ScenarioDecision trees can be used to determine the best possible alternatives and potential payoff for a new product or solving other management problems where uncertainty is present.Your task is to build a decision tree based on the following scenario.OM, Inc., a manufacturer of widgets, is considering the possibility of producing a new super-duper widget using 3D printing. This new project will require OM, Inc. to either purchase a high-end 3D printer or hire and train four additional employees. The market for the new widget could be either favorable or unfavorable. In the end, OM, Inc., can also decide not to develop the new widget.Sales for favorable acceptance by customers would be 25,000 widgets selling for $90 each. With unfavorable acceptance, sales of the widgets would only be 8,000 widgets at a selling price of $90 each. The cost of the 3D printing system is $600,000. The hiring and training of four new employees would cost only $400,000. In the end, manufacturing costs should drop from $60 for each widget when manufacturing without 3D printing to $50 each when 3D printed.The probability of favorable acceptance of the new widget is .40; the probability of unfavorable acceptance is .60AssignmentUse Excel or Excel OM to build a decision tree. If you use Excel OM, make sure you carefully review the "Instructions & Example" provided in the OM plugin, and the example in your book. Submit your Excel decision tree along with a short explanation of what decision should be made by the company and how you arrived at your answer.Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters.Review the Problems Rubric for detailed grading information.

Case: An International Strategy Powers ABB’s Future ABB, headquartered in Zurich, Switzerland, is a major competitor in the power and automation technologies industries across the major markets globally. It has 140,000 employees operating in almost 100 countries. In fact, it has five major businesses—power products, power systems, discrete automation, low voltage products, and process automation. It operates in eight major regions: (1) Northern Europe, (2) Central Europe, (3) the Mediterranean, (4) North America, (5) South America, (6) India, the Middle East, and Africa, (7) North Asia, and (8) South Asia. Over time, ABB has been a successful company using its geographic diversification across the globe to its advantage. It also exemplifies the difficulty of managing an international strategy and operations. For example, its power systems business has experienced performance problems in recent years due to poor performance in some countries due primarily to the economy downturn. Notwithstanding the difficulty of managing in emerging economies, much of its growth is focused on improving country infrastructure such as power systems and grids. In 2014, the firm announced that the Asia, Middle East, and Africa (AMEA) region currently contributes about 37 percent of ABB’s total revenue, or about $15.3 billion, and “emerging markets were planned to contribute to two-thirds of the forecast growth between 2015 and 2020.” In recent years, most of ABB’s entries to new mar- kets and expansions in existing markets have come from acquisitions of existing businesses in those mar- kets. Recently, it acquired Siemens’ solar energy busi- ness, Power-One, and U.S.-based Los Gatos Research, a manufacturer of gas analyzers used in environmental monitoring and research. The purchase of Power-One represents a major risk as the solar power industry is in a downturn. Yet some analysts predict a brighter future for the industry over the long term. ABB also uses other modes of entry and expansion, exemplified by the 2013 joint venture with China’s Jiangsu Jinke Smart Electric Company to design, manufacture, and provide follow-up service on high voltage instrument transformers. It also recently procured major contracts for business in Brazil and South Africa. Partly due to the global economic recession that began in 2008, recent weak economic performance, and some poor expansion decisions, ABB’s performance has been weaker than expected. As a result, the CEO and chief technology officer announced their resignations in 2013. Despite these changes, ABB is a highly respected global brand, and, after its recent changes (e.g., closing some country operations), its revenues and earnings have started to rise. These positive changes have been largely attributed to the success of its North American businesses. Its acquisitions of Baldor (maker of industrial motors) in 2010 and Thomas & Betts in 2012 greatly enhanced its North American operations and revenues. It has also had success in manufacturing equipment and robots with its robotics business headquartered in the United States. It is even moving to help small com- panies, such as ones in the beer industry, to automate their production processes. Therefore, even in turbulent times, ABB’s future looks bright. question:1. What are the main political and economic risks that ABB must deal with given that it has a strong focus on entering emerging economies?2. What are the significant organizational complexities that ABB encounters as it tries to manage its international strategy?no need reference, thank you

You are employed at Healthy Myles Fitness Center and are in charge of consolidating the company’s records and other important information into a database. You have already set up the basic structure of the database, created relationships between tables, and created queries. You will now work with forms and reports to enter and view data.Open the frmEmployeeList form in Layout view and make the following changes:Apply the Facet theme to the frmEmployeeList form only.Change the form title to Employee List.Change the font color of the form title to Dark Green, Accent 2.Save the form, and then switch to viewing the frmEmployeeList form in Form View.In Form View, navigate to the fifth record (with the Employee ID field value 114) in the frmEmployeeList form, and then change the Employee Last field value to Summers. Navigate to the last record (with the Employee ID field value 155), and then change the Title field value to Billing Manager. Save and close the form.Use the Form Wizard to create a form based on the tblBilling table. Include all fields in the form, use the Columnar layout, and specify the title frmBillingData.Switch to Layout View, and then edit the form title in the frmBillingData form so that it appears as Billing Data (two words). Save the form.Switch to Form View, and then use the Find command to find the record with the Billing ID field value A80565 in the frmBillingData form. Change the Sessions to 8 and the Amount to $800.Using the data shown in Figure 1 below, add a new record to the frmBillingData form, and then close the form.Select the TrainerID, FirstName, and LastName fields from the tblTrainer table for the main form. Select the ClientID, StartDate, and EndDate fields from the tblBilling table. Choose the option to view the data by tblTrainer. Select the Datasheet layout for the subform. Specify the title frmTrainerBilling for the main form and frmBillingSubform for the subform.Switch to Layout View, change the title in the main form to Trainers and Billing, then use the mouse to resize the subform to approximately 4.5” wide (or wide enough to display the full EndDate column). Your form should now look like Figure 2 below.In Form View, use the Find command to find the record with the Trainer ID field value 585 in the frmTrainerBilling form, and then change the FirstName field value to Cameron. Save and close the form.Use the Report Wizard to create a report based on the tblTrainer table and the related tblBilling table, as described below: Select the TrainerID, FirstName, LastName, and Certification fields from the tblTrainer table. Select all fields from the tblBilling table except for the TrainerID field. Choose the option to view the data by tblTrainer, and do not select any additional grouping levels for the report. Sort the records in ascending order by BillingID. Select the Outline layout and Landscape orientation for the report. Specify the report title rptTrainerBilling.Switch to Layout View, and then change the report title for the rptTrainerBilling report to Trainer Billing (two words). Save and close the report.Open the rptClientBilling report in Layout View and complete the following steps:Apply the Integral theme to the rptClientBilling report only.Increase the width of the StartDate controls to 1.2".Move the StartDate controls so that the right edge is aligned with the StartDate field title. Move the Amount controls so that the right edge is aligned with the Amount field title.Change the Sessions field title to right alignment.Scroll to the bottom of the report, and then use an arrow key to move the page number control to the right so that its right edge aligns with the right edge of the Sessions field in the report. Save the report.Open the frmEmployeeList form in Layout view and make the following changes:Apply the Facet theme to the frmEmployeeList form only.Change the form title to Employee List.Change the font color of the form title to Dark Green, Accent 2.Save the form, and then switch to viewing the frmEmployeeList form in Form View.In Form View, navigate to the fifth record (with the Employee ID field value 114) in the frmEmployeeList form, and then change the Employee Last field value to Summers. Navigate to the last record (with the Employee ID field value 155), and then change the Title field value to Billing Manager. Save and close the form.Use the Form Wizard to create a form based on the tblBilling table. Include all fields in the form, use the Columnar layout, and specify the title frmBillingData.Switch to Layout View, and then edit the form title in the frmBillingData form so that it appears as Billing Data (two words). Save the form.Switch to Form View, and then use the Find command to find the record with the Billing ID field value A80565 in the frmBillingData form. Change the Sessions to 8 and the Amount to $800.Using the data shown in Figure 1 below, add a new record to the frmBillingData form, and then close the form.Select the TrainerID, FirstName, and LastName fields from the tblTrainer table for the main form. Select the ClientID, StartDate, and EndDate fields from the tblBilling table. Choose the option to view the data by tblTrainer. Select the Datasheet layout for the subform. Specify the title frmTrainerBilling for the main form and frmBillingSubform for the subform.Switch to Layout View, change the title in the main form to Trainers and Billing, then use the mouse to resize the subform to approximately 4.5” wide (or wide enough to display the full EndDate column). Your form should now look like Figure 2 below.In Form View, use the Find command to find the record with the Trainer ID field value 585 in the frmTrainerBilling form, and then change the FirstName field value to Cameron. Save and close the form.Use the Report Wizard to create a report based on the tblTrainer table and the related tblBilling table, as described below: Select the TrainerID, FirstName, LastName, and Certification fields from the tblTrainer table. Select all fields from the tblBilling table except for the TrainerID field. Choose the option to view the data by tblTrainer, and do not select any additional grouping levels for the report. Sort the records in ascending order by BillingID. Select the Outline layout and Landscape orientation for the report. Specify the report title rptTrainerBilling.Switch to Layout View, and then change the report title for the rptTrainerBilling report to Trainer Billing (two words). Save and close the report.Open the rptClientBilling report in Layout View and complete the following steps:Apply the Integral theme to the rptClientBilling report only.Increase the width of the StartDate controls to 1.2".Move the StartDate controls so that the right edge is aligned with the StartDate field title. Move the Amount controls so that the right edge is aligned with the Amount field title.Change the Sessions field title to right alignment.Scroll to the bottom of the report, and then use an arrow key to move the page number control to the right so that its right edge aligns with the right edge of the Sessions field in the report. Save the report. Use the Form tool to create a form based on the tblTrainer table, and then save the form as frmTrainerList. Close the frmTrainerList form. Figure 1: New Record for the frmBillingData Form 7.Use the Form Wizard to create a form containing a main form and a subform as described below: Figure 2: frmTrainerBilling Form Use conditional formatting in the rptClientBilling report to format the Sessions field values that are greater than or equal to 7 in a bold, red font, as shown in Figure 3 on the next page. Display the report in Print Preview and review its pages, and then save and close the report.1.You are employed at Healthy Myles Fitness Center and are in charge of consolidating the company’s records and other important information into a database. You have already set up the basic structure of the database, created relationships between tables, and created queries. You will now work with forms and reports to enter and view data. Use the Form tool to create a form based on the tblTrainer table, and then save the form as frmTrainerList. Close the frmTrainerList form. Figure 1: New Record for the frmBillingData Form 7.Use the Form Wizard to create a form containing a main form and a subform as described below: Figure 2: frmTrainerBilling Form Use conditional formatting in the rptClientBilling report to format the Sessions field values that are greater than or equal to 7 in a bold, red font, as shown in Figure 3 on the next page. Display the report in Print Preview and review its pages, and then save and close the report.vvv