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Managers that must analyze data from 500 hotels to determine when to discount rooms based on occupancy patterns would be placed

Juliette [100K]

In a situation when managers must analyze data from 500 hotels to determine when to discount rooms based on occupancy patterns they are facing with the following challenge: they need to analyze large amounts of information in the decision-making process in order to make the correct decision. The goal of the decision is to gain competitive advantage.

5 0

4 years ago

Which of the following is one of the three arguments in favor of narrow corporate social responsibility discussed in this chapte

zaharov [31]

Answer: let-government-do-it

Explanation:

The narrow corporate social responsibility has to do with the fact that corporations and businesses already contribute a positive quota to tye economy by generating revenue when they make profit, which they use in supporting the wages of employees, provision of employment, investments opportunities, and payment of taxes.

The argument believes that government should be allowed to do some other things.

5 0

3 years ago

A borrower has secured a 30-year, $150,000 loan at 7% with monthly payments. Fifteen years later, the borrower has the opportuni

aliina [53]

Answer:

Return on investment ≈ 29%

Explanation:

using excel function

Determine :

Rate = 7% / 12 = 0.0058

Nper value = 30 years * 12 = 360

PV = -$150,000

∴ PMT value = $997.95

next : calculate the outstanding balance 15 years later

= ( 997.95 / 0.00583 ) * ( 1 - ( 1 / ( 1 + 0.00583 )^15*12 ))

= 171174.96 * 0.6489

= $ 111,075.43

Considering the opportunity to refinance

Rate = 6% /12 = 0.005

Nper = 15 * 12 = 180

Pv = - $111,075.43

∴ PMT = 937.32

the monthly saved up payment = PMT 1 - PMT 2

= 997.95 - 937.32 = $60.63

Finally

Rate of return on investment

= 2500 = 60.63 * $( \frac{1 - (\frac{1+r}{12})^{-15*12} }{r} )$

hence Rate of return ≈ 29 %

attached below is a screenshot of the excel function used for question 2 and it can be used for question 1 as well just change the values

6 0

3 years ago

in 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession. this type of stock mar

True [87]

In 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession and that type of stock market is referred to as a bear market.

When investors are less risk-seeking and more risk-averse, this is referred to be a bear market. During this kind of bear market, which can last for months or years, investors steer clear of gambling and choose instead safe, boring assets.

A bear market can be caused by a variety of factors, but in general, a weak, stopping, or sluggish economy, bursting stock marketplace booms, epidemics, invasions, geopolitics crises, and big economic changes in society, like the transition to an internet economy, are just a few of their causes.

Typical indicators of a weak or deteriorating economy include:

Low employment
Low discretionary income
Weak productivity
Reduction in corporate earnings

Learn more about a bull, bear, and volatile stock markets here:

brainly.com/question/14340872

#SPJ4

6 0

1 year ago

Lovely Lotion Inc. produces three different lotions: hand, body, and foot. The lotions are produced jointly in a mixing process

MAXImum [283]

Answer:

1) Hand lotion : Joint cost = $250

body lotion : joint cost = $250

foot lotion : Joint cost = $250

2) Body lotion

The joint costs of production for each product is : $250

Explanation:

cost per batch = $250

At spit off point

one batch produces : 80 bottles of hand lotion, 40 body lotions, 25 foot lotion

After spit-off point : Hand lotion is $2.5 per bottle

cost of further processing of body lotion = $0.25

value of body lotion = $5.75

cost of further processing of foot lotion = $0.85

market value of foot lotion = $4.00

Assuming that body and foot lotion could be sold at the split-off point for $3.00 and $3.20 per bottle, respectively.

1 ) using the market value at split-off method to allocate the joint costs of production to each product

Hand lotion : Joint cost = $250

body lotion : joint cost = $250

foot lotion : Joint cost = $250

this is because the joint cost of producing each product in every batch is the same

2) The lotion that should be continued after split-off is

Body lotion because the market value after split-off - cost for further production is better off other lotions ( highest market value after split-off)

i.e : $5.75 - $0.25 = $ 5.50

The joint costs of production for each product is : $250

5 0

3 years ago