a) Emerson, Lake and Palmer are considering how much to spend on marketing their concert tour. The record company has suggested $16,000 while the manager wants to spend $28,000. The below matrix...


a) Emerson, Lake and Palmer are considering<br>how much to spend on marketing their<br>concert tour. The record company has<br>suggested $16,000 while the manager wants<br>to spend $28,000. The below matrix contains<br>band member preferences for marketing<br>expenditure. If the two proposals are put to<br>the vote, which proposal will win and why?<br>Emerson<br>Lake<br>Palmer<br>$10,000<br>$20,000<br>$30,000<br>b) Would you recommend to the<br>manager that she change her proposal<br>to the band in the lead up to the vote?<br>And if so, to what amount exactly?<br>Explain your answer.<br>

Extracted text: a) Emerson, Lake and Palmer are considering how much to spend on marketing their concert tour. The record company has suggested $16,000 while the manager wants to spend $28,000. The below matrix contains band member preferences for marketing expenditure. If the two proposals are put to the vote, which proposal will win and why? Emerson Lake Palmer $10,000 $20,000 $30,000 b) Would you recommend to the manager that she change her proposal to the band in the lead up to the vote? And if so, to what amount exactly? Explain your answer.

Jun 11, 2022
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