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HELP ASAP! A, B and C are car manufacturer. The market segment, i.e. car clients, in 2022 are owned 50% by A, 30% by B,
HELP ASAP!
A, B and C are car manufacturer. The market segment, i.e. car clients, in 2022 are owned 50% by A, 30% by B, and 20 % by C. Due to marketing strategy of each, each year A will lose its client: 20% to B and 30% to C, while B will lose its client: 10% to A and 50% to C, and C will lose its client: 40% to A and 10% to B. (a). Write the matrix multiplication to show the composition for ownership of clients by A,B, and C (b). What is the composition of client ownership among A, B, & C in year the beginning of year 2024? (c). Using, software program, or otherwise, what would be the prediction of composition of their client likely to end?
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