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
Radda [10]
3 years ago
13

This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t

o find success in the North American market for medium-distance intercity transport. Read the Chapter 10 Closing Case "Enter the United States by Bus". Write a short summary of the material (one or two well-crafted paragraphs please) and answer the case-ending questions. You may use outside research to help answer the questions.
1. As a late mover into the US intercity bus market, what advantages and disadvantages does Megabus have?
2. Does Megabus have any overwhelming resources and capabilities?
3. As a college student, among choices of private car, train, airplane, Greyhound, and Megabus between Chicago and Columbus, which one would you choose?
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
4 0

Answer:  Megabus being a late mover in the US, has allowed the company to learn from past mistakes by companies such as Greyhound, who filed for bankruptcy in the mid 90's and who lost most of it's business due to poorly maintained terminals, high prices for fares and unsafe conditions. Mega bus's advantages include fares as lows as 1 dollar, free wi-fi, stylish buses and power outlets. They Can offer these low fares since the company eliminated purchase Windows for tickets, selling tickets online only and by eliminating expensive terminal operations by dropping off and picking up riders at sidewalk stops like public bus operators. There are few disadvantages besides the fact that rising gas prices affect travel and low fare prices affect revenue if quantity is not met   .

Advantages - 1. Affordable  2. Pretty scenery 3.You get what you paid for

Disadvantages-1. Uncomfortable 2. It’s Either Freezing or Sweltering  3. Odd People

2. Yes it has own Overwhelming resources and capabilities  3. Train

Explanation:

You might be interested in
Manufacturing overhead has an underallocated balance of $12,400; raw materials inventory balance is $145,500; work in process in
Gekata [30.6K]

Answer:

$182,900

Explanation:

With regards to the above, after adjusting for the under allocated manufacturing overhead, cost of goods sold would be

= Under allocated balance of manufacturing overhead + cost of goods sold

= $ 12,400 + $170,500

= $182,900

7 0
3 years ago
Lina Co. uses the allowance method to account for bad debts. On January 28, Lina determines that a $200 balance from ZRT, Inc. i
elena55 [62]

Answer:

c) credit to Accounts Receivable - ZRT.

f) debit to Allowance for Doubtful Accounts.

Explanation:

As for the information provided,

We know in allowance method, provision is created as and when there are doubtful debts, for which entry is

Bad Debts Expense Account Dr.

To Allowance for doubtful debts.

And when the bad debts are actually written off then,

The entry will reduce the balance of accounts receivables and that of allowance as well.

Entry will be:

Allowance for Doubtful debts A/c Dr.

To Accounts Receivables.

Thus, correct options shall be:

Option c) and f)

4 0
3 years ago
Ethan is engaged in sales __________ , which refers to a series of conversations between buyers and sellers that occur as salesp
djyliett [7]

Answer: Sales dialogue.

Explanation:

Ethan is engaged in sales dialogue with his customers, in which a relationship is built that would enhance sales. Sales dialogue is a highly effective form of communication between marketer and consumer, where the marketer's aim is to build a relationship with the consumer, to make sales easier.

5 0
3 years ago
Consider the following income statement for Kroger Inc. (all figures in $ Millions):
Darina [25.2K]

Answer:

D) $179 million

Explanation:

The computation of the interest tax shield for the year 2006 is shown below:

= Interest expense in the year 2006 × tax rate

= $510 million × 35%

= $178.50 million

Simply we multiply the interest expense with the tax rate for the particular year so that the correct amount can come

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
Vigeland Company completed the following transactions during Year 1. Vigeland’s fiscal year ends on December 31. Jan. 15 Purchas
Darya [45]

Answer:

                                         VIGELAND COMPANY

                                           Journal Entries

Date                Description                                    DR                     CR

Jan 15            Merchandising Inventory              14,400

                      Cash                                                                       14,400

                      Being record of inventory purchase

April 1        Cash                                                     708,000

                 14% Note payable                                                      708,000

               Being the record of note payable issued

June 14      Bank                                                        26,000

                  Unearned Income                                                      26,000

             Being the record of deposit received

July 15         Unearned Income                                    2,850

                  Service  Revenue                                                          2,850

                Being the payment for the services rendered

Dec 12        Electricity bill payable                                26,760

                   Electricity bill expenses                                               26,760

              Being the unsetled bill for the year

Dec 31     Wages payable                                                 29,000

               Wages Expenses                                                              29,000

Explanation:

6 0
3 years ago
Other questions:
  • Soho Bottling was started in a kitchen in Brooklyn, New York, and makes soft drinks. After going through the various steps in th
    11·1 answer
  • Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that a
    7·1 answer
  • As a rule, possible harm to subjects may be justified when the potential benefits of the study outweigh the possible harm.
    5·1 answer
  • What is your view of abortion?
    5·1 answer
  • 1- The Lo Tech Co. just issued a dividend of $2.30 per share on its common stock. The company is expected to maintain a constant
    10·1 answer
  • Calculate the Kuznets Ratio for Bangladesh based on size distribution: The lowest 40% receives 17.3% of national income and the
    9·1 answer
  • Which of these is an advantage of checking accounts?
    6·2 answers
  • Which method of backing up digital photographs involves physical storage of files?
    13·1 answer
  • Assume that the required reserve ratio is 20 percent. If the Federal Reserve buys $80 million in government securities from comm
    5·1 answer
  • What is the main function of the federal deposit insurance corporation?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!