Answer:
Hospitality provides essential services (i.e., lodging and food) for travelers, whether they are on the move for reasons of necessity, leisure or luxury. Hospitality is a major factor in every vacation and business trip, and is thus important to individual customers and to businesses.
Answer:
C. maintain position and after the market growth slows use the business to provide cash flow
Explanation:
Stars in the BCG Growth Share Matrix refer to the goods that have a big market share and bring more revenue to the company but they also require to invest a lot of money. Because of that, companies try to keep their place as long as possible but when the market slows down, they take the cash flow from the product to increase their profits. According to that, the answer is that in the BCG Growth Share Matrix, the suggested strategy for Stars is to maintain position and after the market growth slows use the business to provide cash flow.
The other options are not right because milk them to finance other businesses and not invest in them and to shift cash flow to other businesses is not a suggested strategy for starts because they can provide a lot of money. Also, invest large sums to gain a good market share is not right as stars are not always able to generate a positive cash flow and you can end up losing a big amount of money.
Answer and Explanation: The given case/scenario is true, since in this particular case the HR director tends to opt for recruiting methods under which the application will further reach a larger population. The recruiting method is done by contacting several professional association and thus outsourcing this task. This method is efficient and effective .
Answer:
$48
Explanation:
Data provided in the question:
Life annuity = $3,200
Monthly payments = $80
George's Life expectancy = 100 months
Now,
The annuity exclusion ratio =
or
The annuity exclusion ratio =
or
The annuity exclusion ratio = $32
Therefore,
Return on capital per payment = $32
Hence,
The amount of the first $80 payment will George include in his gross income = $80 - $32
= $48
Answer:
<u>The rate of job separations= 0.08</u>
Explanation:
If s is the rate of job separation, f is the rate of job finding, and both rates are constant, then the unemployment rate is approximately: s/(s + f) therefore, rearranging terms to find job separation and indicating unemployment by Um, we have =
f*Um / ( 1-Um) = 0.125*( 0.56) / ( 1- 0.125 ) = 0.08.