Question

23) This payoff matrix gives potential dollar gain values in thous S1, $2, S3, and S4 for Sam's Pizza and competitive strategies CAI, ca2 egies CA3 for Pam's Pizza. If Sam chooses $4, how is he feeling about the busi climate? ut the business I. CAI CA2 CA3 13 Si S2 17 12 31 20 29 12 21 A) Sam is feling optimistic because he has chosen a maximize strategy B) Sam is feeling pessimistic because he has chosen a maximum strategy. C) Sam is feeling optimistic because he has chosen a maximum strategy. D) Sam is feeling pessimistic because he has chosen a maximize strategy. 24) Which of the following best defines regret in a payoff matrix? A) Regret refers to the difference of the sum of the values in a chosen strategy B) Regret refers to the difference of the sum of the values in a chosen strategy C) Regret refers to the sum total of the sum of the values in a chosen strategy D) Regret refers to the extra amount of money that could have been made had and the sum of the best strategy. and the sum of the worst strategy. and the sum of the best strategy. the person chosen a different strategy. 25) When did global trade first make its appearance? A) in the late 1980s and early 1990s B) in the 21st century C) several centuries ago D) during the Bronze age 26) Joint ventures are a type of A) license B) franchise C) foreign subsidiary D) strategic alliance 27) A country with a high uncertainty avoidance A) is highly structured and depends on rules and social institutions to cope with uncertainty B) is highly structured and does not depend on rules and social institutions to cope with uncertainty C) has no rules D) has no structure or social institutions

Answer 1

Answer:

23) If Sam chooses S4:

C) Sam is feeling optimistic because he has chosen a maximum strategy

24) Regret in a payoff matrix defines as :

A) Regret refers to the difference of the sum of the values in a chosen strategy and the sum of the best strategy

25) global trade first made its appearance in

D) during the Bronze age

26) joint venture are a type of :

D) Strategic alliance

27) A country with a high uncertainty avoidance is

A) is highly structured and depends on rules and social institutions to cope with uncertainty