A vehicle manufacturer often won't buy a new product from a supplier unless the supplier's competitors are also capable of making the same item. The manufacturer is using ________
A) single sourcing
B) crowdsourcing
C) multiple sourcing
D) customer reference programming
E) reciprocity
C
Business
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Keystone Generation, Inc. has a project that costs $900,000. It has a 50% chance of paying off $2,000,000 and a 50% chance of paying off $0. What is the expected payoff and the expected profit or loss from the new project?
A) The expected payoff is $1,000,000, and the expected loss is $10,000. B) The expected payoff is $100,000, and the expected profit is $10,000. C) The expected payoff is $100,000, and the expected loss is $100,000. D) The expected payoff is $1,000,000, and the expected profit is $100,000.
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