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Ray Crofford is evaluating investment alternatives to invest $100,000 which he inherited from his grandfather.His investment advisor has identified four alternatives and constructed the following payoff table which shows expected profits (in $10,000's) for various market conditions: If Ray uses the Hurwicz criterion with alpha = 0.5,the appropriate choice is ___.
Upselling
A sales technique where a seller induces the customer to purchase more expensive items, upgrades, or other add-ons in an attempt to make a more profitable sale.
Low-end CRM
Customer Relationship Management systems designed with fewer features and capabilities, targeted towards small businesses or users with basic requirements.
Large Customers
Clients or companies that make significant purchases, often requiring customized solutions and extensive service support.
Legacy Systems
Outdated computer systems, software, or technology still in use, despite the availability of newer versions.
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