Using the direct strategy is occasionally more effective in certain situations where you must deliver bad news. Which of the following situation WOULD BE appropriate for this direct strategy? 00 When bad news is personally upsetting, it is always appropriate to use the direct strategy. Use the direct strategy if the bad news could threaten personal relationships. Deliver critical messages that might create a hostile reaction, such as changes in service, legal announcements, or new policy requirements, using the direct strategy. When some organizational cultures, and even some people, expect that all internal messages and announcements, even bad news, to be presented in a straightforward way, starting with the bad news first. If the bad news is something significant that will personally affect the receiver, then the direct strategy makes sense.

1. What is the definition of Strategy? Why is it important? 2. What are the strategic planning processes seven (7) steps? 3. What are the strategic planning processes important? 4. What NEGATIVE impact can no strategic planning have on any business?

Problem: Imagine you have two competing athletes who have the option to use an illegal and dangerous drug to enhance their performance (i.e., dope). If neither athlete dopes, then neither gain an advantage. If only one dopes, then that athlete gains a massive advantage over their competitor, reduced by the medical and legal risks of doping (the athletes believe the advantage over their competitor outweighs the risks from doping ). However, if both athletes dope, the advantages cancel out, and only the risks remain, putting them both in a worse position than if neither had been doping. What outcome do we expect from these two athletes?   Please use ideas like concepts of monopolies, Oligopolies and Game Theory and Factor markets for this scenario.

QUESTION 8 Kelly and Shawn are both looking to sell their own car. Both cars are exactly the same and are in good condition. However, Kelly's car has a road worthy certificate whereas Shawn's car does not. Select the item from the list provided to make the following statements true. ✓ Kelly's car's road worthy certificate signals to buyers that the car 1. adverse selection is safe and functioning properly. This is an example of 2. trust ✓ A buyer will have to rely on such signal because of ✓ Kelly asked her brother, Thomas to help her sell her car instead. Kelly intends to sell the car for $12,000 in one months time and will give $1,000 to Thomas as commission. However, Thomas proceed to wait for 3 month so that he could sell the car for $13,000 and take in the extra cash for himself. This is an example of 3. asymmetric information 4. marginal benefit 5. principal-agent problem 6. expected value 7. risk loving 8. costly to fake principle 9. risk neutral 10, moral hazard 11, marginal…

Betting on Events Suppose there is a 75% chance of rain tomorrow. You are offered a "contract" that will pay you $1 if it rains tomorrow and $0 if it doesn't. Suppose there is a 75% chance of rain tomorrow. You are offered a "contract" that will pay you $1 if it rains tomorrow and $0 if it doesn't. Question 4 What is the expected (average) value of the contract's payout in dollars?

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You are the CEO of British Petroleum (BP), one of the world’s largest oil companies. You are looking to start significant offshore drilling in the Gulf of Mexico. Name 2 potential hazards that could turn into risks and a strategy for each potential risk.

Choice under uncertainty. Consider a coin-toss game in which the player gets $30 if they win, and $5 if they lose. The probability of winning is 50%. (a) Alan is (just) willing to pay $15 to play this game. What is Alan’s attitude to risk? Show your work.(b) Assume a market with many identical Alans, who are all forced to pay $15 to play this coin-toss game. An insurer offers an insurance policy to protect the Alans from the risk. What would be the fair (zero profit) premium on this policy?   i need help with question B please.

A strategy is called a pure strategy if it involves choosing ________. a. an action that yields a higher payoff to the opponent b. one particular action for a situation c. an action that yields a zero payoff to the player d. different combinations of actions for a situation

2. In this question, your goal will be to understand whether learning in games is always valuable for players. Consider the following incomplete-information game. First, nature chooses between one of the following two A and B tables, each with probability 0.5: A L R B L R U 0,0 6,-3 U-20,-20 -7,-16 D -3,6 5,5 D -16,-7 -5,-5 Then, players 1 and 2 simultaneously choose U or D and L or R, respectively, and obtain payoffs according to the table chosen by nature. Parts I-III present variations of this game under different assumptions about what players know about nature's move.