Elderly travelers as well as those who are physically challenged find it hard to climb stairs when they are allotted motel rooms which are not on the first floor.The Convenience Inn has succeeded in catering to this specific group of customers via its motels,all of which have one floor of rooms with no stairs to climb.Which of the following refers to The Convenience Inn's success in identifying distinct groups of consumers whose needs,wants,and purchasing behavior differ from others in important ways?A) market penetrationB) market developmentC) market segmentationD) product developmentE) diversification

Answers

Answer 1

Answer:

C) market segmentation

Explanation:

The market segmentation refers to the segmentation of the market i.e division that are depended upon various attributes like the same interested, needs, locations, taste and preferences. It could be behavior, geographical, psychographic, demographic, etc

In the given situation, since Convenience Inn is succeeded in catering to the particular customer groups so this represents the market segmentation


Related Questions

Brick Co. has 170,000 shares of common stock outstanding at January 1, Year 5. On May 1, Year 5, it issued 30,000 additional shares of common stock. Outstanding all year were 12,000 shares of convertible cumulative preferred stock. Each share of the convertible preferred stock, which was dilutive in Year 5, is convertible into one share of Brick's common stock. What is the number of shares that Brick should use to calculate Year 5 diluted earnings per share

Answers

Answer:

the number of shares that Brick should use to calculate Year 5 diluted earnings per share is 202,000 shares.

Explanation:

Diluted Earnings per share takes into account the potential voting rights in the calculation of the Weighted Average Number of Common Stocks Outstanding.

Weighted Average Number of Common Stocks Outstanding Calculation :

Outstanding at beginning of the Year                                         170,000

Issued May 1 : 30,000 × 8/12                                                         20,000

Convertible cumulative preferred stock                                        12,000

Weighted Average Number of Common Stocks Outstanding 202,000

Enter the following transactions in the cash book of Sudhir & sons

Answers

j jl Ulrich upvpici jl ljc

At Polar Sportswear, orders have significantly exceeded projections, and Chris, the operations director, has decided to hire for a third shift in the plant. Chris is clearly operating with the use of a(n) ______ budget.

Answers

Answer:

Variable

Explanation:

As we can see that there is no fixed point that represents there is not a fixed budget also the company not using the zero or cash budget based and the incremental would be used at the time when the demand is in constant

So the option i.e. left is variable budget and hence, the same is to be considered

Therefore the last option is correct

Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you have passed away. They paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a

Answers

Answer:

Fear appeal.

Explanation:

In this scenario, Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you have passed away. In order to buttress their point, they paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a fear appeal.

A fear appeal can be defined as the act of persuading potential customers to change a risky behavior by highlighting adverse or negative consequences that may arise if they do not subscribe to a service or use a particular product. The main purpose of a fear appeal is to cajole people into buying a product or using a service by using their fears as a motivation.

a chord of a circle of radius 5cm subtains an angle of 70°at the centre.calculate the length of an arc

Answers

Answer:

[tex]Length = 6.11\ cm[/tex]

Explanation:

Given

[tex]\theta = 70\°[/tex]

[tex]Radius, r = 5cm[/tex]

Required

Determine the length of the subtended arc

Length of an arc is calculated by;

[tex]Length = \frac{\theta}{360} * 2\pi r[/tex]

Substitute  [tex]\theta = 70\°[/tex] and [tex]r = 5cm[/tex]

[tex]Length = \frac{70}{360} * 2\pi *5[/tex]

[tex]Length = \frac{70* 2\pi *5}{360}[/tex]

[tex]Length = \frac{700 \pi}{360}[/tex]

Take π as 22/7

[tex]Length = \frac{700}{360} * \frac{22}{7}[/tex]

[tex]Length = \frac{700 * 22}{360 * 7}[/tex]

[tex]Length = \frac{15400}{2520}[/tex]

[tex]Length = 6.11\ cm[/tex]

Hence, the length of the arc is approximately 6.11 cm

What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?

Answers

Answer: D

Explanation:

Use the Mutlilevel List Icon

Jack goes to First Copy Center and pays to have 40 copies of a textbook made. Jack then sells the photocopied versions of the book to fellow students for $50 a copy (as opposed to the $85 textbook price). The textbook author learns of this and sues Jack and the copy center. Which statement is correct

Answers

Answer:

Jack and the copy center are both liable to the author

Explanation:

In the scenario that is being described it can be said that Jack and the copy center are both liable to the author. Jack is liable for creating and selling copyrighted material that is not owned by him, while the Copy Center is liable for creating the photocopies of the book for Jack when it was obvious that Jack was planning on selling the copies when he asked for a total of 40 copies to be made.

Find the total amount Suzanne has in a college savings account if $5000 was invested and earned 3% compounded quarterly for six years. Write the answer rounded to the nearest cent. (Three Points)

Answers

Answer:

[tex]A = 598207\ cents[/tex]

Explanation:

Given

[tex]Principal, P = \$5000[/tex]

[tex]Rate, r = 3\%[/tex]

[tex]Time, t = 6\ years[/tex]

[tex]n = Quarterly =4[/tex]

Required

Determine the total amount

This can be calculated by using:

[tex]A = P(1 + \frac{r}{n})^{nt}[/tex]

Substitute [tex]P = \$5000[/tex]    [tex]r = 3\%[/tex]    [tex]t = 6\ years[/tex]     [tex]n =4[/tex]

So;

[tex]A = 5000 * (1 + \frac{3\%}{4})^{4* 6}[/tex]

Convert percentage to decimal

[tex]A = 5000 * (1 + \frac{0.03}{4})^{4* 6}[/tex]

[tex]A = 5000 * (1 + 0.0075)^{4* 6}[/tex]

[tex]A = 5000 * (1.0075)^{4* 6}[/tex]

[tex]A = 5000 * (1.0075)^{24}[/tex]

[tex]A = 5000 * 1.19641352939[/tex]

[tex]A = 5982.06764695[/tex]

Since 1 dollar is equivalent to cents, then the above in cents is;

[tex]A = 5982.06764695 * 100[/tex]

[tex]A = 598206.764695[/tex]

[tex]A = 598207\ cents[/tex] --- Approximated

In the context of the BCG matrix, which of the following businesses would be classified as a dog? a. Bigs Steel, a metal manufacturer that has negligible market share in a slow-growing industry b. Ultimo Phone, a smartphone manufacturer that is the market leader in a rapidly growing industry c. Cleep Sweep, a detergent company that has been earning steady profits in a slow-growing industry d. Brain Cash, a finance company that is struggling for market share in a fast-growing industry

Answers

Answer:

A. Big steel, a metal manufacturer that has negligible market share in a slow-growing industry

Explanation:

Regulation SHO:________. I. requires every sell order to be marked either ""long sale"" or ""short sale"" II. requires every buy order to be marked either ""long purchase"" or ""short purchase"" III. places limits on ""naked"" short sales of equity securities IV. places limits on ""covered"" short sales of equity securities"

Answers

Answer:

I and III.

Explanation:

Regulation SHO is a securities and exchange commission (SEC) rule that is used to regulate "short sale" trading strategies. The main purpose of the "regulation sho" is to prevent unethical and fraudulent behaviors among brokers, investors and traders.

Regulation SHO;

1. Requires every sell order to be marked either "long sale" or "short sale" because it involves the application of a standard uniform rule to all equity securities short sales whether traded over the counter (OTC) or exchange listed.

2. Places limits on "naked" short sales of equity securities such as selling short and not delivering the sales to a short seller on settlement.

Hence, if a sales is short, it is assumed that it can be borrowed and delivered to a short seller by settlement on a specified date.

Additionally, short selling can be defined as an act of borrowing and sales of securities with the expectation that it will decrease in value and then returned to the lender.

Jack and Jill are the only two residents in a neighborhood, and they would like to hire a security guard. The value of a security guard is $50 per month to Jack and $90 per month to Jill. Irrespective of who pays the guard, the guard will protect the entire neighborhood and charge $120 per month for the service.Suppose Jack earns $4,000 per month and Jill earns $8,000 per month. a. With a proportional tax of 1 percent on income, how much would Jack and Jill pay, and would it be enough to pay for the security guard?

Answers

Answer:

Yes their combined contribution of $120 is sufficient to pay the security guard

Explanation:

This is a form of non-rival service that does not get reduced by consumption by one of the parties. The security guard protects the entire neighbourhood.

Also it is a non-excludable service. If one party does not pay he will still enjoy the service.

Based on their income information and the fact that they are taxed 1%

Jack will pay 0.01 * 4,000 = $40

Jill will pay 0.01 * 8,000 = $80

The total sum is 40 + 80 = $120

As the security guard requires $120 to do the job, their contribution is sufficient.

However the value to Jack is $50 and he pays $40 so he has an excess value of $10

Jill gets a value of $90 but pays $80, so she gets an excess value of $10

With any form of exploratory research, the usefulness of a technique for generating insights depends on the _____________ of the analysis. a. depth and breadth b. subjectivity and maturity c. quality and objectivity d. cost and duration

Answers

Answer: Quality and objectivity

Explanation:

One of the vital item to look out for in a research topic is the quality of topic, this is what will generate a great insight and probably get the attention of the reader. Another item that plays a great role in subjects as such as this is the objective or the aim of the topic; what direction the topic is aimed at and what's to be achieved by doing writing on that topic.

There are many restaurants in the city of Charleston, South Carolina, each one offering food and services that differ from those of its competitors. There is also relatively free entry of sellers into the market, and each seller serves a very small fraction of the total number of meals served each day. The restaurant industry in Charleston is best categorized as:

Answers

Answer: monopolistically competitve

Explanation:

Monopolistic competition is an industry whereby there are many firms that offer identical products or services but it should be noted that they are not perfect substitutes.

There is a low barriers to entry and exit and other competitors aren't directly affect by the decision of another producer. Based on the above scenario, the restaurant industry in Charleston is best categorized as monopostically competitive.

The ____________ of a business firm is the system that details lines of authority, responsibility, and position, similar to the structure on organization charts.

Answers

Answer: formal organization

Explanation:

In a formal organization setting, there are laid out rules, practices, functions and goals, which are based on the power one possesses in the organization and also on the division of labor.

It is constructed in a way to show the responsibility and position of every person in an organization.

Sanchez Inc. reported the following on the company's cash flow statement for 20Y7: Net cash flow from operating activities $500,000 Net cash flow used for investing activities (200,000) Net cash flow used for financing activities 150,000 Thirty percent of the cash flow used for investing activities was used to purchase property, plant, and equipment. What is the free cash flow for 20Y7?

Answers

Answer: $440,000

Explanation:

From the question, we are informed that the net cash flow from operating activities is $500,000, the net cash flow used for investing activities is (200,000) and that the net cash flow used for financing activities 150,000. We are further told that thirty percent of the cash flow used for investing activities was used to purchase property, plant, and equipment.

The free cash flow for 20Y7 will be:

= $500,000 - ($200,000 × 30%)

= $500,000 - ($200,000 × 0.3)

= $500,000 - $60,000

= $440,000

In one year, Hitech Microdevices will pay a common stock dividend of $4.35. You predict that you will be able to sell your Hitech stock for $57 per share after 1 year. If you require a rate of return of 16 percent on Hitech stock, how much would you be willing to pay now for a share of the stock?

Answers

Answer:

Price to be paid now = $52.89

Explanation:

The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.

The stock would be held for just a period, hence we would use the single period return model. This is given as follows:

Price now  = D/(1+r) + P×(1+r)

Dividend , r - rate of return, P -year-end price of stock

Dividend = 4.35, r-16%, P- 57

Price = 4.35/(1.16)  + 57/(1.16)= $52.89

Price to be paid now = $52.89

Phillippe invested $1,000 ten years ago and expected to have $1,800 today. He has not added or withdrawn any money from this account since his initial investment. All interest was reinvested in the account. As it turns out, he only has $1,680 in his account today. Which one of the following must be true?a) He earned simple interest rather than compound interest.b) He did not earn any interest on interest as he expected.c) He ignored the Rule of 72 which caused his account to decrease in value.d) He earned a lower interest rate than he expected.e) The future value interest factor turned out to be higher than he expected.

Answers

Answer:

d) He earned a lower interest rate than he expected

Explanation:

Data provided in the question

Invested amount ten years ago = $1,000

Expected amount = $1,800

Today amount = $1,680

Based on the above information,

Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800

And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate

hence, correct option is d.

Which example below best describes a longitudinal design in a descriptive research project? A. A panel that consists of households that provide purchasing information at specified intervals over an extended period. B. Surveys involving 600 mall intercepts in six major cities to determine the likes and dislikes of health food. C. A variety of promotional offers would be displayed in stores, with each group of customers seeing only one offer and the resulting brand sales determined. D. None of the above

Answers

Answer:

A. A panel that consists of households that provide purchasing information at specified intervals over an extended period

Explanation:

Longitudinal design in research is a method that involves repeated examination of the same variables over a short or long term to see if there is any changes that occur.

A fixed sample is measured repeatedly to gain information.

A panel that consists of households that provide purchasing information at specified intervals over an extended period, is an example of longitudinal design.

The fixed sample is the panel of households, and they repeatedly provide purchasing information.

So the same sample is measured continuously over a period of time

The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the accounting records for the _______ account.

Answers

Answer:

Cash account

Explanation:

The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the accounting records for the Cash account.

The comparisms of the bank deposit to the journal by the controller who is the organization's lead accountant

in banking or financial institution is necessary so that accounting record are in order, by making sure that bank deposits are placed into a deposit account, so that it can matches accounting record for cash account. It should be noted that cash account are controlled by Federal Reserve's Regulation.

If a perfectly competitive firm finds that the price exceeds its ATC​, then the firm A. will lower its price to increase its economic profit. B. is earning zero economic profit. C. will raise its price to increase its economic profit. D. is earning an economic profit. E. is incurring an economic loss.

Answers

Answer:

D. is earning an economic profit

Explanation:

When the price exceeds its average total cost (ATC) so the perfectivity competitive firm would be earned the positive economic profit in the short run

As we know that

Profit = Total revenue - Total cost  

= PQ - ATC ×Q

= Q × (P - ATC)

Now if the price is more than the ATC so it would lead to positive profits

Hence, d option is correct

Lewis works in a marketing firm and is assigned a very energetic team however lately has not experienced much growth in his career what can he do to boost his career growth? A. always ask for more resources during difficult times. B. ask for a different team to work with. C. offer creative solutions to problems during team discussions. D. post derogatory messages about the company on social media.

Answers

Answer:

C

Explanation:

The correct option would be to be offering creative solutions to problems during team discussions.

Offering creative solutions to problems will raise the general performance of the marketing team which will eventually rub off on the career of Lewis himself. The higher the performance of the marketing team, the more growth the career of Lewis would experience.

Asking for more resources or different teams to work with might not solve any problem and worse still, might not be sustainable. Posting derogatory messages about the company on social media is definitely a good way to go down career-wise.

Correct option: C.

Transformational leaders: Group of answer choices Follow what top management sets as its goals for the organization Connect the follower's behavior to the collective identity of the organization Causes change in individuals and social systems Empower employees to act based on their ethical goals and values

Answers

Answer:

Causes change in individuals and social systems

Explanation:

Transformational leaders causes change in individuals and social systems

If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency into the banking system, and banks have a desired reserve/deposit ratio of 0.10, then the banks will eventually make new loans totaling ______ and the money supply will increase by _______.

a. 9,000; 10,000
b. 9,000; 9,000
c. 10,000; 9,000
d. 10,000; 10,000

Answers

Answer:

a. 9,000; 10,000

Explanation:

The computation is shown below:

The money multiplier is

= 1 ÷ 0.10

= 10

Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.

And now if we considered the money multiplier, so it would be increased by

= $900 × $10

= $9,000

And, the increase in money supply is

= $9,000 + $1,000

= $10,000

Hence, the correct option is a.

For years, the world had used the country of Votnam as a place to assemble goods because of the country's availability of cheap labor. To shift its manufacturing base from simple assembly to full-fledged manufacture of components and finished goods, Votnam introduced a policy that 35 percent of the value of a product must be produced locally. This is an example of a(n) Group of answer choices

Answers

Answer:

Local content requirement.

Explanation:

In this scenario, for years, the world had used the country of Votnam as a place to assemble goods because of the country's availability of cheap labor. To shift its manufacturing base from simple assembly to full-fledged manufacture of components and finished goods, Votnam introduced a policy that 35 percent of the value of a product must be produced locally. This is an example of a local content requirement.

A local content requirement can be defined as a measure or strategic policy put in a place by a government to ensure that there's a balance in the level of production through the use of domestically sourced raw materials. It is focused on promoting sustainable economic development in a particular country through the application of various raw materials acquired locally or within the country.

Generally, local content requirement helps to promote and enhance export rather than importation.

Design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process. Understanding which variables affect outcome is a very important part of quality planning.

Answers

Answer:

True.

Explanation:

Design of experiments can be defined as a systematic approach used to determine the relationship between factors (variables) affecting a process and its overall outcome or end result.

Generally, design of experiments involves the process of planning, conducting, evaluating and interpretation of controlled data to yield valid and objective outcomes.

Hence, design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process.

This ultimately implies that, in order to achieve greater success and optimum level of output in an organization; design of experiments can be used to find cause-and-effect relationships of a process.

In conclusion, understanding which variables affect outcome is a very important part of quality planning.

Record and analyze installment notes (LO9-2)
[The following information applies to the questions displayed below.]
On January 1, 2021, Stoops Entertainment purchases a building for $420,000, paying $100,000 down and borrowing the remaining $320,000, signing a 7%, 20-year mortgage. Installment payments of $2,480.96 are due at the end of each month, with the first payment due on January 31, 2021. Problem 9-1B Part 1 Required: 1. Record the purchase of the building on January 1, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Required information Journal entry worksheet Record the purchase of the building. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021.

Answers

Answer:

January 1, 2021, building purchased

Dr Building 420,000

    Cr Cash 100,000

    Cr Notes payable 320,000

Explanation:

The building account (asset) must be recorded at the purchase cost. The mortgage is considered a note payable (long term liability), while the cash account (asset) decreases, therefore, it must be credited.

what influences the costumer when she or he is deciding whether to buy a product

Answers

Answer:

Price

Explanation:

While there could be more than one factor that influences a customer's decision to buy a product, the underlining factor that has the most weight with regards to decision making is the price.

If a customer wants to buy a jacket that costs $4.99 and sees another store selling a jacket of the same quality or even less quality at $3.50, he is likely to buy the cheaper one in order to save some extra cash. It is linked with the purchasing power of the customer.

LEAP Communications Technology has subsidiaries in each country in which it does business. As the parent company, LEAP runs its research and development department from its home country. As a result, each foreign subsidiary remains dependent on it for new products, processes, and ideas. This illustrates the _____ model for global strategy.

Answers

Answer:

International.

Explanation:

This can be explained to be the strategies and plans that a business has put in place to mark bedrocks that his business is strong to ply its trades across the borders of its home country.

This is seen to occur in past decades, even smaller companies have been able to cross national borders and do business abroad. In as much as there have been conditions that have been given to companies operating in multiple nations across the globe which ranges from multinationals, global businesses through transnational companies, international firms too. This is why LEAP communications in the context above as the parent company, LEAP runs its research and development department from its home country.

Economic profit in the long run is: Group of answer choices possible for both a pure monopoly and a pure competitor. possible for a pure monopoly but not for a pure competitor. impossible for both a pure monopolist and a pure competitor. only possible when barriers to entry are nonexistent.

Answers

Answer:

possible for a pure monopoly but not for a pure competitor

Explanation:

The economic profits are the profits in which the firm could be earned by the market power

As we know that in the perfect competition there is a freedom for entry and exit to the markets and also in this no market power due to which its profits are zero

Therefore it should be possible for the pure monopoly, not the pure competitor

Hence, option b is correct

Adams is the executive partner of Adams & Co., CPAs. One of its smaller clients is a large nonprofit charitable organization. The organization has asked Adams to be on its board of directors, which consists of a large number of the community’s leaders. Membership on the board is honorary. Adams & Co. would be considered to be independent

Answers

Answer:

As long as Adams does not perform or give advice on management functions

Explanation:

With regard to the above and in addition to Adams not performing or giving advice on management functions, he will be independent so long his membership on the board is purely honorary, s(he) is identified as an honorary director in all the company's letter head and externally circulated materials; where s(he) is named as a director or trustee and does not vote or participate in any management functions. He may however give advice to the organization as a member of the board when such is required.

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