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A local microbrewery believes it produces the best tasting dark beer in town. To make its case, seven volunteers are asked to participate in a beer tasting contest. Each volunteer is asked to taste 5 dark beers and to pick the one he/she prefers. Of the 5 dark beers, one is microbrewery's and the other 4 are national favorites. What is the probability that all 7 volunteers pick the microbrewery's beer? Assume there is no taste preference for any of the beers and that chance alone determines each selection.
Formal Structures
The officially designated arrangement of roles, responsibilities, communication, and hierarchy within an organization.
Product Departmentalization
The organization of jobs in relation to the products of the firm.
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