In a Local Mobile Phone Area,company a Accounts for 60

question 37

Multiple Choice

In a local mobile phone area,company A accounts for 60% of the mobile phone market,while company B accounts for the remaining 40% of the market.Of the mobile calls made with company A,1% of the calls will have some sort of interference,while 2% of the mobile calls with company B will have interference.
-If a mobile call is selected at random,the probability that it will have interference is _______.

• A) 0.14
• B) 0.028
• C) 0.014
• D) 0.986

Explain the mechanisms of the international gold standard and its effects on exchange rates.

Analyze the relationship between the price of currencies in terms of each other.

Describe the role and impact of currency exchange for international trade beyond importing and exporting.

Recognize the structure and components of a nation's balance of payments.

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Definitions:

Skill-Based Pay

A compensation system that rewards employees for acquiring and using specific skills, rather than paying them based on their job title or position.

Profit-Sharing Plan

A company program that gives employees a share in the profits of the business, usually in the form of bonuses or stocks.

Failure Reduction

Strategies or measures taken to decrease the likelihood and impact of errors or unsuccessful outcomes.

Line Managers

Describes managers who have direct responsibility over a particular department or group within an organization and are directly involved in organizational goals.