Does the Answer to Question 72 Match Your Intuition? Explain

question 25

Essay

Does the answer to Question 72 match your intuition? Explain why or why not.
In this example we are estimating the net present value of introducing a new drug to market.We have the following information about the market:
· The market size is 1,000,000 and is projected to grow at an average 5%,with a standard deviation of 1%,over the next ten years.
· The market share captured at entry is projected to be between 20% and 70%,with most likely value 40%.
· Three competitors may enter the market in the future,with each one having a 40% probability of entry per year.
· For each new competitor per year,the market share goes down by 20%.
· The marginal profit per unit is $1.80.
· We want to evaluate the project over ten years,using a discount rate of 10%.

Recognize and correct patterns in mistake-making to improve future performance.

Apply strategies for different types of exam questions (multiple-choice, true/false, essay).

Appreciate the importance of following directions thoroughly to secure full credit.

Grasp the significance of self-assessment post-exams to identify areas of improvement.

---

Definitions:

Trendsetting

The activity or capability of setting new trends or being influential in establishing new directions in fashion, design, culture, or business.

Millennials

A generational cohort following Generation X, typically considered to be born between the early 1980s and late 1990s.

Corporate Social Responsibility

A business philosophy that involves taking part in initiatives that benefit society, reflecting a company's commitment to ethical practices and contribution to economic development while improving the quality of life of the workforce and their families, as well as of the community and society at large.

Good Citizenry

The behavior of individuals or organizations that reflects commitment to the well-being of society and the environment, often going beyond legal or economic obligations.