Q1. Question: A propertyowneris faced with achoiceof:

(a) A large-scaleinvestment(A) to improve her flats. This could produce a substantialpay-offin terms of increased revenue net of costs but will require aninvestment of 1,400,000. After extensive market research it is considered that there is a40%chance that a pay-off of2,500,000will be obtained, but there is a60%chance that it will be only800,000.

(b) A smaller scaleproject (B)to re-decorate her premises. At500,000this is less costly but will produce a lower pay-off. Research data suggests a30%chance of a gain of1,000,000but a70%chance of it being only500,000.

(c) Continuing the present operationwithout change (C). It will cost nothing, but neither will it produce any pay-off. Clients will be unhappy and it will become harder and harder to rent the flats out when they become free.

How will a decision tree help the taking of the decision?

Q2. Calculate the contribution margin per unit of each project A, B, C, D

	A	B	C	D
Price	$75	$72	$45	$38
Raw materials	$10	$5	$5	$10

Q3. An electric company produces light bulbs. The following data on the number of lumens for 40 watt light bulbs were collected for 5 samples as follows

Sample	1	2	3	4
1	604	612	588	600
2	597	601	607	603
3	581	570	585	592
4	620	605	595	588
5	590	614	608	604

Calculate control limits for R-Charts and X-Charts given the following data D3=0

D4= 2.282

A2= 0.729

Q4. Question one: Read The following article about corporate social responsibility and answer the question below:

Inspirational Examples of Corporate Social Responsibility in Marketing

Rhonda Basler

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September 7, 2018

Standing out from the competition can be challenging when the marketplace is already crowded. However, companies that demonstrate an obligation to various philanthropic causes are generally perceived as more marketable than companies whose social responsibility activities are seemingly nonexistent. Thus, the marketing of social responsibility is important for businesses that want to keep or attract consumers with mindsets toward the environment, social issues and economic growth.

No longer is it enough for companies to just promote their services or products. Consumers increasingly want to support brands that offer not only functional benefits but asocial purpose as well.

Here are just a few inspirational examples of how companies have taken social stands in very visible ways, as well as a few examples of Hallmark initiatives worth noting:

1. State Farm Neighborhood of Good

State Farm's Neighborhood of Goodprogram makes it possible for people to find and volunteer for causes they care about right in their neighborhoods. And since State Farm's business is built on the idea of helping people, the Neighborhood of Good movement aligns with its vision and mission. Hallmark Business Connections has been proud to assist State Farm in marketing the Neighborhood of Good initiative through custom greeting cards.

1. Zappos for Good

Zappos has an entire organization dedicated to charity. Zappos for Good works with charitable organizations to donate goods such as backpacks, shoes, books and school supplies to those in need. Therefore, Zappos is not only known for itscompany culture, but also for its social responsibility initiatives.

1. Microsoft

The company's computers have dramatically changed the way we work, play and study. But for founder Bill Gates, that simply wasn't enough. In 1983, the company began its "giving program." To support its employees' passion for giving, the company matches employee donations of time and money to nonprofit organizations. This has worked to Microsoft's advantage in the marketing space as well.

1. Centene Corporation

In the health and wellness industry, social responsibility plays a large role in marketing and public relations. Centene Corporation has gone above and beyond to act socially responsible, and as a result, has experienced positive PR buzz and marketing opportunities. Earlier this year, the Centene Charitable Foundation and 15 local health plans joined forces with a nonprofit known as Beyond Differencesto celebrate No One Eats Alone Day. By partnering with 40 schools and over 6,000 students, Centene helped demonstrate inclusion by encouraging students to sit with others they didn't know or who may feel left out. It's courageous acts like this that help put Centene Corporation at the forefront of social responsibility in thehealthcare industry.

1. Hallmark

When you care enough, you can change the world. That's a bold statement, and with it comes being socially responsible. As the B2B subsidiary of Hallmark, Hallmark Business Connections puts social responsibility at the forefront both within the organization and when developing marketing initiatives for our clients.

From "It's a Wrap!" for the Salvation Army to CANstruction for the fight against hunger, partnering with local charitable causes to providing United Way leadership, Hallmark's business is built on helping people form emotional connections that lead to making a genuine difference in the lives of others. That's true not only of our products but also of the way we create them. As part of this commitment, we invite you to view our most recentCaring in Action Social Responsibility Report.

When you work with Hallmark, you are not only investing in an effective service for your company, you are investing in your community and making a difference all at the same time.Visit our Why Hallmark pagefor more details.

Question: Elaborate on corporate social responsibility of three of the above companies.