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Dmitry_Shevchenko [17]
3 years ago
11

Owner of JavaJoint: Over the past year, the coffee store has become a daily hang-out for more and more teenagers. Many of our ad

ult customers do not appear comfortable with this kind of crowd and some of them have told me that they will no longer stop here for a coffee drink. Since my goal is to maximize our revenue, I want you to discourage teenagers from coming here and start cultivating a more adult crowd.
Store manager: Are you sure? On average, each teenager spends just as much as the average adult does, and we have far more new customers than we have lost over the past year.
The store manager responds to the owner by _____
(A) questioning the veracity of owner’s evidence
(B) arguing that it would be difficult to implement the owner’s directive
(C) offering new evidence implying that the status quo is not incompatible with the owner’s goal
(D) demonstrating that the average teenage customer is as profitable as the average adult customer
(E) offering new evidence refuting that presented by the owner
Business
1 answer:
lys-0071 [83]3 years ago
6 0

Answer:

(C) offering new evidence implying that the status quo is not incompatible with the owner’s goal

Explanation:

Considering that the main goal of the owner is to maximize his revenue, the store manager provides evidence that shows that the teenagers spend the same amount that the average adult and that the store is getting more new customers that the ones that have lost which indicates that the situation they are having is making the store to go in the direction of achieving his goal.

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True, A  lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible. Otherwise, the errors in the estimation get compounded.

What does market size actually mean?

  • The total number of prospective customers for a good or service inside a certain market, along with the potential revenue from those sales, make up the "market size."
  • For a number of reasons, it's critical to determine and comprehend market size.

What is an example of market size?

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1 year ago
Research shows that most managers have characteristics that fall into two or three decision-making styles, and that decision-mak
Alex787 [66]

Answer:

False

Explanation:

There are 3 main decision making styles that most of us have regarding our normal day to day activities that includes our work and our personal lives, e.g. families and individual decisions. They are consumer, business, and personal decision making styles.

But managers, and specially true leaders have it a little more complicated. The four main decision making styles that apply to leaders are:

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The second part of the question is true; this leadership styles vary across countries, occupations and job levels.

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A simple purchase on the Internet will not require which function?
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A. Multiple password changes and verifications

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The key movements via are to increase the economy consist of a decreased bargain fee, buying government securities, and a decreased reserve ratio.

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When GDP in a kingdom is growing too fast, inflicting inflation to grow past a suited charge of two%, central banks will put in force a contractionary economic coverage. The Federal Reserve, or any principal financial institution, has three primary pieces of equipment to reduce the money supply.

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