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g100num [7]
3 years ago
8

What does the hospitality industry contribute to an economy?

Business
1 answer:
inn [45]3 years ago
4 0

Answer:

The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.

Hope this helps :)

You might be interested in
Why do you think fans can be so resistant to hearing stars’ political views? Have you ever changed your opinion about any celebr
marishachu [46]

Answer:

Because we don't want to change the image of perfection that is created upon celebrities.

Yes, I have. When I started hearing Diego Maradona's support claims to the Venezuelan government I changed the view that I have from this man as a great soccer with charisma to a rather naive individual because the hard times that are lived by the people of Venezuela is well known for everybody.

8 0
3 years ago
Blue Inc., a highly profitable consumer goods manufacturing company, invests in a number of social responsibility initiatives th
rewona [7]

Answer:

Virtuous Circle

Explanation:

Virtuous circle occurs when one good events feeds on itself to improve business further. In the question, blue inc. invested in social responsibilities initiative (a good event) which on turn generated profits for the company (improved the business), probably by the event leading them to having more loyal customers.

It is a self propagating advantageous situation in which a successful solution or events leads to more desired results or success. It creates a positive feedback loop, creating goodwill with the customers.

5 0
3 years ago
Keystone predators can maintain species diversity in a community if they
Vikki [24]

Answer:

The options are given below:

A) competitively exclude other predators.

B) prey on the community's dominant species.

C) allow immigration of other predators.

D) reduce the number of disruptions in the community.

E) prey only on the least abundant species in the community.

the correct option is B

Explanation:

Keystone species refers to a predator which prevents a particular herbivorous species from wiping out the dominant plant species. If the number of prey are low, the keystone predators can be less abundant and still be effective. Keystone species have a disproportionately large effect on its environment relative to its abundance.

Therefore, by preying on a community's dominant species, keystone predators help to maintain the species diversity in the community, because they ensure that the dominant predators do not totally wipe out the various organisms present in the ecosystem.

4 0
3 years ago
When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating​
stiv31 [10]

Answer:

accumulating?

Explanation:

3 0
3 years ago
Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them to its chain
Licemer1 [7]

Answer:

AFN (Additional Funds needed) is $ 11.59 Million, Growth rate is 6.87 %.

Explanation:

1) Additional Funds Needed or AFN can be calculated as below=

AFN = (Total Assets / Previous year sales) x Change in Sale -( Liabilities affected by sales / Previous year sales) x Change in Sale - (Projected net income x Retention ratio ) ----- (a)

According to given data in question

Total Assets= 122.5 million

Change in Sales = 70  

Liabilities affected by sales = 17.5

Previous year sales = 375

Projected net income = 445

Putting the above values in equation (a)

AFN = (122.5 / 375) x 70 -( 17.5 / 375) x 70 - 445 x 0.030 x 0.60

AFN = 11.59 million

2) Growth rate : Growth rate formula is given below,

Growth rate = (Total Assets x g) - (Liabilities affected by sales x g ) - Previous year sales ( 1 +g) x 0.3 x 0.60

Growth rate = 6.87 %

3) Proforma Balance Sheet for Upton Computer  is :

Cash                               4.15 Million

Accounts Receivable    30.85 Million

Inventories                      68.83 Million

Total Current Assets      103.84 Million

Net Fixed Assets             41.53 Million

Total Assets                      145.37 Million

Line of Credit-AFN           11.59 Million

Accounts Payable             18 Million

Accruals                              10.09 Million

Total Current Liabilities     50.36

Mortgage Loan                   6 Million

Common Stock                   15 Million

Retained Earning               74.01 Million

Total Current Liabilities & Equity --- 145.37 Million          

3 0
3 years ago
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