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Nadusha1986 [10]
3 years ago
13

FunZone Inc. identified and developed a SmartCard that can be used at fair grounds to make the ticketing process easier. The com

pany found that the existing system was complicated and highly time-consuming. The SmartCard was easy to operate and each swipe would deduct the cost of a ride automatically. According to the given scenario, FunZone has recognized a
Market opportunity T/F
Business
1 answer:
PolarNik [594]3 years ago
8 0

Answer:

True

Explanation:

The concept of market opportunities is not always explicitly used by management specialists when explaining or implementing strategic design processes but is always implicitly present in these analyzes. Not a few authors identify market opportunities with favorable indicators of the variables to consider in the analysis of the environment since they characterize the actions of forces and actors in the environment. These variables can influence organizational action but do not define it and this can lead to, in economic praxis, organizational strategies may be more focused on the "what to do" to achieve the objectives than on the "how to get" to achieve them which leads to the loss of one of the levels of disaggregation of the strategic design and that the objectives are defined in terms of market opportunities, the strategies in terms of objectives and the strategic actions in terms of strategies.

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If a decrease in income increases the demand for a good. True or False
Masja [62]

Answer:

If a decrease in income increase the demand for a good , the good is an inferior good.

An inferior good is a good whose demand falls when income rises and rises when income falls.

Inferior goods have an indirect relationship with income

A normal good is a good whose demand rises when income increases and falls when income falls.

Normal goods have a direct relationship with income.

A substitute good is a good that can be used in place of another good. For example if good A and B are substitutes, if the price of good A increases, it would become more expensive for consumers and consumers would shift to consuming good B. As a result the demand for good B would rise and the quantity demanded of good A would fall.

Complements are goods that are used together. If the price of one of the goods increases, the demand for the other good falls and vice versa.

For example, gasoline and car are complements. If the price of cars fall, people would increase their demand for cars and as result the demand for gasoline would increase.

I hope my answer helps you

Explanation:

3 0
3 years ago
In the past, ___________________ was an important advertising strategy used in movies. Now it is also used with video games. It
Marysya12 [62]

Answer:

venture capital

Explanation:

A venture capitalist is a person or company that provides start-up funding in return for a share in the company's ownership.

5 0
3 years ago
Indirect price discrimination differs from direct price discrimination because a. ​There is no difference between the two b. ​In
forsale [732]

Answer: (b) ​In indirect price discrimination high-value consumers can sometimes still get the low price

Explanation:

Direct price discrimination is based upon the identity of the buyer, while indirect price discrimination involves several offers and achieves price discrimination through customer choices. Two common examples of indirect price discrimination are coupons and quantity discounts.

5 0
3 years ago
Read 2 more answers
You got asked to analyze a 5-year project for your firm. The project produces an annual revenue of $28,000, but requires an annu
irina [24]

Answer:

The interest rate is i = 53.82%

Explanation:

Initail cost = 18.000

Salvage value = 0

Life = 5 years

Annual revenue = 28000

Annual cost = 6000

Net revenue = 28000 - 6000 = 22000

Tax rate = 40%

Depreciation per year = (Purchase value - Salvage value ) / life = 18000 / 5 = 3600

Taxable income = Net cash flow - Depreciation = 22000 - 3600 = 18400

Tax = Tax rate * Taxable income = 0.4 * 18400 = 7360

ATCF = Taxable income - Tax + Depreciation = 18400 - 7360 + 3600 = 10960

Let IRR be i%, then,

-18000 + 10960 * (P/A, i%, 5) = 0

(P/A, i%, 5) = 18000 / 10960 = 1.642336

Using trail and error method

When i = 50% , value of (P/A, i%, 5) = 1.736626

When i = 51% , value of (P/A, i%, 5) = 1.711012

When i = 53% , value of (P/A, i%, 5) = 1.661749

When i = 54% , value of (P/A, i%, 5) = 1.638054

Using interpolation

i = 53% + (1.661749 - 1.642336) / (1.661749 - 1.638054) *(54% - 53%)

i = 53% + 0.819%

i = 53.82%

7 0
3 years ago
RV Company agrees to buy a certain quantity of vintage campers from Sales Inc. Their contract limits consequential damages for l
Aleks [24]

Answer:

consequential damages cover only reasonable foreseeable losses.

Explanation:

  • The contract limits the resulting loss to lost profits from the use of the goods. The limit is not necessarily unconscious because lost profits are not necessarily significant and can be considered as direct or indirect losses.
  • the contract may apply to both the lease and the sale and excluding some from the contract simply because it is a commercial loss makes no sense.
  • so limit is not necessarily unconscionable because consequential damages cover only reasonable foreseeable losses.

4 0
2 years ago
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