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3 years ago

"revenues from an unrented hotel room are lost forever" refers to which characteristic of services?

1 answer:

5 0

Perishability of the service sector. Perishability occurs because services cannot be stored for sale in the future. An empty seat in a plane can't be utilized after takeoff; a restaurant will have to serve fresh food because the previous food would be spoilt. There are many factors that causes service capacity perishability but demand seem to be the chief factor. Demand can vary by the season, time, and cycle; it is quite difficult to forecast sales. Once a service is lost, it is forver lost. And this is because like I said earlier most services cannot be stored, saved, retrieved, once they have been un-used. On a bad day, If a hotel manager end up with too many staff or few bookings. This, of course, means that he will be making losses because revenues from his unrented hotel room are lost forever.

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The return on the market portfolio is currently 12%. Mobile Phone Corporation stockholders require a rate of return of 30% and

Triss [41]

Answer:

The risk free will be 3.82%

Explanation:

We post the CAPM formula and how given data

$Ke= r_f + \beta (r_m-r_f)$

risk free ?

market rate 0.12

premium market market rate - risk free ?

beta(non diversifiable risk) 3.2

Ke = 0.3

Now we post the know values and solve for risk free

$0.3= risk-free + 3.2 (0.12 - riskfree)$

$0.3 = risk-free + 3.2 \times 0.12 - 3.2riskfree$

$0.3 = 0.384 - 2.2riskfree$

$0.3-0.384 = -2.2riskfree$

$-0.084/-2.2= riskfree$

risk free = 0.0381818181818182‬ = 3.82%

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3 years ago

If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good X

lys-0071 [83]

Answer:

C) more than 5Y

Explanation:

the opportunity cost of producing 101 units of X = 5 units of Y

if the opportunity costs increase as the number of units produced increases, then the opportunity cost of producing 201 units of X will be more than 5 unit of Y. This is simply because 5 units of Y was the opportunity cost of producing 101 units of X and the opportunity costs are increased.

4 0

3 years ago

As a consumer it is important for you to study management because

bagirrra123 [75]

Answer:

we expect to experience both efficiency and effectiveness when interacting with organizations

6 0

3 years ago

The CEO introduced another overseas effort by noting that it represented an attempt to confront an international competitor. The

ahrayia [7]

The CEO was most likely referring to the following efforts : d) a distribution center established in London to preempt the growth of a British car manufacturer.

Explanation:

The company establishing its trade and investment activities across the national borders is known as international business.

The following are some of the factors of production:

i) Manufacturing infrastructure

ii) Technology

iii) Managerial talent

It is important for a company to take more effort and establish its distribution center overseas to confront the international competitors. In the above scenario, the CEO decided to establish his distribution center in London to block the growth of a British car manufacturer.

7 0

3 years ago

How cash inflow and outflow affects the components of a financial plan

Mrrafil [7]

Budgeting depends on cash inflow and outflow, and how much you have left affects investment decisions, retirement decisions, and financing decisions. ... All financial goals must be reasonable and achievable.

6 0

3 years ago