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A manager of Gregorio Radio Station is facing a problem between competing strategies (both would benefit the company). Specifically, the business has Php 500,000

  

A manager of Gregorio Radio Station is facing a problem between competing strategies (both would benefit the company). Specifically, the business has Php 500,000 to invest the money between 2 options, Classical Media or News Media. You are hired as the consultant. a. How would you approach this problem? b. What would be the best option that you can suggest to the manager of Gregorio Radio Station? Gregorio Radio Station Advertising (in $) 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 Classical No. of Listeners 3,386 4,197 4,773 5,219 5,584 5,892 6,159 6,394 6,605 MC (in $) 2500 5000 7500 10000 12500 15000 17500 20000 22500 Advertising (in $) 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 News No. of Listeners 3,430 3,273 3,095 2,889 2,646 2,348 1,965 1,424 500 MC (in $) 30,000 25000 22500 21000 18500 15000 12000 10000 8000 Total No. of Listeners 6,816 7,470 7,867 8,108 8,229 8,240 8,124 7,819 7,105

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