Sixty percent of all vehicles examined at a certain emissions inspection station pass the inspection. Assuming that successive vehicles pass or fail independently of one another, calculate the following probabilities. a) all of the next three vehicles inspected pass b) P(at least one of the net three inspected fails) c) P(exactly one of the next three inspected passes) d) P(at most one of he next three vehicles inspected passes.) e) Given that at least one of the next three vehicles passes inspection. What is the probability that all three pass (a conditional probability)?

## Sixty percent of all vehicles examined at a certain emissions inspection station pass the inspection. Assuming that successive vehicles pass or fail independently of one another, calculate the following probabilities. a) all of the next three vehicles inspected pass b) P(at least one of the net three inspected fails) c) P(exactly one of the next three inspected passes) d) P(at most one of he next three vehicles inspected passes.) e) Given that at least one of the next three vehicles passes inspection. What is the probability that all three pass (a conditional probability)?

A customer-focused business can build customer value and loyalty by: Answers: Making a loyal customer feel special with website personalization Letting customers check order history and delivery status Letting customers place orders directly or through distribution partners All of the choices are correct

## A customer-focused business can build customer value and loyalty by: Answers: Making a loyal customer feel special with website personalization Letting customers check order history and delivery status Letting customers place orders directly or through distribution partners All of the choices are correct

A customer-focused business can build customer value and loyalty by: … Read More...
Your text outlines five basic competitive strategies that a company can use to counter the threats of competitive forces that shape the structure of competition in its industry. Expanding a company’s product offering into global markets is an example of a(n): Answers: Cost leadership strategy Differentiation strategy Alliance strategy Growth strategy

## Your text outlines five basic competitive strategies that a company can use to counter the threats of competitive forces that shape the structure of competition in its industry. Expanding a company’s product offering into global markets is an example of a(n): Answers: Cost leadership strategy Differentiation strategy Alliance strategy Growth strategy

Your text outlines five basic competitive strategies that a company … Read More...
Which one of the following is NOT one of the basic competitive strategies discussed in the text? Answers: Cost leadership Innovation Product differentiation Strategic dominance

## Which one of the following is NOT one of the basic competitive strategies discussed in the text? Answers: Cost leadership Innovation Product differentiation Strategic dominance

Which one of the following is NOT one of the … Read More...
Business process engineering includes: Answers: Bottom-up participation Short time requirements Improved new versions of current processes Radical levels of change

## Business process engineering includes: Answers: Bottom-up participation Short time requirements Improved new versions of current processes Radical levels of change

Virtual companies typically: Answers: Put substantial resources into information technology to support the goal of being a virtual company Is seen as an objective that will save a company a tremendous amount of resources in new office and manufacturing construction expenses Merely a theoretical term used by management to see what aspects of collaboration via electronic means they should seek to utilize Form virtual workgroups and alliances with business partners that are interlinked by the Internet, intranets and extranets

## Virtual companies typically: Answers: Put substantial resources into information technology to support the goal of being a virtual company Is seen as an objective that will save a company a tremendous amount of resources in new office and manufacturing construction expenses Merely a theoretical term used by management to see what aspects of collaboration via electronic means they should seek to utilize Form virtual workgroups and alliances with business partners that are interlinked by the Internet, intranets and extranets

An agile company: Answers: Markets vast quantities of standardized products Supports mass customization by offering individualized products while maintaining high volumes of production Waits until competitors have brought a new product to market to decrease potential losses None of the choices are correct

## An agile company: Answers: Markets vast quantities of standardized products Supports mass customization by offering individualized products while maintaining high volumes of production Waits until competitors have brought a new product to market to decrease potential losses None of the choices are correct

Your text outlines five competitive forces that shape the structure of competition in an industry. Which one of the following is one of the five basic competitive forces discussed in your text? Answers: The bargaining power of suppliers Barriers to entry Competitive necessity Competitive advantage

## Your text outlines five competitive forces that shape the structure of competition in an industry. Which one of the following is one of the five basic competitive forces discussed in your text? Answers: The bargaining power of suppliers Barriers to entry Competitive necessity Competitive advantage

Your text outlines five competitive forces that shape the structure … Read More...
• Question 3 Which of the following is a primary business process? Answers: Collaborative workflow intranet Targeted marketing Technology development Procurement of resources

## • Question 3 Which of the following is a primary business process? Answers: Collaborative workflow intranet Targeted marketing Technology development Procurement of resources

Question 3   Which of the following is a primary … Read More...
_______________ agility is the ability to co-opt customers in the exploitation of innovation opportunities. Answers: Customer Partnering Operational Technological

## _______________ agility is the ability to co-opt customers in the exploitation of innovation opportunities. Answers: Customer Partnering Operational Technological

_______________ agility is the ability to co-opt customers in the … Read More...