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Suppose That Your University Creates a Position of Vice President

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Essay

Suppose that your university creates a position of vice president for marketing and promotes your professor to the position. What activities will the new vice president of marketing probably be involved in? Be specific.


Definitions:

Ranking Conflicts

Disputes arising from the prioritization or ordering of different interests, claims, or benefits.

Mutually Exclusive

A term used to describe situations, events, or decisions where the occurrence of one precludes the occurrence of the others.

Independent

A term describing events that are not affected by other events, or variables with no association or influence on each other.

Net Present Value

A calculation that compares the value of all cash inflows and outflows of a project or investment using a specified discount rate.

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