Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own


Question: 30 Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small business should be starred only if there is a good chance of making a profit. Jerry can open a small shop, a large shop, or no shop at all. Because there will be a five-year lease on the building that Jerry is thinking about using, he wants to make sure that he makes the correct decision. Jerry is also thinking about hiring his old market professor to conduct a marketing research study. If the study is conducted, the results could be either favorable or unfavorable. Develop a decision tree for Jerry.

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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