Answer:
If they set the price of each ticket at $50, the profit of the promoters will be of $25,000
Explanation:
Earnings:
1,500 seats sold (1,000 die-hard fans + 500 casual fans) x $50 for ticket = $75,000
Costs: $50,000 (band, lighting, security, etc.)
Profit: $75,000 - $50,000 = $25,000
Answer:
a
Explanation:
availability of individual to work for the business does not affect it
Answer:
The correct answer is (e)
Explanation:
The interpersonal process is a key aspect which helps team members to grow and trust each other. It helps to build confidence within the team members. The role of Kevin is to improve confidence and motivate team members, which is an interpersonal process. It is related to individual traits and qualities. The interpersonal process is handling by someone who has relevant experience to encourage and motivate people. It is an essential process before the task, and within the task to achieve necessary results.
Answer:
B. A) population sizes, income levels and cultural influences, the current state of the infrastructure, and distribution and retail networks available.
Explanation:
In a country where population is high, the demand for goods and services would be high and this would stimulate market growth. On the other hand, in a country where population is low, demand for products would be low and this can hinder market growth.
In a country where income level is high, demand for goods and services would also be high and this would stimulate market growth. The opposite is the case when income is low.
The presence of good infrastructure in a country enhances innovation and production and this can lead to market growth.
The presence of a strong and good retail network to enhance distribution of goods and services can lead to market growth as it assures producers of efficient distribution of goods and services produced.
I hope my answer helps you
A solo owner of a business has his own resources. By adding a partner - the partnership now doubles its resources.
If a bank just takes in money and loans money out that bank is using its resources for hopefully a profit. If that bank partners with a credit card company, that bank now reaps the benefots of expanded markets and more profit and income.
Partnerships are about doubling, and stacking resources of all kinds, legal - marketing channels, expanded distribution, removal of barrier of entry into new markets in some cases.
These are just examples. Another similar examole is Susie has a dog walking business and partners with a dog groomer business, they both will expand resources and potentially become more profitable.
