Question
A bag contains 3 Green and 9 Red balls. One ball is
drawn at random. What is the probability that the ball drawn is Red?Solution
Let number of balls = (3 + 9) = 12. Number of Red balls = 9. P (drawing a Red ball) = 9/12 = 3/4.
In Macroeconomics, ‘macro’ is taken from the word ‘makro’, which means big. To which language does ‘makro’ belong?
When considering buying the latest smartphone, you talk to various friends, research extensively online, and demo several products in store. What are yo...
Franchising is attractive for the franchisee because:
The competition between McDonald's, Wendy's, and Burger King is known as which form of competition?
During the days before Diwali, a holiday club wants to get new clients and is coming up with attractive joining offers. What form of non-store retailing...
The Hotel Association of India suggests that six in ten Indians look for an environmentally friendly hotel as part of their travel plans. This is an exa...
SBUs with low growth rate and low relative market share are called _________.
Changes in the marketing environment are a source of _______ and _______ to be managed.
When McCain decides to branch out from the frozen foods category into the ready- to-serve beverage market, their growth strategy is:
Which positioning strategy is likely to use a non-mainstream retailer to sell their product?