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What is one strategy that a business can use to sustain profitability?

One strategy that businesses use to remain profitable is green marketing.


Which strategy requires a company to concentrate its efforts in one or more narrow segments instead of broad based strategy?

focus


How can one determine the mixed strategy Nash equilibrium in a game?

To determine the mixed strategy Nash equilibrium in a game, one must calculate the probabilities that each player will choose their strategies. This involves finding the best response for each player given the probabilities of the other player's strategies. The mixed strategy Nash equilibrium occurs when no player can improve their outcome by changing their strategy, given the probabilities of the other player's strategies.


What is a dominant strategy?

In game theory, a dominant strategy is one where regardless of what the other player does, you always have a larger payoff. In probability a dominant strategy is the one with the higher likelihood of winning. For example, if you have 30% red M&Ms, 70% yellow M&Ms coming out of a tube, the dominant strategy will be to always guess yellow. (Probability matching, which most adults use is guessing 30% of the time red, and the rest yellow). An every day example would be two work routes- one that is 80% of the time traffic jammed, and the other which is only 10% of the time traffic jammed. You will always prefer the second route- despite the small probability that the first route is better.


How can one determine the Nash equilibrium in a strategic game?

To determine the Nash equilibrium in a strategic game, one must identify the strategy for each player where no player can benefit by changing their strategy while the other players' strategies remain unchanged. This equilibrium is reached when each player's strategy is the best response to the strategies chosen by the other players.

Related Questions

How can one effectively create an exit strategy for their business or investment?

To create an effective exit strategy for a business or investment, one should consider factors such as setting clear goals, understanding market conditions, evaluating potential buyers or exit options, and planning for contingencies. It is important to seek professional advice and regularly review and adjust the strategy as needed to ensure a successful exit.


Do geckos die when their tail falls off?

no geckos do not die when there tail falls of it is a defense strategy to defend against predators. Most species will grow a new one back.


Where are the riddles in hands of war 2?

The first one is to left of the exit of area 1. The second one is below the exit of area 2. The third one is above the exit of area 3. The forth one is two the right of the exit of area 4.


What is collective security?

The strategy by which nations (states) agree not to attack each other and to join in defending against any agressor. The U.N. is an example of an attempt at establishing collective security.nations agreeing to defend one another from attacks


What is forex trading strategy like?

Forex trading strategy is all about foreign exchange of curriences all around the world...Forigen exchange purpose is about the international trading by converting one currenct to another(much more benifical to people who invest money in it).


What are the gainesville fl exit numbers from I75?

Exit 384 is one of them. I think that is Archer.


What are the possible hindrances to pursuing such a strategy?

One hinderance is the fact that whatever strategy you thought of will be replaced by a better strategy tomorrow.


Is stability really a strategy or just a term for no strategy?

When one talks about strategy, it implies growth. Stability is necessary for growth, but without a growth strategy can lead to stagnation.


What is one strategy that a business can use to sustain profitability?

One strategy that businesses use to remain profitable is green marketing.


Where can you learn about company risk strategy?

One can learn about company risk strategy online at various websites. One can learn about risk strategy at websites such as Risk Strategies Company and ENISA.


Where can one purchase lighted exit signs?

If one is looking to purchase lighter exit signs the best place to go is the online website Amazon. Amazon features many different lighted exit signs.


What is the linker?

linker is a subprogram,its written by one user and one source code file will exit. linker is a subprogram,its written by one user and one source code file will exit.