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

question 98

Multiple Choice

The national sales manager for "I colored this" (ICT) T-shirts provides all salespersons with the following opportunity loss table showing the potential lost profit for each purchase decision or act from one to four dozen T-shirts. The probability of demand for each state of nature is also shown. What is the expected opportunity loss of purchasing three dozen T-shirts?

• A) 84
• B) 108
• C) 156
• D) 204

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Definitions:

Customer Satisfaction

The measurement of how products or services supplied by a company meet or exceed the expectation of its customers.

Greater Effectiveness

Achieving enhanced performance or outcomes in a more efficient, productive manner.

HR Department

The division within an organization responsible for personnel sourcing, hiring, training, policy implementation, and ensuring workforce compliance with legal standards.

Learning Organization

An organization that actively seeks to acquire knowledge and adapt to change efficiently, thereby continuously improving its capabilities.