The National Sales Manager for "I Colored This" (ICT)T-Shirts Provides

question 63

Multiple Choice

The national sales manager for "I colored this" (ICT) T-shirts provides all salespersons with the payoff table shown next,giving the estimated profit when a retailer purchases from one to four dozen T-shirts. The probability of demand for each state of nature is also shown. What is the maximum payoff under conditions of certainty?

• A)120
• B)240
• C)360
• D)480

---

Definitions:

Identification

A psychological process in which an individual assimilates attributes, beliefs, or standards of another person or group, often serving as a role model.

Fight-or-flight Response

An automatic physiological reaction to perceived harmful events, attacks, or threats to survival, prompting either combat or retreat.

Walter Cannon

A physiologist known for his work on the fight or flight response and for coining the term 'homeostasis' to describe the process of maintaining internal stability in an organism.

Hans Selye

A pioneering Hungarian-Canadian endocrinologist known for his research on the effects of stress on the human body, introducing the concept of the General Adaptation Syndrome.