A Movie Executive Has to Decide to Fund a New

question 20

Multiple Choice

A movie executive has to decide to fund a new movie project.For this project,a success would earn $20 million and a failure would cost $60 in lost profits.At what probability of expected success should he fund the movie?

• A)0)20
• B)0)25
• C)0)50
• D)0)75

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Definitions:

Organization

A structured group of people with specific roles and responsibilities working towards common goals.

HRM Functions

Activities performed by the Human Resources department, including recruitment, selection, training, and employee relations.

Specific Activities

Particular tasks or operations that are carried out to achieve a goal or objective.

Human Resource Management

The strategic approach to the effective management of people in a company or organization in a way that helps the business gain a competitive advantage.