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alexandr1967 [171]
3 years ago
14

Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destinatio

n, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. The pickup and delivery service is in the_________ stage of the new-product development.
Business
1 answer:
nydimaria [60]3 years ago
8 0

Answer:

test market

Explanation:

From the question, we are informed about Uber who is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. In this case, The pickup and delivery service is in the test market stage of the new-product development.

In domain of marketing, A test market can be regarded as a geographic region as well as demographic group that is utilized in guaging of the viability of a particular product/service in the mass market before porting to a wide scale roll-out.

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A project is expected to generate annual revenues of $129,300, with variable costs of $72,400, and fixed costs of $18,900. The a
Talja [164]

Answer:

$42,950

Explanation:

Data and Calculations

Revenue                                            $129,300

Less variable costs                          ($72,400)

Less  fixed costs                               ($18,900)

add depreciation                                $4,950

Operating Cash flow                         $42,950

Thus

The annual operating cash flow $42,950.

4 0
3 years ago
The _____ adds up the money earned by producers plus taxes paid to the government. income approach product approach expenditure
Nat2105 [25]
The income approach adds up the money earned by producers...
5 0
3 years ago
Read 2 more answers
If we assume that both countries specialize according to their comparative advantage, then how do we find a terms of trade that
levacccp [35]

Answer:

The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.

A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.

For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.

If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.

Cheers!

4 0
3 years ago
Katie invested a total of ​$4000​, part at 2​% simple interest and part at 3​% simple interest. At the end of 1​ year, the inves
alexandr402 [8]

Answer:

$2,500; $1,500

Explanation:

Given that,

Total amount invested = $4,000

Let the amount invested at 2% be x,

and the amount invested at 3% be (4,000 - x)

Interest earned = $95

Time period = 1 year

Simple interest = Principle × Interest rate × Time period

$95 = (x × 0.02 × 1) + [(4,000 - x) × 0.03 × 1)

$95 = 0.02x + 120 - 0.03x

$95 = -0.01x + 120

0.01x = 120 - 95

0.01x = 25

x = 2,500

Therefore,

Amount invested at 2% = x = $2,500

Amount invested at 3% = (4,000 - x)

                                       = 4,000 - 2,500

                                       = $1,500

5 0
3 years ago
Suppose the town of boone has a total population of 50,000 people. of those, 45,000 people are employed. there are 1,000 full-ti
slega [8]
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000

To calculate Boone's unemployment rate you'll use the formula: 
Unemployment rate = number of people unemployed / labor force

Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.

The labor force is made up of everyone willing and able to work.

First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)

Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000

Finally, we are able to calculate the unemployment rate of Boone. 
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
3 0
4 years ago
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