Events a and B Are Mutually Exclusive

question 45

Multiple Choice

Events A and B are mutually exclusive. Which of the following statements is also true?

• A) A and B are also independent.
• B) P(A ∪ B) = P(A)P(B)
• C) P(A ∪ B) = P(A) + P(B)
• D) P(A ∩ B) = P(A) + P(B)

Understand the rationale behind offering deep and wide assortments in a product portfolio.

Grasp the concept of geographic pricing and its application in business markets.

Recognize the evolving role of personal selling in modern marketing strategies.

Understand the implications of non-price competition strategies on market positioning.

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Definitions:

Underinvestment

The insufficient allocation of resources, typically financial, towards areas that could yield significant benefits or improvements.

Training

The process of teaching or learning a particular skill or behavior through practice and instruction.

Development

A process that involves growth, progress, or positive change, often in a personal, professional, or organizational context.

Cultural Sensitivity Training

Training designed to increase awareness and competence in interacting with people from diverse cultural backgrounds, to improve communications and reduce misunderstandings.