Homework Week 7.docx - Homework Week 7 Individual Problem...

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Homework Week 7IndividualProblem 17.1 – Global ExpansionYou’re the manager of global opportunities for a U.S. manufacturer, who isconsidering expanding sales into Asia.Your market research has identified themarket potential in Malaysia, Philippines, and Singapore as described next:Success LevelBigMediocreFailureMalaysiaProbability0.30.30.4Units1,200,000600,0000PhilippinesProbability0.30.50.2Units1,000,000320,0000SingaporeProbability0.70.20.1Units700,000400,0000The product sells for $10 and has unit costs of $8.If you can enter only onemarket, and the cost of entering the market (regardless of which market youselect) is $250,000, should you enter one of these markets?If so, which one?you enter, what is your expected profit?If

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Term
Fall
Professor
PERDIO

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