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Citrus2011 [14]
3 years ago
8

The Classic Hotel Group has begun to offer entire floors of rooms in its hotels that are smoke-free, adults-only, and pet-friend

ly. The Classic Hotel Group is responding to changes in sociocultural values observation, secondary sources, marketing research
Business
1 answer:
timama [110]3 years ago
4 0

Answer:

Sociocultural values

Explanation:

Sociocultural values are values that are influenced by an individual's behavior in day to day life. This becomes a habit and eventually a culture. These values impact an individual's decisions as well.

When a hotel is trying to make rooms smoke-free and pet-friendly, it means they are adapting to sociocultural changes that prefer taking pets everywhere.

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Difference between private and public company
djyliett [7]

<span>The difference between a privately-held and public company is that the owners of the private company are the company’s founders or a group of private investors while in the public company, the company has undergone an initial public offering that means the company sold a portion of its shares to the public. The management of a public company is answerable to the shareholders as opposed to the private company. A public company sells the shares of stock and is listed in the stock exchange while a private company is unlisted. </span>

6 0
3 years ago
The customer told you that being competitive in their market is a moving target. They asked you to add
777dan777 [17]

The best approach to help manage the scope for the project where the customer asked for more items to be added to the scope is to <u>switch to an</u><u> Agile approach</u>.

<h3>What is an Agile approach?</h3>

An agile approach to help manage the scope for the project would involve:

  • Breaking up the scope into several phases.
  • Ensuring constant collaboration with stakeholders.
  • Using continuous incremental improvements.

Thus, the best approach to help manage the scope for the project where the customer asked for more items to be added to the scope is to <u>switch to an</u><u> Agile approach</u>.

Learn more about agile methodology at brainly.com/question/25734045

7 0
3 years ago
The Chowning Company manufactures ear buds. The variable cost of each set of ear buds is $0.35. The company incurs monthly fixed
kiruha [24]

If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.

<h3 /><h3>Total cost</h3>

Using this formula

Total cost = Variable cost + Fixed cost

Where:

Variable cost=(1200×$0.35)=$420

Fixed cost=$10,000

Let plug in the formula

Total cost = (1200×$0.35) +$10,000

Total cost=$420+$10,000

Total cost=$10,420

Inconclusion  If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.

<h3 />

Learn more about total cost here:brainly.com/question/25109150

3 0
2 years ago
What are your preparation before you engaged in this type of business?
ella [17]
Setting goals. Having a game plan to work off of. Having all the right tools to perform the kind of work your business will be doing and making sure you have the assets to start the business up.
8 0
3 years ago
Boretti has $400,000 in a stock fund. The fund pays a 10% return, compounded annually. If he does not make another deposit into
LenKa [72]

Answer:

it will take 16.89 years for the account to increase to $2 million.

Explanation:

PV = $400,000

FV = $2,000,000

I/Y = 10%

Solving for N in:

FV = PV * (1 + I/Y)N

$2,000,000 = $400,000 * (1.10)N

5 = (1.10)N

N = 16.89 years

Therefore, it will take 16.89 years for the account to increase to $2 million.

6 0
4 years ago
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