You have four different strategic business plans you can select to implement against your competitors. You estimate that the probability that the competitors are aware of your strategies is 0.3, and 0.7 that they are unaware. The payoffs estimated for each scenario are shown next. What is the maximax choice?

Question

You have four different strategic business plans you can select to implement against your competitors. You estimate that the probability that the competitors are aware of your strategies is 0.3, and 0.7 that they are unaware. The payoffs estimated for each scenario are shown next.  What is the maximax choice?

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The Answer of You have four different strategic business plans you can select to implement against your competitors. You estimate that the probability that the competitors are aware of your strategies is 0.3, and 0.7 that they are unaware. The payoffs estimated for each scenario are shown next.  What is the maximax choice?

You Have Four Different Strategic Business Plans You Can Select