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
kolbaska11 [484]
2 years ago
5

Suppose that you were interested in building a luxury apartment complex in your hometown. In your analysis of local demographics

, you discover that the target market makes up only 5% (core market share) of the households that currently rent (or would be interested in renting) in this town. If market experts believe that a total of 5,000 apartment units will be rented in your entire hometown within the next year, what is the projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential
Business
1 answer:
olga_2 [115]2 years ago
4 0

Answer:

The projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential is:

= 1,000 apartment units.

Explanation:

a) Data and Calculations:

The percentage of households that currently rent in the town = 5%

Demographic of households in the town = 100,000 (5,000/5%)

Number of apartment units established by market experts to be rented in the entire hometown within the next year = 5,000 (5% of 100,000)

20% of the market potential = 1,000 (5,000 * 20%)

You might be interested in
Investments created to invest many people's money in many different firms are called:
Advocard [28]

B. money market funds

6 0
2 years ago
Read 2 more answers
A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and t
Lapatulllka [165]

A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet is master budget.

The lower-level budgets, cash flow projections, budgeted financial statements, and financial plans of an organisation are all included in the master budget, which is a thorough financial planning document. It is often created by a company's budget committee under the direction of the budget director.

To know more about Master Budget here

brainly.com/question/28217954

#SPJ4

6 0
1 year ago
Toothpaste manufacturers understand that consumers have different needs when it comes to toothpaste (i.e., teeth whitening, sens
Nataly [62]

Answer:

market segmentation

Explanation:

Market segmentation -

It is the marketing strategy , where the market is bifurcated into different segments , according to the needs of the consumers , is referred to as market segmentation .

The needs and taste of the consumers are considered , for a particular segment , and is incorporated into the goods and services .

Hence , from the given scenario of the question ,

The correct term is market segmentation .

3 0
3 years ago
An information system that contains the specialized knowledge and decision rules used by experts and experienced decision makers
Artemon [7]

Answer:

decision support system.

Explanation:

A decision support system is an intelligent system that automates the organizational decision process by collecting data regarding organizational processes and logical and quantitative learning of factors that directly impact a business.

It is then configured as a very effective tool to reduce the risk inherent in the decision-making process of an expert who does not have much experience to make a decision based on their own knowledge.

6 0
2 years ago
Explain how each of the following will affect the net public​ debt, other things being equal. a. ​Previously, the government ope
gayaneshka [121]

Answer:

A. - The net public debt decreases

The net public debt decreases because the government has obtained more funds in tax revenue. For this reason, the government will likely run a budget surplus.

B. - The net public debt increases

The government was already running a budget deficit (albeit a small one). With the effects of the hurricane, the government will have to spend more to help the people affected, and will likely have to borrow even more, increasing its deficit.

C. - The net public debt remains unchanged

There was a transfer of funds from one government agency to the other, and the net effect of such transfer is likely to be very small to make any significant change in the net public debt. The net public debt remains unchanged.

4 0
3 years ago
Other questions:
  • Which would be considered liabilities ? Check all that apply
    12·2 answers
  • A period of economic stability began in the 1980s. In 2001, prices began to increase. In 2007, an economic crisis caused prices
    8·2 answers
  • Explain the relationship between potential return and risk when considering an investment.
    5·1 answer
  • SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknes
    10·1 answer
  • Which of the following is the best definition of marketing research? A) The process of analyzing secondary information and provi
    5·1 answer
  • Branding is used to A. identify, anticipate and satisfy customer requirements. B. determine which products are intended for mark
    14·1 answer
  • What is the most likely reason an HR manager would seek to adjust the
    13·2 answers
  • Which of the following points represents efficiency?
    14·1 answer
  • Chancellor Ltd. sells an asset with a $2.4 million fair value to Sophie Inc. Sophie agrees to make seven equal payments, each to
    10·1 answer
  • to compute trend percentages the analyst should: multiple choice select a base period, divide analysis period amount by the base
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!