Affirmative Action Commitments by Industrial Organizations Have Led to an Increase

question 105

Multiple Choice

Affirmative action commitments by industrial organizations have led to an increase in the number of women in executive positions. Satellite Office Systems has vacancies for two executives that it will fill from among four women and six men.
What is the probability that at least one woman is selected?

• A) 8/15
• B) 3/5
• C) 2/3
• D) 3/4
• E) None of the choices are correct

---

Definitions:

Sequential Entry

A market entry strategy where firms enter the market one after another, often in a deliberate order or sequence.

Marketing Rights

The permissions or licenses which a business or individual owns to market or sell a specific product, service, or intellectual property within a given territory.

Dominant Strategy

A dominant strategy is the best course of action for a player no matter what the other players do, in game theory and economic strategy.

Nash Equilibria

A concept in game theory where no player can benefit by changing strategies if others keep their strategies unchanged.