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Dominik [7]
3 years ago
6

What is a significant factor to consider when marketing a business in the hospitality and tourism industry?

Business
1 answer:
EastWind [94]3 years ago
3 0

Answer:

A

Explanation:

In the hospitality business you would be focusing on the customers needs first. Therefore you would try and accept the form of payment that is easiest for them.

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Business portfolio analysis is defined as the process in which management __________.
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<span>Assesses the attractiveness of an SBU's market and the strength of its position in the market.</span>
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Holmes Company produces a product that can be either sold as is or processed further. Holmes has already spent $60,000 to produc
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Answer:

Holmes should sell process the product further, because the profit if process further is higher than sell product now.

Explanation:

Net profit if sell product now is $37,500 ( = sales to another manufacturer $97,500 – already spent $60,000)

Sales as in process further/ Incremental Accounting

Sales: $695,125 (=$415 x 1,675 units)

Additional Process costs: $485,570 (=$290 x 1,675 units)

Net profit if process further = total sales $695,125 – already spent $60,000 – additional process cost $485,570 = $149,555, higher than profit $37,500 if sell now.

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What is the main advantage of being a sole proprietorship
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First Simple Bank pays 6.4 percent simple interest on its investment accounts. If First Complex Bank pays interest on its accoun
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Answer:

i =0.050713..     or

approximately \ 5.0713..\%

Explanation:

Assume an investment of $1.00

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Amount after 6 years = 1 + PRT

= 1 + 1(0.064)(10)  

= 1.64

 

Complex Bank:

1*(1+i)^{10}  = 1.64

Take 10th root of both sides

( (1+i)^ {10})*(\frac{1}{10} ) = 1.64^{\frac{1}{10}}

1+i = 1.050713..

i =0.050713..

or

approximately \ 5.0713..\%

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