Use the Data Given Below to Answer the Following Question(s)

question 14

Multiple Choice

Use the data given below to answer the following question(s)
Below is the spreadsheet for demand prediction of a company that sells chocolates. $$\begin{array} { | l | l | l | l | } \hline & \text { A } & \text { B } & \text { C } \\\hline 1 & \text { Demand Prediction } & & \\& \text { Models } & & \\\hline 2 & & & \\\hline 3 & \text { Linear Model } & & \\\hline 4 & \text { A } & 10,000 & \\\hline 5 & \text { B } & 10 & \\\hline 6 & & & \\\hline 7 & \text { Price } & \text { Demand } & \\\hline 8 & \$ 50 & 9,500 & \\\hline 9 & \$ 55 & 9,450 & \\\hline 10 & \$ 45 & 9,550 & \\\hline 11 & & & \\\hline\end{array}$$
-Given that D = a-bP, where D, is demand, "a" and "b," are linear constants, and P, is price, from the below spreadsheet, how will the formula in B9 be represented in Excel using relative addressing?

• A) B4-B5*A9
• B) C5-C6*A10
• C) B4-B5*A10
• D) B5-B6*A10

Understand the concept of bargaining impasse and its consequences.

Differentiate between various dispute resolution mechanisms like arbitration, fact-finding, and med-arb.

Recognize the legal and practical aspects of strike actions.

Identify factors influencing the effectiveness of dispute resolution systems.

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Definitions:

DVDs

Digital Versatile Discs, storage media used for movies, data, and software.

Tolerance for Ambiguity

The degree to which an individual is comfortable with uncertainty, complexity, and situations where clear information or definitive outcomes are not available.

Internal Locus

The psychological concept referring to individuals who believe they have control over the outcomes of their actions and events in their lives.

Guarantee Financial

A commitment by one party to assume responsibility for fulfilling a financial obligation or repaying a debt in the event of default by the primary debtor.