Critically examine the maximax criteria for decision making under uncertainty<br>

Which piece of information in the sales contract does not help the parties specify exactly which property is being purchased?

Kisachek [45]

The contract piece of information in the sales contract does not help the parties specify exactly which property is being purchased.

As explained above, the sales contract should include buyer and seller information, legal description of the property, closing date, down payment amount, contingencies, and other important information about the sale. The essential elements of a sales contract are: (b) identify the subject; (c) prize money or its equivalent;

As a general rule, the full sales contract clause should state that the written contract constitutes the entire agreement between the parties. The clause must also state that the contract supersedes any previous agreements between the parties.

Learn more about sales contracts at

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5 0

1 year ago

The VP of Marketing directs you to begin looking at markets for Powerfully Fit's products: "Assuming that we focus on the desire

yawa3891 [41]

Options:

a) Gym Newbie: This largest market is new to fitness and working out. Gym newbies work out once a week and are price sensitive about their fitness spending.

b) Weekend Warriors: This large market works out 2-3 times a week and mixes up running with gym time. Weekend warriors typically purchase mid-level shoes and apparel and use a fitness app on their phone to track their workouts.

c) Marathon Madness: This mid-size market works out daily. Workouts often include long distance runs. Quality, durable products are attractive to this market, and marathoners are willing to pay premium prices to get the latest tech.

Answer:

C)

Explanation:

The VP of Marketing has directed you to search for a target market that values fitness technology functionality and are willing to pay for it. Gym newbies and weekend warriors might value the functionality but can get similar products at a lower costs since their needs are very basic.

You need people that workout constantly and for long periods of time. This type of clients really need high quality and durable products, so they are willing to pay for them. These guys and girls are not going to go around running and watching their cellphones, they are trying to improve their performance, not to worsen it. They are constantly looking for ways to be better athletes and train harder, and any help they can get is very valuable for them.

4 0

3 years ago

Think of three example from your own experience, and explain how they demonstrate the concept of diminishing marginal utility.

rewona [7]

Examples:
1.) Having a stain on your rug there's only so much you can get out before your damaging your rug with cleaner

2.) Babysitting and having the child miss there mom, there's only so much you can do to try to calm him/her down

3.) Watering plants, if you haven't watered plant in a long time so you give them extra water, if you keep giving the plant extra water it will eventually drown and die.

6 0

3 years ago

1. Jesse wants to see a structure chart. She said to use program modules based on the processes we identified earlier. She wants

Roman55 [17]

Answer:

See the explanation for the answer

Explanation:

1. Find attached of the structure chart.

2. The first phase in the unit test plan includes testing each data entry program or feature using both true and invalid data and testing each system-generated document. The next step will be the evaluation of integration. It is important to compare and check programs or functions that create or modify flies used by other programs with those other programs or functions that create or modify flies used by other programs. This would involve testing of all relationships and multi-table queries in the database environment. Ultimately, all software and all system support features, including backup and recovery procedures, must be checked together in a system check.

3.

TO: SCR Support Staff and Users

FROM: [Student name]

SUBJECT: Installation of TIMS

We need to agree on an installation plan as the deadline for implementation of TIMS approaches.

Jill Martin and I will provide practical training to all members of the SCR team who will help the TIMS campaign. We will also work with the Systems Group to move our current test environment into the operating environment. This task will include conversion of data, loading of live data and installing the system on workstations of the client.

All system functions performed in the test environment have been successfully executed, so we are looking for a smooth change in phase operation.

Make sure your email is reviewed multiple times a day. The training schedule will be posted later this week, and if there are conflicts with your assigned training times, I will need to know immediately. It's about to start the grand final.

TOPICS TRAINING METHODS

Introduction of system and Tutorials

overview of objectives.

Startup, log-in, and shut User manual

down procedures

System options and commands Group training

System error messages Demonstrations and discussions

Screen details Hands-on experience

System output Question and answer session

Explanation of system reports, Review a list of FAQ

summaries, etc.

4.

Changing the TIMS system presents some problems. Since the new system is aimed at a single location with multiple activities and functions, it may not be attractive for the phased and pilot operation. Parallel operation is possible, using current data to test the new system for some period of time before the new center becomes operational. Even this method would be less than ideal because the new system is closely integrated with all training activities, records and reports.

Although SCR did lesser-scale training, the new training center is essentially a start-up operation. A form of direct cutover is often the only alternative in this type of situation. Using test data and extensive system testing, users and developers can raise the level of trust to an acceptable point. First, it is necessary to convert all existing data, load it into the new system and use it as test data. In case of system problems, all source documents should be retained and all procedures for hardware, backup and disaster recovery should be thoroughly tested.

5 0

3 years ago

What do individual shareholders gain when they buy shares of a company’s stock?

evablogger [386]

<span>Individual shareholders will have the right to receive dividends declared. They can sell their shares and have the right to purchase issued shares. They can vote on the directors nominated by the board. They also have the right to the remaining assets after liquidation. </span>

8 0

2 years ago

Critically examine the maximax criteria for decision making under uncertainty ​

Critically examine the maximax criteria for decision making under uncertainty