The answer is Sullivan Principles. General Motors embraced what came to be named as Sullivan principles. This is name after Leon Sullivan which is also a member of GM's Board of Directors. Sullivan contended that it was morally right for GM to function in South Africa so long as two circumstances were satisfied. First, the company should not follow the apartheid laws in its own South African operations. Second, the firm should do all within its power to endorse the elimination of apartheid laws.
Explanation:
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Some potential economic consequences that Richard did not consider before making his decision are:
- The cost of maintenance for used trucks.
- The cost of gasoline from the town to the nearest city.
- The location of the places that goods will be transported to and from.
<h3>What are economic considerations?</h3>
These are the factors that will affect the profitability and viability of a business.
In Richard's case, he needed to have considered various costs such as the higher cost of maintaining used trucks and the cost of gasoline that he will incur for living so far from big cities.
He also needs to consider the distance his trucks will have to travel to pick up good and deliver them.
Find out more on economic considerations at brainly.com/question/13721949.
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Answer: The answers are provided below.
Explanation:
1. A payoff matrix is a table whereby strategies of one player are listed in the rows and the strategies of the other player is listed in the columns while the cells show the payoffs to each player in such a way that the payoff of the row player is first listed.
The payoff matrix for this game has been attached.
2. In game theory, a strategic dominance occurs when a strategy is better than the strategy of another player. In this scenario, even does not have a dominant strategy because both strategies are providing equal payoffs for the pure strategy.
Answer:
Market segmentation
Explanation:
Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.
