4/21/25, 9:34 PM UNC MBA 650 Final Exam
UNC MBA 650 ACTUAL FINAL EXAM NEWEST VERSION 2024-
2025 LATEST UPDATE WITH ALL 280 QUESTIONS AND CORRECT
DETAILED ANSWERS || COMPLETE VERSION WITH VERIFIED
ANSWERS \\GUARANTEED PASS ALREADY GRADED A+
Two siblings, Sarah and Tom c. treaten to tell
are playing a simultaneous
hit and tell game. Sarah can
hit Tom or not and Tom can
tattle on Sarah
or not. Relative to no hitting
and no tattling, if Sarah hits
Tom, and he tattles they
both experience a loss of
10. Not telling, gets Tom a
bruise, a loss of 5 but Sarah
gains 5. If he tattles
untruthfully, he gets a gain
of 5 and Sarah loses 5. If
they get along, no one gets
anything
If Tom wants to not be hit,
what strategy could he
follow
a. Threaten to not tell
b. Always not tell
c. Threaten to tell
d. All of the above
/ 1/161
,4/21/25, 9:34 PM UNC MBA 650 Final Exam
If, during the negotiations c. all of the above
between the union and the
management a strike occurs,
it would be because
a. The union is trying to
convince the
management that it will stick to
its strategy
b. The management
doesn't believe the
union's threat
c. All of the above
d. None of the above
In the non-strategic a. the ability to commit to a strategy gives you an advantage
sequential labor negotiation
game:
a. The ability to commit to a
strategy gives you an
advantage
b. The ability to commit to a
strategy gives your
opponent an advantage
c. The ability to commit to
a strategy is irrelevant
d. Players should simply not
commit to a strategy to
obtain an advantage
/ 2/161
,4/21/25, 9:34 PM UNC MBA 650 Final Exam
Which of the following will b. you redesign your product to be more feasibly accepting of
improve your bargaining many suppliers' parts
position when contracting
with a supplier
a. Your supplier merges
with an another large
supplier of the same
product
b. You redesign your
product to be more
feasibly accepting of many
suppliers' parts
c. You redesign your product
so that your preferred
supplier is more integral
to
product success
d. Your supplier's chief
competitor has exited
the market
Which one of the following b. be forgiving
is a way to get out of a
repeated Prisoner's Dilemma
Nash Equilibrium?
a. Do not be forgiving
b. Be forgiving
c. Punish the competitors
severely forever
d. All of the above
/ 3/161
, 4/21/25, 9:34 PM UNC MBA 650 Final Exam
Two street racers are playing b. both of the players would stop
a
simultaneous game of
chicken. They have to race
towards each other and
whoever swerves first is
chicken and faces shame, a
loss of 8, while the winner
enjoys a gain of
3. If neither stop, they
would crash into each
other, a loss of 10. If both
of them swerve at the
same time, they are both
chicken and face a loss
of 5 each
What would the Nash
equilibrium be in this game?
a. Neither of the players would
stop
b. Both of the players would
stop
c. Player A stops
d. Player B stops
The VP in charge of b. Type II error
product launches
hypothesizes that a
particular product would be
profitable, then launching an
unprofitable product is a
a. Type I error
b. Type II error
c. Type III error
d. Type IV error
Type I errors are b. False Positives
a. False negatives
b. False positives
c. True negatives
d. True positives
/ 4/161
UNC MBA 650 ACTUAL FINAL EXAM NEWEST VERSION 2024-
2025 LATEST UPDATE WITH ALL 280 QUESTIONS AND CORRECT
DETAILED ANSWERS || COMPLETE VERSION WITH VERIFIED
ANSWERS \\GUARANTEED PASS ALREADY GRADED A+
Two siblings, Sarah and Tom c. treaten to tell
are playing a simultaneous
hit and tell game. Sarah can
hit Tom or not and Tom can
tattle on Sarah
or not. Relative to no hitting
and no tattling, if Sarah hits
Tom, and he tattles they
both experience a loss of
10. Not telling, gets Tom a
bruise, a loss of 5 but Sarah
gains 5. If he tattles
untruthfully, he gets a gain
of 5 and Sarah loses 5. If
they get along, no one gets
anything
If Tom wants to not be hit,
what strategy could he
follow
a. Threaten to not tell
b. Always not tell
c. Threaten to tell
d. All of the above
/ 1/161
,4/21/25, 9:34 PM UNC MBA 650 Final Exam
If, during the negotiations c. all of the above
between the union and the
management a strike occurs,
it would be because
a. The union is trying to
convince the
management that it will stick to
its strategy
b. The management
doesn't believe the
union's threat
c. All of the above
d. None of the above
In the non-strategic a. the ability to commit to a strategy gives you an advantage
sequential labor negotiation
game:
a. The ability to commit to a
strategy gives you an
advantage
b. The ability to commit to a
strategy gives your
opponent an advantage
c. The ability to commit to
a strategy is irrelevant
d. Players should simply not
commit to a strategy to
obtain an advantage
/ 2/161
,4/21/25, 9:34 PM UNC MBA 650 Final Exam
Which of the following will b. you redesign your product to be more feasibly accepting of
improve your bargaining many suppliers' parts
position when contracting
with a supplier
a. Your supplier merges
with an another large
supplier of the same
product
b. You redesign your
product to be more
feasibly accepting of many
suppliers' parts
c. You redesign your product
so that your preferred
supplier is more integral
to
product success
d. Your supplier's chief
competitor has exited
the market
Which one of the following b. be forgiving
is a way to get out of a
repeated Prisoner's Dilemma
Nash Equilibrium?
a. Do not be forgiving
b. Be forgiving
c. Punish the competitors
severely forever
d. All of the above
/ 3/161
, 4/21/25, 9:34 PM UNC MBA 650 Final Exam
Two street racers are playing b. both of the players would stop
a
simultaneous game of
chicken. They have to race
towards each other and
whoever swerves first is
chicken and faces shame, a
loss of 8, while the winner
enjoys a gain of
3. If neither stop, they
would crash into each
other, a loss of 10. If both
of them swerve at the
same time, they are both
chicken and face a loss
of 5 each
What would the Nash
equilibrium be in this game?
a. Neither of the players would
stop
b. Both of the players would
stop
c. Player A stops
d. Player B stops
The VP in charge of b. Type II error
product launches
hypothesizes that a
particular product would be
profitable, then launching an
unprofitable product is a
a. Type I error
b. Type II error
c. Type III error
d. Type IV error
Type I errors are b. False Positives
a. False negatives
b. False positives
c. True negatives
d. True positives
/ 4/161
