Topic: Probability Goal: In your business planning, you will employ mathematics probability to increase your chances of success. You play the role of a tiny business owner who wants to expand into a much larger enterprise. You must write a written report and deliver it to the group on the most likely outcome(s) of the business you wish to start. The target audience is a group of small company owners who could be interested in partnering with you. Product: A written report on the business's likely results that will be given to the group. Success Criteria: The written report that will be provided must be... - Represents genuine business problems or patterns. - Persuasive, based on probability mathematics.
Topic: Probability Goal: In your business planning, you will employ mathematics probability to increase your chances of success. You play the role of a tiny business owner who wants to expand into a much larger enterprise. You must write a written report and deliver it to the group on the most likely outcome(s) of the business you wish to start. The target audience is a group of small company owners who could be interested in partnering with you. Product: A written report on the business's likely results that will be given to the group. Success Criteria: The written report that will be provided must be... - Represents genuine business problems or patterns. - Persuasive, based on probability mathematics.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 37P
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Topic: Probability
Goal: In your business planning, you will employ mathematics probability to increase your chances of success.
You play the role of a tiny business owner who wants to expand into a much larger enterprise. You must write a written report and deliver it to the group on the most likely outcome(s) of the business you wish to start.
The target audience is a group of small company owners who could be interested in partnering with you.
Product: A written report on the business's likely results that will be given to the group.
Success Criteria: The written report that will be provided must be...
- Represents genuine business problems or patterns. - Persuasive, based on probability mathematics.
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