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Soloha48 [4]
3 years ago
8

According to the "Marketing and Selling Travel: The customer," people travel for business, for meetings, conventions, and semina

rs. Some people are awarded travel as a reward for good work. A whole branch of the travel is developed around these customers, it is called: ___________. Most people traveled in groups, and something called: ___________ where everyone traveled the same attractions. However, today the emphasis is on ___________.
Business
1 answer:
kenny6666 [7]3 years ago
3 0

Answer:

MICE; GIT; FIT

Explanation:

Meetings, Incentives, Conferencing & Exhibitions.

The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.

Group Inclusive Tour

It is a travel program with a special fare and specific requirements usually a minimum number of persons often more than 5 persons traveling as a group throughout the tour.

Foreign Independent Tour

Though somewhat of a misnomer, an FIT is any customized independent tour arranged by a travel agent.

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Costco is able to keep costs down and offer low prices thanks to a no-frill shopping experience for its 64 million members. They
34kurt

Answer:

Costco is following Customer Oriented Strategy in the business.

Explanation:

Costco offers around 4000 different products to its 64 million members. Costco is now planning to stock more of organic products as the popularity for these products among its customers in gaining significance. Costco has also planned to help farmers to grow organic farms which will benefit the Costco customers. This is customer oriented strategy because Costco is focusing on the needs of its customers.

7 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Tpy6a [65]

The net operating income as per the variable costing method is $14500

<u>Explanation:</u>

The unit product cost is = $18 + $10 + $4 = $32

Sales revenue ( $78 multiply with 8700 units) = $678600

Variable cost:

Variable cost of goods sold ( 8700 units multiply $32) = $278400

Variable selling and administartive (8700 units multiply $5) = $43500

contribution margin = $356700

fixed manufacturing overhead = $255200

Fixed selling and adminstrative expenses = $87000

Net operating income = $14500

<u>Note:</u> contribution margin is calculated after deducting sales revenue with variable cost

8 0
4 years ago
Which of the following perspectives of quality judges a product on the basis of how well the product performs its intended funct
Elis [28]

Answer:

The correct option is A

Explanation:

The user perspective is the one which states the quality that can judged a product on the grounds of how well the product is performing the intended function. User perspective is the perspective of the users who formally uses the product and then rate the product and judges the quality or its intended function of the product.

6 0
3 years ago
Give two characteristics of a perfectly competitive market.
sergey [27]
1. a large number of buyers and sellers
2. an identical or a homogeneous product
7 0
4 years ago
A young college student was making a purchase at her local department store. The clerk suggested that she would get an additiona
zloy xaker [14]

Answer: a. Reports indicate that students are particularly vulnerable to these tactics. If you fail to pay off the balance, you end up paying much more than the original purchase price for your items.

Explanation:

Even though financial advice is usually tailormade for the individual, a financial expert would most likely give this advice to a student because students are indeed vulnerable to such tactics.

They would be more prone to spend more in the store as a result of the credit card and this will lead to them being unable to pay off balances which will then lead to them paying much more than the original price they would have paid.

4 0
3 years ago
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