Consider a new version of the game in which Richard and Justin must decide whether to go to the nightclub or the movie theater (see page 652). In this version, rather than being disheartened, the two young men bond in jail and want nothing more than to be in the same place after their release. Describe any dominant strategies and Nash equilibria in this game.
Technology in business Chapter 2 Notes -Competitive advantage: any assets that provide that provide an organization with an edge against its competitors in some measure such as cost, quality, or speed. It helps an organization control a market and get larger profits. Business Pressures -Business Environment: the combination of social, legal, economic, physical, and political factors in which businesses conduct their operations. Any change to any of these factors can create business pressures on organizations. Market Pressures -Market pressures are generated by the global economy, intense competition, the changing nature of the workforce, and powerful customers. -Globalization: the integration and interdependence of economic, social, cultural, and ecologica
