Jim Is Considering Pursuing an MS in Information Systems Degree

question 22

Multiple Choice

Jim is considering pursuing an MS in Information Systems degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 20% for University X and 45% for University Y. What is the probability that Jim will be accepted at both universities?

• A) .65
• B) .25
• C) .20
• D) .09

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Definitions:

Externally-Oriented Perception

The focus or perspective that emphasizes understanding and adapting to the external environment, including market trends, customer needs, and competitive actions.

Integrated

Combining or coordinating separate elements so as to provide a harmonious, interrelated whole, often referring to systems or policies.

Internet And Social Media Strategies

Approaches employed by businesses and individuals to use the internet and social media platforms effectively for marketing, communication, and brand building.

Porter's Generic Strategies

Framework proposed by Michael Porter that outlines three strategic options available to organizations to gain competitive advantage: cost leadership, differentiation, and focus.