Answer:
Middle Management
Explanation:
According to my research on different business roles and responsibilities, I can say that based on the information provided within the question the role being described is called Middle Management. These are the intermediate management level of an organization that is responsible for ‘team leading’ line managers and/or ‘specialist’ line managers, as well as being responsible for lower level performance and productivity.
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Answer:
$30,000
Explanation:
According to Census Bureau and Federal Reserve surveys, about 50% of all new businesses begin with less than $30,000 in total capital to start small businesses though the average capital to start small businesses is $80,000. The reason is not far fetched and one of it is that small businesses have limited opportunities to get capital to start a business. Small business capital is usually from the owner's personal savings or from family members or friends as little help is rendered by the lending institutions. Small businesses majorly need financing to expand their businesses. The inability of small businesses to get good capital for their businesses causing difficulties in growing small businesses.
penetration pricing may follow skimming pricing. the skimming pricing would help recoup initial research and development costs; increase market share.
price skimming sets charges better to draw customers maximum interest in the services or products to maximize brief-time period profits. Penetration pricing uses decreased prices to build a customer base for brand new services or products.
Penetration Pricing is a pricing approach in which the rate set via the firm is low first of all, with the purpose to appeal to more and more clients. Skimming Pricing manner a pricing approach in which the company set a high price for the product at its advent level for you to acquire the most income. Penetrate the market.
Charge skimming unit prices higher to draw clients most interested in the products or services to maximize quick-term income. Penetration pricing uses lower prices to construct a consumer base for brand new services or products.
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Answer:
10% of the total tickets was not sold
Explanation:
Total number of seats in the stadium =Total number of tickets produces=30000
Total ticket sales=Cost per ticket×Number of tickets sold
where;
Cost per ticket=$55
Number of tickets sold=N
Total ticket sales=$1,485,000
Replacing in the expression above;
$1,485,000=55×N
N=1,485,000/55
N=27,000 tickets
Number of tickets sold=N=27000 tickets sold
Total number of tickets=Total tickets sold+Total tickets unsold
where;
Total number of tickets=30000
Total tickets sold=N=27000
Total tickets unsold=S
Replacing;
30000=27000+S
S=30000-27000
S=3000 tickets unsold
Percentage of tickets unsold=(Number of tickets unsold/Total number of tickets)×100
(3000/30000)×100=10%
10% of the total tickets was not sold
<span>Micheal, who has retired and is not looking for work</span>
