Solve and show solutions, Thanks. A manager has to decide whether to prepare a bid or not. It costs P5,000 to prepare the bid. If the bid is submitted, theprobability that the contract will be awarded is 50%. If the company is awarded the contract, it may earn an income of P100,000 ifit succeeds, or pay a fine of P8,000 if it fails. The probability of success is estimated to be 80%. Should the manager prepare thebid? Make a decision tree and state your decision.

Answered: A manager has to decide whether to…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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It is not Essay question, please help me answer it in your words ZeeHome took a new project, building a school, in a new geographical area. The company (ZeeHome) was designated as a consultant on the project with the main task of supervising the work of the contractor. To operate as a consultant, the senior engineers of ZeeHome needed to perform site inspection on a regular basis. ZeeHome management insisted on taking on the consultancy project without making sure that they have the capacity to fulfil their obligations. In fact, during that period, ZeeHome was overloaded and had eight other important projects under process and all ZeeHome senior engineers were already assigned tasks to their full capacity. Consequently, ZeeHome could not dispatch a team of senior engineers to proceed with the inspection visits on a regular basis. Moreover, the few inspection visits that have taken were made by fresh graduated engineers who were still under training. The school building was completed on…
Assume that an amazing job is offered to you by a campus to collect funds for the SZABIST’s sports program and you accepted that offer. You are now told to draft a fundraising letter. If you want to raise as much money as possible, would it be better if the text of that section mentioned that your business school is ranked among the best leading university in the nation in sports or that you are better than 99 percent of other businessschools at sports? Explain this behavior?
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. Select an overseas country of your choosing and assume that you are employed in the human resources department for a large company. The company has just reached an agreement to open a new sales office in this foreign country in order to better serve customers in that market.Although support personnel will be hired locally, three sales representatives from headquarters will be transferred to this office for a period of two years in order to get it “up and running.” The national sales manager has asked you to prepare a report outlining the intercultural communication issues that these sales reps likely will face.Your team will be required to research the business communication in this country and write a report to your Board of Directors that addresses the following that may play a role in impacting the success of these sales representatives in establishing an office in the country.1. Prevailing norms of communication2. Nonverbal communication, 3. High context and low context…
Alex, a fundraising manager at a non-profit organization, her responsibility is to: approach businesses, local authorities, trusts and individuals to secure funding. Moreover, organizing and helping with fundraising activities such as sponsored or promotional events. he has a Conscientiousness personality and had experienced a bad incident last year with the public relations manager of a banking company who had committed to sponsor a charity event and then backed out at the last minute. This year, when a renowned international bank’s manager showed interest in sponsoring the Organization’s upcoming annual event, Alex rejected their participation. he felt that banks have a casual approach toward charity events and it is risky to involve them in the event. What changed Alex’s attitude? Support your answer with a theory or an example. Does personality have any influence on Alex’s decision? Relate it to Big Five Model of Personality Dimension and explain how it predicts behavior.
Hello tutor can you please elaborate more the how question?
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Instructions: Please state each and every one of your points with suitable examples. Show clear use of all frameworks and processes. Use charts and diagrams whenever necessary and clearly demarcate every section of your answer: use bullets, enumerate, annotate, and ensure clarity of reasoning and legibility of handwriting. NamAn Boutique In late-year 2019 NamAn Boutique started its business of couture, fashions, and fashion accessories in Dhaka city. It was started by two graduates, Namia Mursalin and Anmol Ahmed. Namia had always been a style and fashion enthusiast and had a talent for design. While at university she had helped a few of her friends, including Anmol, with their design and fashion needs by creating exclusive non-commercial couture. Anmol had always been the one with the sales and management acumen and came from a more affluent family. She also had a more extensive network of friends. After graduation from the two forged a business compact and Anmol borrowed money…
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