Pop-Quiz/12 points!!

For revenue managers working in the lodging industry the term ""Place"" in the 4P’s of the Marketing Mix refers to two items. On

Ilya [14]

Answer:

The property's distribution channels.

Explanation:

The marketing mix is commonly performed through the 4 P’s of marketing which are:

Price.

Product.

Promotion and

Place.

And the term 'Place' or 'Placement' in the 4 P’s of the marketing mix has to do with how the service will be rendered to the customer. And this refers to the physical location of the hotel and distribution channels, that is, how the service can be rendered to the customer and help assess what channel is the most suited to a service.

4 0

3 years ago

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

kherson [118]

The best option for her to choose is the one called Anual Compounding. With the rest of the compoundings she will have to pay more money. With a semi-annual rate she wil have to pay almost 1000 dollars more than in an anual compounding. With a quarterly period she will have to pay almost the same amount as a semi-annual period. Now with a monthly period she would have to pay almost 2000 dollars of interest.

This was not copied from a website or someone else. This was from my last year report.

7 0

3 years ago

Why do some products have as packaged and as prepared and others only have as packaged

Marina CMI [18]

There are three major types of paper packaging: corrugated boxes, boxboard or paperboard cartons, and paper bags and sacks. Corrugated Boxes: Corrugated boxes are commonly used to carry heavier products such as appliances, electronic goods, wine, fruit and vegetables.

4 0

3 years ago

The slope of a curve is defined as the upper delta upper yδy divided by the upper delta upper xδx . (assume the y values are on

Fantom [35]

Explanation:

The cost function for this industry is given by,

$TC = FC + VC*Q$

$TC = $250 + $50(Number of hours used)$

When it is used for full 8 hours, total cost is

$TC= 250 + 50(8) = 250 + 400 = $650$

When it is used for 7 hours, TC is $600.

When it is used for 6 hours, TC is $550

When it is used for 5 hours, TC is $500.

When it is used for 4 hours, TC is $450.

When it is used for 3 hours, TC is $400.

When it is used for 2 hours, TC is $350.

When it is used for 1 hours, TC is $300.

When it is used for 0 hours, TC is $250.

Thus, the cost curve will look like the diagram given below.

7 0

3 years ago

Which statement best describes a characteristic of a relational database?

erastovalidia [21]

Answer:

B. It contains tables with fields that are associated with one another.

Why the other choices are wrong

C and D are wrong because a relational database is a database that contains tables with fields that are associated with one another. D is wrong because it is a feature that is used to add queries to tables.

Further explanation of concepts:

What is a relational database?

A relational database is a database that stores data in the form of tables. The tables are then linked together by relationships. This makes it easy to access data in the database and to create new relationships between data.

What are queries?

Queries are how you search for and manipulate data in a relational database. Queries can be used to find specific data, to update data, or to delete data.

8 0

1 year ago