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77julia77 [94]
3 years ago
9

Squeaky Clean Car Wash has a goal of increasing its repeat customers by 30% over the next year. It began by looking at ways to s

upport this goal and discovered there is a high turnover rate for wash attendants. This is a weakness, as customers rarely see a familiar face to continue a relationship with on return trips. Another discovery is that a new car wash has opened two blocks away with additional services like a frequent cleaner card. Squeaky Clean has just conducted a:(A) mission statement analysis(B) marketing objective analysis(C) situation analysis
Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

C) situation analysis

Explanation:

Situation Analysis are methods used by managers to evaluate their internal and external environment to understand challenges faced by the business, and opportunities to exploit.

At Squeaky Clean was a situation analysis was done and it was discovered that high turnover of wash attendants was affecting customer confidence in their business (internal environment).

Also a competitor had an additional service, that is frequent cleaner card (external environment).

The management will use this information to better serve their customers, so that they would achieve their goal of increasing its repeat customers by 30% over the next year.

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Which sentence in the given text describes an element of the marketing mix that could help
vredina [299]

Answer:

C

though all had the 4p elements only c had a chance to build the business

8 0
3 years ago
12. A food handler notices that the water temperature of the sanitizing solution is too low. Should the food handler use the san
N76 [4]
<h2>No the food handler should use new sanitized water.</h2>

Explanation:

  • When the temperature of the water of the sanitizing solution is low, it means that there is more chance of "bacteria being present in the water".
  • So this bacteria can go and affect the food and when the living being intake the food, there is a possibility for illness.
  • How sanitizing hand is important, it is that equal important to sanitize the pans to "stay healthy".
  • So, "the water should be poured out and new water containing the sanitizing solution should be used".
8 0
3 years ago
Cost of Debt KatyDid Clothes has a $150 million (face value) 30-year bond issue selling for 104 percent of par that carries a co
Ivahew [28]

Answer:

the annual pre-tax cost of debt is 10.56%

Explanation:

the beore-tax component cost of debt will be the actual market rate of the bonds, as they offer an interest rate of 11% but are selling at 104 points not at par thus, there is a difference between the rates.

We solve for the rate which makes the coupon and maturity 104

with excel or a financial calculator

PV of the coupon payment

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 5.500 (100 x 11%/2)

time 60 (30 years x 2 payment per year)

rate <em>0.052787474</em>

5.5 \times \frac{1-(1+0.0527874736258532)^{-60} }{0.0527874736258532} = PV\\

PV $99.4338

PV of the maturity

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   100.00

time   60.00

rate  <em>0.052787474</em>

\frac{100}{(1 + 0.0527874736258532)^{60} } = PV  

PV   4.57

<em><u>Adding both we should get 104 which is the amount the bonds is selling:</u></em>

PV coupon $99.4338 + PV maturity  $4.5662 = $104.0000

The rate is generated using goal seek or wiht a financial calculator.

This rate is a semiannual rate, so we multiply by 2 to get the annual cost of debt:

0.052787474 x 2 = 0.105574947

The cost of debt for the firm is 10.56%

5 0
3 years ago
Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t
aev [14]

Answer:

The correct option is C

Explanation:

Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.

So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal  merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.

3 0
3 years ago
The Adams Company is closely held and, therefore, cannot generate reliable inputs with which to use the CAPM method for estimati
tino4ka555 [31]

Answer:

the cost of internal equity is 16.17%

Explanation:

The computation of the cost of internal equity is shown below:

= Yield of the bond + risk premium of the firm

= 10.28% + 4.95%

= 16.17%

Hence, the cost of internal equity is 16.17%

Basically we add the two things so that the cost of internal equity could be determined

5 0
3 years ago
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