D) The public pressures the organization to conduct social responsibility activities.
E) The union members of the organization declare a strike to demand a hike in salaries.
Lisa is trying to decide on the location of her entrepreneurial venture€Flower Power, a
specialty wedding flower service. She has three possible locations (A, B, C) in mind.
Lisa has projected that in the first year of operation, under ideal conditions, her
company would generate $80,000 at Location A, $55,000 at Location B, and $45,000 at
Location C. However, after further analysis, Lisa has determined that there is only a 20
percent chance of ideal conditions occurring during the first year of operation in
Location A. Locations B and C have a .4 and a .8 probability, respectively, for ideal
conditions during the first year of operations. Based on this information, the expected
value for Location A is ________, while for Location B it is ________.
A) $400,000; $137,500
B) $16,000; $22,000
C) $64,000; $33,000
D) $96,000; $77,000
E) $320,000; $82,500
In terms of personal attitudes and values, responsible managers ________.
A) perform tasks that offer immediate rewards
B) always prioritize their subordinates’ needs above everything else