1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lesya692 [45]
3 years ago
15

Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. The motel’s name was included in news c

overage of the death, resulting in negative publicity. Also, since the incident, the motel has not been able to rent out the room where the dead guest stayed. What should Dave and Betsy do with this information?
Business
2 answers:
Vesna [10]3 years ago
5 0

Answer:

C. Develop a crisis plan that includes a notification system, so anyone using the lake can notify Kozy Korner of an emergency, and a supply of rescue equipment like ropes.

Explanation:

Here is the full question:

"Management at Work Dave Nofgren and Betsy Muller-Nofgren run Kozy Korner, a bed-and-breakfast near Big Lake and several other lakes that are popular fishing spots. The mission of Kozy Komer is to be the most comfortable, most convenient place to stay in the Big Lake area. Dave and Betsy feel very fortunate to have been able to make a living doing something they love: meeting interesting guests and living by the lake.

There are two tourist seasons in the Big Lake area, one in the summer for open water fishing and another in the winter for ice fishing. The higher the occupancy rate, the more profitable Kozy Korner is. Empty rooms mean lower profits. For the past several years, Kozy Korner has experienced an average 80 percent occupancy in the summer and 60 percent occupancy in the winter. Dave and Betsy are setting goals and making plans for their business.

Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. The motel's name was included in news coverage of the death, resulting in negative publicity. Also, since the incident, the motel has not been able to rent out the room where the dead guest stayed. What should Dave and Betsy do with this information?

A. Set a stretch goal that no guests will fall through the ice or suffer any other misadventure.

B. Ignore the possibility that a guest could have an accident since it is the guest's responsibility to stay safe outside the bed-and- breakfast's premises.

C. Develop a crisis plan that includes a notification system, so anyone using the lake can notify Kozy Korner of an emergency, and a supply of rescue equipment like ropes.

D. Set aside a rainy day fund in case an incident causes Kozy Korner to suffer bad publicity and occupancy rates fall."

Accidents can happen at anytime and this can be occasionally from time to time. When they do, they are usually unplanned. As such, Dave and Betsy cannot prevent them from happening. Hence, it is not option A

Whilsts it is the guest's responsibility to stay safe, Dave and Betsy cannot ignore the possibilty as any further accident increases the negative publicity they already have. Hence, option B is not economically wise

Option D is better than options A and B but it does not provide a viable solution to the negative publicity

With option C, Dave and Betsy actually provide a contigency plan in case any accident happens. Every business venture must have a contigency plan in place in the case of emergencies. <u>Hence, option C is the proper response of Dave and Betsy </u>

kaheart [24]3 years ago
3 0
They should sell the info and make that cash cash money
You might be interested in
A monthly fixed rate mortgage payment
elena55 [62]
B, it's a steady mortgage rate that won't change.
3 0
3 years ago
Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why the
Sidana [21]

Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.

Explanation:

Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.

When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.

6 0
3 years ago
Consumers in Georgia pay twice as much for avocados as they do for peaches. However, avocados and peaches are equally priced in
Ugo [173]

Answer: Explanation:

The marginal rate of substitution of peaches for avocados is the maximum amount of avocados that a  person is willing to give up to obtain one additional peach. When consumers maximize utility, they set their MRS equal  to the price ratio,  Pp/PA

where ,

P p  is the price of a peach and

PA is the price of an avocado.

In Georgia,  avocados cost twice as much as peaches, so the price ratio is ½ , but in California, the prices are the  same, so the price ratio is 1. Therefore, when consumers are maximizing utility (assuming they buy  positive amounts of both goods), the marginal rates of substitution will not be the same for consumers  in both states. Consumers in California will have an MRS that is twice as large as consumers in Georgia.

4 0
3 years ago
Depending on the style of the wedding gown dash– and the size of the bride dash– a wedding dress​ custom-designed and sewn in​ j
Step2247 [10]
<span>These would be the variable costs. Since the dress uses up to a specified amount of each of these elements, the costs can vary depending on the size of the gown and the person wearing the gown. Variable costs, unlike those that are fixed, are able to change based upon outside factors.</span>
5 0
3 years ago
Which financial institution is known as a cooperative association?
Serhud [2]

Answer:

<em>Credit Unions</em><em> </em>is known as a cooperative association.

hope it helps!

5 0
3 years ago
Other questions:
  • A manufacturer of a brand of high-end hiking boots and specialized athletic shoes has hired your agency to run a print campaign.
    12·1 answer
  • Weisbro and Sons common stock sells for $24 a share and pays an annual dividend that increases by 4.9 percent annually. The mark
    8·1 answer
  • Saving and loans associations are not subject to federal regulations
    5·1 answer
  • Which of the following motivating forces have the strongest performance effect? Group of answer choices difficult goals high lev
    7·1 answer
  • Emily Turnbull, president of Aerobic Equipment Corporation, is concerned about her employees' well-being. The company offers its
    6·1 answer
  • Rooftop International, Inc. buys insurance against host government takeover when investing in foreign countries. This is an exam
    13·1 answer
  • Wright Machinery Corporation manufactures automobile engines for major automobile producers. The engines sell for $910 per engin
    8·1 answer
  • Which one of the following is a leakage from circular flow of income?
    14·1 answer
  • How can part-time or temporary work help you explore career choices?
    10·1 answer
  • Question text
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!