Grace Electronics recently rolled out a wearable personal music device. Within 90 days of launch reports of faulty battery leads overheating reached the company’s executives; in one case, a child suffered burns on his neck. Match each item in their strategic response plan with the appropriate stage in the process: 1. Stage 1 Customers who elected to receive a refund are sent a check while those who wanted the improved player receive a new player with a full warranty 2. Stage 2 Company launches a public information campaign notifying consumers of the recall 3. Stage 3 Company pulls the product from their retail stores and web site 4. Stage 4 Company decides if a recall is necessary and how to best proceed 5. Stage 5 Company engineers design a new battery housing using heavier gauge wire 6. Stage 6 Consumers who registered their product receive postage-free boxes to return defective players

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.