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Exhibit 7.1 The Following Questions Are Based on the Problem Below

question 3

Multiple Choice

Exhibit 7.1
The following questions are based on the problem below.
A company wants to advertise on TV and radio. The company wants to produce about 6 TV ads and 12 radio ads. Each TV ad costs $20,000 and is viewed by 10 million people. Radio ads cost $10,000 and are heard by 7 million people. The company wants to reach about 140 million people, and spend about $200,000 for all the ads. The problem has been set up in the following Excel spreadsheet.
-Refer to Exhibit 7.1. If the company is very concerned about going over the $200,000 budget, which cell value should change and how should it change?

Definitions:

Organizational HRIS

A Human Resource Information System (HRIS) used within an organization to manage employee data, payroll, benefits administration, and other HR functions.

Knowledge Communities

Groups of people who share an interest, passion, or concern about a specific area of knowledge, and who collaborate over an extended period to share information, solve problems, or innovate.

Enterprise Portals

Enterprise Portals are web-based platforms that provide employees a personalized and integrated access point to information, applications, and services relevant to their roles.

Specialized Knowledge

Expertise or deep understanding in a specific field or area, typically acquired through education or experience.