List the Outcomes Comprising the Specified Event $\mathrm { A }$

question 41

Multiple Choice

List the outcomes comprising the specified event.
-In a competition, two people will be selected from four finalists to receive the first and second prizes. The prize winners will be selected by drawing names from a hat. The names of the four
Finalists are Jim, George, Helen, and Maggie. The possible outcomes can be represented as follows.
JG JH JM GJ GH GM
HJ HG HM MJ MG MH
Here, for example, JG represents the outcome that Jim receives the first prize and George receives the second prize. The event $\mathrm { A }$ is defined as follows.
$\mathrm { A } =$ event that Helen gets first prize
List the outcomes that comprise the event (not A) .

• A)JG, JH, JM, GJ, GH, GM, MJ
• B) HJ, HG, HM
• C) \(\mathrm { JG } , \mathrm { JM } , \mathrm { GJ } , \mathrm { GM } , \mathrm { MJ } , \mathrm { MG }\)
• D) JG, JH, JM, GJ, GH, GM, MJ, MG, MH

Acknowledge that strategy formulation and execution involve all levels of management.

Comprehend the principles of strategic farsightedness and its impact on management.

Understand the concepts of synergy and its types within organizational strategy.

Familiarize with Porter's models of competitive strategies and their implications for organizational success.

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Definitions:

Express Agreement

A contract wherein the terms and conditions are stated clearly and explicitly by the parties involved.

Implied Agreement

A contract formed by actions of the parties that indicate a mutual intent to agree, rather than through written or spoken words.

Partnership Term

The duration or length of time during which a partnership agreement is effective or operational.

Personal Debts

Financial obligations or amounts owed by individuals as opposed to businesses or governments.