Two computer firms, A and B, are planning to market network systems for office information management. Each firm can develop either a fast, high-quality system (High), or a slower, low-quality system (Low). Market research indicates that the resulting profits to each firm for the alternative strategies are given by the following payoff matrix:a. If both firms make their decisions at the same time and follow maximin (low-risk) strategies, what will the outcome be?b. Suppose that both firms try to

Computer Software | Definition, Types & Examples

FDA Computer System & Software Validation - What You’ve Known For 20 Years Is Changing