​Use the Following Information for Question

question 27

Multiple Choice

​Use the following information for question
Transcendent Technologies is deciding between developing a complicated thought-activated software,or a simple voice-activated software.Since the thought-activated software is complicated,it only has a 30% chance of actually going through to a successful launch,but would generate revenues of $50million if launched.The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million.The complicated technology costs 10million,whereas the simple technology costs 2million.
-​If the firm can only afford developing one of the software,which one would it rather develop (based on expected profit/gain)

• A)​The simple voice-activated software
• B)The complicated thought-activated software
• C)Neither of the software
• D)​Need more information

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Definitions:

Correct Meaning

A rephrased explanation or interpretation of a word, phrase, or concept that is accurate or true.

Growth Hormone

A hormone produced by the pituitary gland that stimulates growth, cell reproduction, and regeneration in humans and other animals.

Correct Abbreviation

The approved or standard shortening of words or phrases, particularly in professional or academic contexts to ensure clarity and uniformity.

FBS

Fasting blood sugar; a test measuring the glucose levels in blood after a period of fasting to assess for diabetes or pre-diabetes.