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il63 [147K]
3 years ago
11

A study of the potential demand for a new hospitality and travel business is called? strategic alliance

Business
1 answer:
Ymorist [56]3 years ago
3 0

Answer:

Situation  analysis

Explanation:

situation analysis is an analysis done before the start of a business and it is a part of a business plan. it includes an analysis of the firm's abilities, its potential customers, potential competitors and economy

Market analysis is the analysis of the market of a good. Market analysis includes :

  • analysis of the customers and their purchasing patterns
  • analysis of competitors
  • an analysis of the economy

A SWOT analysis is an analysis of a firms strengths, weaknesses, and opportunities

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An increase in the price of a good causes a decline in demand for A. inferior goods. B. its substitutes. C. normal goods. D. its
ivolga24 [154]

Answer:

D. its complements.

Explanation:

A complement is a good or service used in conjuncture with another good. Therefore, if there is a decrease in the demand for a particular good, its complements will also see a decrease in demand. By the general supply and demand rule, an increase in the price of a good causes a decline in its demand and, therefore, causes a decline in demand for its complements.

6 0
3 years ago
Which of the following is correctly matched? Select one: a. equilibrium - balance of inputs and outputs b. steady state equilibr
Kruka [31]

Answer:

The correct answer is d. All of these are correctly matched.

Explanation:

In economics, an economic equilibrium is a state of the world in which economic forces are balanced and in the absence of external influences the values of economic variables do not change. It is the point at which the quantity demanded and the quantity offered are equal. A market equilibrium, for example, refers to the condition in which the market price is established through competition so that the amount of goods and services desired by buyers is equal to the amount of goods and services produced. by the sellers. This price is usually called the equilibrium price and tends to remain stable as long as demand and supply do not vary.

8 0
3 years ago
Explain your understanding of the closing process by choosing the correct statements below. (Check all that apply.) Multiple sel
elena55 [62]

Answer:

Resets the balances to zero

6 0
3 years ago
The point when the company makes exactly enough money to pay for itself, without making extra as a profit, is the ____________ p
Semmy [17]

It's the break even point. It means where your expenses are paid by your income.

Startup should be a long way in the past. Startup money is how much it takes to get the business off the ground.

Tax doesn't apply. Tax money is what the business has to pay. In this case, it is probably nothing because they are not making anything above expenses.

Legal is not applicable either. It usually refers to a law suit.

7 0
3 years ago
Read 2 more answers
The maximum fine for a first non-driving alcohol-related offense of possession or consumption of alcohol by a minor is? $1,500 $
White raven [17]

The maximum fine for a first non-driving alcohol-related offense of possession or consumption of alcohol by a minor is $500. Option C

This is further explained below.

<h3>What is minor?</h3>

Generally, A person who has not yet reached the age of majority is considered a minor under the law. While the legal age of the majority varies by country and context, it is typically 18 years of age.

An amount that must be paid as restitution for an infraction The driver was required to make a monetary payment for the speeding ticket. Furthermore, forfeiture or penalty is paid to an injured party in a civil lawsuit where that party was found to be at fault. it may also be: a settlement reached in a made-up lawsuit that serves as a method of transferring property ownership.

In conclusion, Option C imposes a maximum punishment of $500 for a first offense of underage alcohol possession or consumption that does not include driving.

Read more about minor

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7 0
2 years ago
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