Answer and Explanation:
a. They will visit the local restaurant and the job candidate will choose to have salad as an order. Please check the attachment I added for the other parts of the answer.
b. The interviewer would make a choice and choose local restaurant. Based on this choice, the job candidate will choose salad. If the interviewer should choose chain restaurant, the job candidate will choose steak
C. Strategy
The interviewer:
S = {chain,local}
Job candidate:
S = {(steak, salad} multiplied by {steak, salad}
= {(Steak steak), (steak salad), (salad, steak), (salad,salad)}
Thinking summarizes the operating, financing and investing activities of an entity
Answer:
200
Explanation:
Base on the scenario been described in the question, the position required if the portfolio has a beta 1 is been calculated as follows .
number of contracts required is
Number of contract =10,000,000/(500×100)
Number of contract =10,000,000/50,000
Number of contract =200.
A long put position is needed because the contracts must provide a positive payoff when the market reduces.
$3.20
Take the total sales divided by total customers.
Sales of hotdogs 40* $2 = $80
of grilled cheese 10* $5 = $50
of cheeseburgers 5 * $6 = $30
Total sales $160/50 customer = $3.20/per customer
Answer:
When any company wants to sale their product without prior knowledge of the market then it's a disaster.
First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.
