Answer:
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Explanation:
Answer:
$80
Explanation:
The computation of the price of a room night is given below:-
Investment made = $24,000,000
Return required at $1 per 1,000 = $24,000
Number of rooms = 300
Price of Room rent = Return ÷ Number of rooms
= $24,000 ÷ 300
= $80
Therefore for computing the room price of room rent we simply divide the number of rooms by return required.
Answer:
sole proprietorship
Explanation:
sole proprietorship is a type of business which is owned and managed by one person and there is no legal difference between owner and business entity itself.
Since in this case business is under the name of Jim, it is sole proprietorship under the law
Answer:
B. product concept development; marketing strategy development
Explanation:
Product concept development is the stage at which a lot of product ideas are generated, and new product are screened with the purpose of identifying good ideas and discarding poor ones on time. The new product concepts are then tested at this stage with a group of target consumers in order to discover the concepts with strong consumer appeal.
After product concept development, strong concepts proceed to marketing strategy development which, based on the product concept, is the stage at which an initial marketing strategy for a new product are designed.
