Identify which of the following are discrete decisions and which are extinct decisions.
a. Decide whether to expand an existing product into a new region.
b. What discount should be given on products during the upcoming holiday sale? How should you do it? How should the profit generated from the price discount be compared to the loss from the discount?
c. Should the advertising budget be changed for the upcoming year? How should it be done?
Solution:
d. Should you develop a new product for an existing product line? What must you decide?