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
evablogger [386]
3 years ago
15

The High Towers Center is a 300-room hotel that was built ten years ago for a total project cost of $24,000,000. The market valu

e of the facility is now estimated at $42,000,000, and the general manager estimates that the level of guest service is worth at least $5,000 per room per year. A close competitor of the hotel charges $110 per night per room. According to the $1 per $1,000 approach to pricing rooms, what should the price of a room night be at the High Towers Center?
Business
1 answer:
bagirrra123 [75]3 years ago
7 0

Answer:

$80

Explanation:

The computation of the price of a room night is given below:-

Investment made = $24,000,000

Return required at $1 per 1,000 = $24,000

Number of rooms = 300

Price of Room rent =  Return ÷ Number of rooms

= $24,000 ÷ 300

= $80

Therefore for computing the room price of room rent we simply divide the number of rooms by return required.

You might be interested in
Which of the following is a multiple meaning word? A) Greed , B) turtle , C) Monitor , D) health
alekssr [168]
(d) health, because it can be used in different ways
5 0
3 years ago
Read 2 more answers
Find a current news article (within one week) related to business or technology. Your article can be from a newspaper, the
klasskru [66]

Answer:

Everyone has seen organizations and agencies make a case for their cause on the television, newspaper and radio. We have all heard stories about how a media consultant has helped improve a political candidate's image by cleverly manipulating the press. There are many ways you can use the media to the benefit of your cause. This section introduces you to working with the media.

WHAT ARE THE MEDIA AND MEDIA ADVOCACY?

Media, which is the plural form of 'medium', are the forms of communication – television and radio; newspapers, magazines, and written materials (or "print media"), and, more often now, the Internet – used to spread or transmit information from a source (which can be a person, an organization, a business, an institution, a government agency, a policy maker, or another media outlet) to the general public.

Advocacy means openly supporting a certain viewpoint or group of people. If you are an advocate for a specific cause, you work to persuade local, state, or federal governments or other entities to grant specific rights, make policy changes, provide money, or create new laws for the good of your cause. For example, if you have a child with a disability, you might advocate for the increased availability of medical services for handicapped children in your city.

Media advocacy is the use of any form of media to help promote an organization's or a company's objectives or goals, which come from the group's vision and mission. For example, suppose you’re a media advocate for a non-profit agency working to reduce gang violence in your neighborhood. You would try to present neighborhood issues related to gang violence and the changes you want to make in such a way that you:

Change the way community members look at gang violence. You might want to make it clear who it affects and why, or why kids get involved in gangs in the first place.

Create a reliable, consistent stream of publicity for your agency's issues and activities, including articles and news items about the causes and results of gang violence and about what your agency’s work entails; personal interest stories; success stories; interviews with agency staff and current and former gang members, etc..

Motivate community members and policy makers to get involved.  You probably have ideas about what could be done with public funding, or with government policies that addressed gang violence. You might have volunteer opportunities, or want to publicize a city- or state-sponsored initiative that needs public input and support.  Or perhaps you’re trying to raise money for your work. The media can help with all of these...if you know how to work with them.

Media advocates, or the people who work to attract publicity for organizations and causes, know that the media can get a public or social policy message across to the largest audience possible in the least amount of time.

As a media advocate, you can use the media to:

.

Explanation:

7 0
2 years ago
Cash Flows from Operating Activities—Indirect Method The net income reported on the income statement for the current year was $1
KiRa [710]

Answer:

Explanation:

26262

8 0
3 years ago
Marketing is a subset of advertising.<br><br> True<br> False
andreev551 [17]

Answer:

False

Explanation:

Marketing is not a subset of advertising. In fact it is the opposite, advertising is the subset of marketing.

Advertising is mostly focused on acquiring customers and promoting sales. Generally, advertising is based on formulating campaigns to promote the products and increasing sales. These promotions are carefully planned out and well designed so they reach a target audience with the help of media such as radio, newspaper, television and magazines etc.

4 0
3 years ago
A very plain-looking résumé designed to be delivered via e-mail or an online e-form is a _______.
gayaneshka [121]
I think its a PDF File
5 0
3 years ago
Other questions:
  • Asking that all sources of income be revealed on a credit application is prohibited by the ecoa.
    8·1 answer
  • Analyze the benefits and the problems posed by the four approaches to the implementation of resource management policies: contro
    5·1 answer
  • Please someone help
    11·1 answer
  • Long-term debt on the common-size balance sheet of Solid Rock Construction over the past three years is 30%, 34%, and 40%, respe
    8·2 answers
  • What condition is being met when goods are being produced and sold at the lowest possible average cost​?
    13·1 answer
  • If a firm retains the same product for domestic and foreign​ markets, the company is demonstrating which type of product​ strate
    6·1 answer
  • Pina Company produces golf discs which it normally sells to retailers for $7 each. The cost of manufacturing 19,900 golf discs i
    13·1 answer
  • Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, h
    9·1 answer
  • Moped, Inc. purchased machinery at a cost of $44,000 on January 1, 2017. The expected useful life is 5 years and the asset is ex
    8·1 answer
  • Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new v
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!