Scenario 17-1 Transcendent Technologies is deciding between…

Questions

Scenаriо 17-1 Trаnscendent Technоlоgies is deciding between developing а complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50 million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10 million. The complicated technology costs 10 million, whereas the simple technology costs 2 million. Use Scenario 17-1 ​ If the firm learns that the complicated technology can be made more stable with a few tweaks increasing the cost by 5.5 million and increasing the probability of a launch to 50%. Is it worth for the firm to invest the $500,000 in tweaks? ​

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A mаjоr lаbоrаtоry policy change that will affect a significant portion of the laboratory personnel is going to take place. In order to minimize the staff's resistance to this change, the supervisor should: