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Olegator [25]
3 years ago
15

Kristin is president of a corporation that operates a chain of clothing stores, and she faces the task of hiring a manager to re

place a man who retired from one of the stores. The former manager increased sales by 15 percent every year for the past five years. Kristin concludes that Roger Benson, a recent graduate of Wharton School of Business, will duplicate the former manager’s performance.
How do the following facts bear on Kristin’s argument?

a. The manager who retired was a graduate of Wharton.

b. The manager who retired liked tennis and drove a Jaguar, whereas Benson dislikes tennis and drives a BMW.

c. Unlike the manager who retired, Benson formerly managed a shoe store, where he increased sales 20 percent for each of the two years he was there.

d. A labor dispute has recently erupted in the store Benson will manage.

e. The manager who retired was an alcoholic, whereas Benson is a moderate drinker.

f. The government has approved a 10 percent increase in federal income taxes that takes effect at the beginning of the year.

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

h. These three stores are located in the city’s three wealthiest suburbs.

i. The store Benson will manage is located in a neighborhood that has recently begun to decline.

j. Kristin changes her conclusion to state that Benson will increase sales by at least 10 percent for the first year.
Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

Explanation:

Firstly, the former manager who retired increased sales by 15 percent every year for the past five years. Secondly, based on the performance of recent Wharton graduates, who were managers at three additional stores owned by Kristin's company and were able to perform better than this former manager who just retired by increasing sales by 18 for the past three years in their respective stores. Kristin can therefore conclude to higher Roger Benson to repeat the same stellar performance.

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The "Plan to Win" initiative is built around five factors that drive McDonald’s business: people, products, place, price, and pr
eimsori [14]

Answer:

The plan to win focusses mainly on the customer strstegic framework which is different from all other 4 P's.

Explanation:

Answer:

The plan to win strategy is a customer strategic framework which is different from the 4 p's.

Explanation:

The four Ps in marketing strategy.

These are listed as

  • product
  • price
  • place
  • promotion.

The four factors we must consider when you plan your marketing strategy. The four Ps are also known as the “marketing mix.” To meet the needs of different customers or market sectors, you can change the mix by varying the product you offer, the price you charge, the place you sell it and the way you promote it.

If you only see the negative things and instead of the positive things, then you don't see why Mcdonalds is still a challenger.

If you haven't gone to other countries, Mcdonalds serves different food menu that is more nutritious, different marketing to its consumers.

Secondly, some of its franchisees have their new "McCafe" menu separated completely from the official "McDonald" store, it is a clone of Starbucks, and quite successful to be honest, because the new generation just wants a quick bite and a drink instead of a fast food main meal these days.

The price is competitive and the delivery is faster than its rivals fast food chains, at the same time, its expanding in bigger quantities than its rivals for the same countries they compete.

It has a long history as a brand, and because I don't like McDonalds so much like Subway, I can't give you the best complete answer why it is successful, but of all that, I can't see it doesn't deserve to be what it is today.

And boy, do you remember all the happy meals we got at Mcdonalds when we were young? Remember that "playground" in Mcdonalds inside? Maybe one of the birthdays of one of your classmates was done there? Remember that old trusty clown and the villains? I am in a fast food chain. Not on Disneyland. I don't know what is this.

Even today, their toys are better than what their rivals offer. For most, their memories who still purchase at Mcdonalds may be pre programmed due to those past events for  buying Mcdonalds still, but I can't honestly tell.

As for the rest, the "value meal" is their selling point, it is to turn their customers to loyal customers. That tipping point was followed by other rivals as well, especially to grab the low wage workers (which is a big market audience), but they were not early adopters as Mcdonalds itself. Even if that low wage worker becomes a middle or high wage worker, he may still go to Mcdonalds from time to time due to his old memories going to Mcdonalds before. He became kind of a "loyal" member to Mcdonalds.

There may be other better answers why Mcdonalds stands out, but that is all from my own perspective.

the company now intensify its commitments based on its customer requirements.

4 0
3 years ago
Arcs and Triangles paid an annual dividend of $1.47 a share last month. The company is planning on paying $1.52, $1.60, and $1.6
77julia77 [94]

Answer:

The current market price per share is $14.82

Explanation:

The current price of the stock can be calculated using the DDM or dividend discount model. The DDM values the stock based on the present value of the expected future dividends from the stock.

The following is the formula for the price of the stock today,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  + ... +  Dn / (1+r)^n  +  Terminal value

The terminal value is the cumulative value of all the future dividends calculated when the dividend growth becomes zero or constant. In case the dividend growth becomes zero, like in this case, the terminal value is calculated as follows,

Terminal value = Dividend / r

Where,

  • r is the required rate of return
  • Dividend is the dividend which will remain constant through out the future

So, the price of this stock today is,

P0 = 1.52 / (1+0.11)  +  1.60 / (1+0.11)^2  +  1.62 / (1+0.11)^3  +  

(1.65 / 0.11) / (1+0.11)^3

P0 = $14.82

4 0
3 years ago
Martin, a u.s. citizen, travels to mexico and buys a newly manufactured motorcycle made there. his purchase is included in?
Alinara [238K]

Martin, a US. citizen travels to Mexico and buys a newly manufactured motorcycle made there. his purchase is included in both Mexican GDP and U.S. GDP.

This is further explained below.

<h3>What is GDP?</h3>

Generally, The gross domestic product (GDP) of a nation is a monetary measurement that is based on the market value of all of the final products and services that are produced in that nation during a certain time period.

Before being regarded as a trustworthy indication, this measure often undergoes revision because of the complexity and subjectivity inherent in its design.

In conclusion, Martin, a resident of the United States, makes a trip to Mexico in order to purchase a motorbike that was only just produced in that country. His purchase is accounted for in both the GDP of Mexico and the GDP of the United States.

Read more about GDP

brainly.com/question/15682765

#SPJ1

6 0
1 year ago
Savings accounts are limited in their transactions. how many transactions and what law
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Haha sike you thought
6 0
3 years ago
Last season at City Opera House, far more people attended opera X than opera Y. However, opera Y generated far greater net profi
ryzh [129]

Answer:

c. a difference in the subject matters of operas X and Y

Explanation:

All factors could directly explain the fact that opera Y generated far greater net profits that did opera X except for this one. Although the subject matter might have some impact on sales, it could not do so in a direct way. It could only do so if we take other factors into account, such as the cost of producing a particular opera or the interest that people have on an opera (which results in greater or lesser ticket sales).

6 0
3 years ago
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