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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
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4 0
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Answer:

The correct answer is D: neither frictional nor structural unemployment

Explanation:

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Structural unemployment is a longer-lasting form of unemployment <u>caused </u>by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. The unemployed workers may lack the skills needed for the jobs, or they may not live in the part of the country or world where the jobs are available. Structural unemployment can last for decades and may need radical change to redress the situation.

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Frictional unemployment is the time period between jobs when a worker is searching for or transitioning from one job to another. It can be voluntary based on the circumstances of the unemployed individual. Frictional unemployment exists because both jobs and workers are heterogeneous, and a mismatch can result between the characteristics of supply and demand. Such a <u>mismatch can be related to skills, payment, work-time, location, seasonal industries, attitude, taste, and a multitude of other factors.</u>

There is always at least some frictional unemployment in an economy. Economists accept that some frictional unemployment is okay because both potential workers and employers take some time to find the best employee-position match.

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