Essay About Successful Race Car Driver And Aquine Watch Company

Using Probability Distribution in Research Simulation
Using Probability Distribution in Research Simulation
MEMO
TO: CEO
Gloria DeRouesselle
DATE: May 4, 2011
RE: Using Probability Distribution in Research simulation
Mr. Howard, the purpose of this memo is to inform you of the reason for declining sales; new business opportunities and a new strategic goals to stabilize and turn sales upward. Marketing and advertising products is crucial and the foundation to achieve success. When products are not marketed properly, the outcome could be disastrous for revenue and damaging to the firms reputation, brand and eventually lead to consumer disappointment. Aquine Watch Company hired a one of the fastest and most successful race car driver to advertise their product. The race car driver was well known and his popularity was at an all time high and she was named the Ambassador for the company. Sales were normally checked before and after a race to determine how winning the race would impact sales. However, when the CEO, Howard Gary view the sales report, he notice that