducting advertising campaigns to tell why they should be trusted and also aligning their business mission with the social good.
Consumers love purchasing a product that they can trust and has a well respected brand. When the people realize that the objectives of the company align with the social good and the brand is socially responsible and looks out for them, such brands will be trusted.
Answer:
18%
Explanation:
The computation of the average rate of return is shown below:
The average of annual income is
= $936,000 ÷ 8 years
= $117,000
And, the average investment is
= ($1,200,000 + $100,000) ÷ 2
= $650,000
Now the average rate of return is
= $117,000 ÷ $650,000
= 18%
1 Disciplinary Action & Termination of Employment August 23, 2015 August 23, 2015
2 Human Resource Management in Current Perspective September 22, 2014 September 23, 2014
3 Disciplinary Action & Termination of Employment March 09, 2014 March 09, 2014
4 Misconduct & Disciplinary Action September 22, 2013 September 22, 2013
5 Hiring and Termination Practice in Denmark August 30, 2013 August 30, 2013
6 Information sharing on "Hiring and Termination Practice in Denmark". May 31, 2013 May 31, 2013
7 Designing Human Resource Systems November 04, 2012 November 05, 2012
8 Marketing Skills Training July 19, 2012 July 20, 2012
9 Training on Negotiation Skills December 29, 2011 December 30, 2011
10 Enhancing Supervisory and Leadership Skills - - (sorry that’s all I got) :(
Answer:
Net Income 180,000
Explanation:
The net income will be calculate by subtracting the expenses from the sales revenue of the firm
Sales revenue 500,000
Cost of goods sold (200,000)
Gross Profit 300,000
Operating expenses
Supplies expense (20,000)
Wages expense (100,000)
Net Income 180,000
