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What is the difference between trade license and company registration certificate?
Wiki User
∙ 10y ago
a company are considering the lunch a new product the Gamma Varions prior estimates the outcomes have been made as follows and expected values calculated
market state probability profit/loss expected value
Good 0.2 60,000 12,000
Average 06 40,000 24,000
Bad 0.2 40,000 8,000
in order to have more information on which to base their Decision the management are considering whether to commission a market research survey at a cost of 1000. market state Good Average Bad
Good 60% 30% -
Average 40% 50% 10%
Bad - 20% 90%
Wiki User
∙ 10y ago
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