Eclipse Enterprise - Oriental Enterprise and Oriental Enterprise - Eclipse Enterprise are rivals operating in the same market segment. These organizations adopt various strategies, X, Y, and Z in order to outdo each other. The following table gives the respective payoff and the respective expenses involved on account of following a particular strategy. For example, if Oriental Enterprise - Eclipse Enterprise adopts strategy X and Eclipse Enterprise- Oriental Enterprise adopts strategy Y, then Oriental Enterprise- Eclipse Enterprise gains Rs. 16000 while Eclipse Enterprise - Oriental Enterprise loses Rs. 16000. In addition to this, Eclipse Enterprise - Oriental Enterprise and Oriental Enterprise- Eclipse Enterprise also have to incur the expenses for the strategy adopted.
1
If Oriental Enterprise - Eclipse Enterprise adopts strategy Z, what strategy should Eclipse Enterprise - Oriental Enterprise adopt in order to minimize Oriental Enterprise - Eclipse Enterprise gain, regardless of what its own gain will be?
2
If Eclipse Enterprise - Oriental Enterprise adopts strategy X, which strategy should Oriental Enterprise - Eclipse Enterprise adopt for maximum gains?
3
If Oriental Enterprise - Eclipse Enterprise adopts strategy Z, which strategy should Eclipse Enterprise - Oriental Enterprise adopts in order to minimize its losses?
4
If Eclipse Enterprise - Oriental Enterprise adopts strategy Y, what is the maximum gain of Oriental Enterprise - Eclipse Enterprise?
5
If Eclipse Enterprise - Oriental Enterprise adopts strategy Y, which strategy should Oriental Enterprise - Eclipse Enterprise adopt for maximum gains?
