A Company Is Bidding on Two Projects, a and B

question 51

Multiple Choice

A company is bidding on two projects, A and B. The probability that the company wins project A is 0.40 and the probability that the company wins project B is 0.25. Winning project A and winning project B are independent events. What is the probability that the company wins project A or project B?

• A) 0.55
• B) 0.65
• C) 0.30
• D) 0.25

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Definitions:

Cultural Imperialism

The dominance of one culture over others, often through mass media and consumer culture, leading to the erosion of local cultures and identities.

Transnational Expansion

The growth of an organization or movement beyond its original national boundaries to encompass participation or influence in multiple countries.

Benjamin Barber

An American political theorist known for his work on democracy and civic participation, particularly in the context of globalization.

Anthony Giddens

A prominent British sociologist known for his theory of structuration, which explores the relationship between individual actions and social systems.