Answer:
Explanation:
Synergy's Choices Large Budget Small Budget Dynaco's Choices Large Budget $20 million, $25 million $15 million, $0 Small Budget $0, $60 million $25 million, $30 million If Synergy assumes
If Synergy presumes Dynaco will opt for a large budget, then Synergy should also select a large budget.
If Synergy thinks Dynaco will choose a small budget, Synergy should still go for a large budget.
This indicates that Synergy indeed has a dominant strategy.
If Dynaco believes Synergy will pursue a large budget, it will likewise pursue a large budget.
Conversely, if Dynaco believes that Synergy will choose a small budget, it will choose a small budget as well.
Therefore, Dynaco lacks a dominant strategy.
Correctly stated, the Nash equilibrium is found at (large budget, large budget).
The answer is D because being in a flood could damage your vehicle.
Answer:
Explanation:
The one-year forward rate for year 2 is as follows:
(1+4.75%)(1+f)=(1+4.95%)^2
(1+4.75%)(1+f)=1.10145025
(1+F)=1.10145025/1.0475
(1+f)=1.0515
f= 5.15%
The one-year forward rate for year 3 is calculated as:
(1+4.95%)^2 (1+f)=(1+5.25%)^3
(1+4.95%)^2 (1+f)=1.16591345312
(1+f)=1.16591345312
/1.10145025
(1+f)=1.0585
f=5.85%
For the one-year forward rate for year 4:
(1+5.25%)^3 (1+f)=(1+5.65%)^4
(1+f)=1.0685
f= 6.85%
Answer:
The correct choice is option b) indicates that the strength of the five forces remains constant across various strategic groups.
Explanation:
Initially, a strategic group can be described as a classification used in strategic management wherein companies within an industry are categorized based on similar business models or strategies.
Option a) is true in that the strength of the five forces will vary among different strategic groups.
Option b) is false since it is unreasonable to expect the strength of the five forces to be uniform across all strategic groups.
Option c) accurately states that competitive rivalry among companies within the same group is significantly more intense compared to the competition existing between strategic groups. This occurs because firms in the same strategic group operate under similar business models and compete directly with one another.
Option d) is also true, as the closer strategic groups are in terms of their strategies, the higher the chances of competition arising between them due to direct confrontation in the market.
