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MBA XXXXXXXXXXOrganizations, Markets, And Management Team Problem Writeup Due Friday, October 28th, by 11:59pm 1 Assignment The purpose of this assignment is to get your core team interacting with...

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MBA XXXXXXXXXXOrganizations, Markets, And Management
Team Problem Writeup
Due Friday, October 28th, by 11:59pm
1 Assignment
The purpose of this assignment is to get your core team interacting with the material togethe
as we head into the final exam. Each team member must draft a problem to be solved (like
a question for an exam) that addresses some real-world situation. These scenarios can come
from news articles, podcasts, videocasts, or any other sources that are available to a potential
eader. This problem should be relevant to the individual’s interests, their home country, o
their personal experience. Team members are permitted to estimate/approximate relevant
numbers, or use any form of abstraction that we have used in class in order to construct
these problems, but the problems must be answerable given the material from the course.
Each problem should start with a description/summary of the situation to be addressed (the
scenario). Subsequently, each problem must have a least two questions (two parts) to be an-
swered and each question must require application of different course material to be solved.
The questions can apply material from anything covered in the course, but team members
should coordinate so that there is diversity across the problems in the final writeup. Note
that each problem and associated set of parts/questions is limited to one page (not including
graphs, data, or tables if they are needed). Finally, each problem must include a well written
solution for each individual question. The solutions for each problem should be two pages o
less (not including graphs or tables). Thus, each problem should not exceed 3 pages in total
(not including graphs, data, or tables if they are needed). Note that every team membe
must contribute substantially, and any team member that does not may face a grade penalty
up to the entire value of the assignment.
Once these drafts are complete, the team should work together to refine and improve each
problem, the associated questions, and the solutions. The goal is to have a list of problems
that assists the reader in understanding how the course material can be applied in the real
world. Relevance to the material, co
ect application of the material, diversity of the material
covered, creativity, difficulty of the questions/solutions, and the quality of the writeup itself
are all important considerations in this assignment. Once this is complete, the team must
draft a document that describes the relevance of each problem to the material, the source of
the student’s interest in the problem (personal experience, career aspirations, etc.), and the
class session(s) to which the team believes the problem might be relevant.
2 Deliverables
One team member must submit a single well-organized document via CARMEN including:
1. The scenario description and associated questions from each team membe
1
2. The solution for each team member’s questions
3. The relevance and inspiration description for each problem
The intended audience of this document is your peers in the program. Be sure to reference
any copyrighted material used in the write-up, provided links/directions to necessary reading,
and feel free to include a ToC and other organizational devices as your team sees fit. As
always, if you have questions about the assignment please contact me.
2
    RedAssignment
    RedDeliverables
Answered 1 days After Nov 03, 2022

Solution

Komalavalli answered on Nov 04 2022
64 Votes
Product market with game theory:
Let us consider there is two firm in a electronic product market, they are Bosch and Tern who is facing a situation whether to sell a high quality or low quality product with a motive to maximize their revenue. Solution for this problem can be identified through game matrix.
Game matrix between bosch and Tern
    Tern
(profits in million)
    
Bosch
(profits in million)
    
    Â 
    High quality(20,000 units)
    Low Quality(20,000 units)
    High quality(10,000 units)
    Low quality(10,000 units)
    
    High quality(20,000 units)
    ($40 ,$25)
    ($40 ,$50)
    ($40 ,$20)
    ($40 ,$0)
    
    Low Quality(20,000 units)
    ($0,$25)
    ($0,$50)
    ($0,$20)
    ($0,$0)
    
    High quality(10,000 units)
    ($30,$25)
    ($30,$50)
    ($30,$20)
    ($30,$0)
    
    Low quality(10,000 units)
    ($20,$25)
    ($20,$50)
    ($20,$20)
    ($20,$0)
When Bosch moves first in the game we will look into column wise payoff. $40 million is the highest possible profit that Bosch can earn so he chose to supply low quality motors of 20,000 units. By considering bosch action Tern will look into the row wise payoff, the highest possible payoff that the Tern can earn is $30 million at nash equili
ium point Ten will choose to buy motor of high quality and Bosch will supply low quality motors of 20,000 units.
In one shot simultaneous game both firms decide their outcome at a time, let’s consider that tern and Bosch chose high quality of 10,000 units of motors If we examine the payoff clearly, its revealed that pay off will $20 million for tern and $10 million for Bosch, this would result in disequili
ium because there is a possibility for both the firms to deviate from their choice and earn high payoff. At nash equili
ium there is no chance of deviation from the chosen...
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