Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 15 Feb 2018 My Price 5.00

Slaggert Systems

Slaggert Systems is considering becoming certified to the ISO 9000 series of quality standards. Becoming certified is expensive, but the company could lose a substantial amount of business if its major customers suddenly demand ISO certification and the company does not have it. At a management retreat the senior executives of the firm developed the following payoff table, indicating the net present value of profits over the next 5 years. Customer Response Standards Required Standards Not Required Become Certified $575,000 $500,000 Stay Uncertified $450,000 $600,000 What decision should the company make using each strategy? Aggressive strategy Conservative strategy Opportunity-loss strategy

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Feb 2018 09:02 PM My Price 5.00

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