Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.
Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.
For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.
The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.
Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.
Learn more about sociocultural here:brainly.com/question/24769813
Answer:
a. $80
Explanation:
investment made $24,000,000
Return required at $1 per 1,000 $24,000
Number of rooms 300
Room rent should be = $24,000 / 300
= $80
Therefore, The price of a room night be at the High Towers Center should be $80.
Answer:
Oligopoly
Explanation:
Oligopoly is simply defined as the situation in which more than two firms own/control the largest market share, while other smaller firms contend for the remaining share of the market.
For better understanding;
- Monopoly: one firm owning/controlling the largest market share.
- Duopoly: two firms own/control the largest market share.
- Oligopoly: more than two firms own/control the largest market share.
In this type of competition (Oligopoly), the smaller firms survive by offering unique features in their products and services while some offer cheaper prices for their products and services.
Answer:
The consumer is the one who pays to consume the goods and services produced.
Explanation:
As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation
Plants employ photosynthesis to convert water, sunshine, and CO2 into oxygen and simple sugars that the plant may use as fuel. It is it important to add fertilizer to some soils because fundamental producers serve as the foundation of an ecosystem, fueling the subsequent trophic levels.
<h3>What is the photosynthesis process?</h3>
In the photosynthesis process, plants absorb carbon dioxide (CO2) and water (H2O) from the air and soil during photosynthesis. Water is oxidative within the plant cell, which means it loses electrons, but carbon dioxide is reductive, which means it receives electrons.
This converts water to oxygen and nitrogen to glucose. Photosynthesis is often used by plants to transform water, sunlight, and CO2 into oxygen and simple carbohydrates that the plant may utilize as fuel.
Therefore, Some soils require nutrients because basic producers contribute as the base of an ecosystem, feeding succeeding trophic levels.
Learn more about the photosynthesis, refer to:
brainly.com/question/1757345
#SPJ1
