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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:

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Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboa
dangina [55]

Answer:

given

Coast to Coast Surfboards Inc.

                                          Atlantic Wave            Pacific Pounder

                             

Sales price                             $200                                $120

Variable cost of goods sold per unit (150)                    (90)

Manufacturing margin per unit $50                               $30

Variable selling expense per unit (34)                            (16)

Contribution margin per unit $16                                    $14

                      East Coast            West Coast

Atlantic Wave 40,000                  25,000

Pacific Pounder 0                        25,000

<u><em>Calculations</em></u>

Coast to Coast Surfboards Inc.

Contribution Margin by Territory.

                                   Atlantic Wave            Pacific Pounder

                              East Coast West Coast   East Coast  West Coast

Sales price                             $200                                $120

<u>Units                            40,000  25,000                  0,        25000</u>

Sales                        8000,000    5000,000          000,    3000,000

V. COGS                 (6000,000)   (3750000)                000,  (2250000)

MAnufg. Margin     2000,000    1250000                   000.   750,000

Var. & Selling Exp.  (1360000)    (850000)                   000.    (400,000)

Contribution margin 640,000       400,000                 000.     350,000

Contribution Margin Ratio = Contribution Margin/ Sales

CM ratio=               8%                 8%                             000 .       11.67%

<em>Multiplying the number of units given against each territory with the respective costs gives this income statement.</em>

7 0
3 years ago
You work for a marketing agency advising a client considering whether to drop prices during an economic downturn. The client, a
Thepotemich [5.8K]

Explanation:

1- One of the pieces of advice I could give the customer about lowering the balance sheet price is that this could generate different interpretations for the potential consumer, as there may be a perception that the price reduction of the product occurred due to the loss of product quality in relation to competing products.

2- There are other effective strategies for managing an economic crisis in addition to a direct reduction in the retail price, such as the psychological price strategy, which are the marketing techniques used by salespeople so that consumers respond emotionally to the product, and not a logical way, which generates a perception of greater benefit for the consumer, which can lead to increased sales without having to lower the price of the product.

6 0
3 years ago
Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled
aev [14]

Answer:

The simple rate of return of 4.54%

Explanation:

The simple rate of return of 8.75%

($97,000 - $56,000 - $27,500) ÷$297,000

=$13,500÷$297,000

=0.0454×100

=4.54%

The new machine $330,000 ÷ 12 years useful life

=$27,500

The new machine $330,000

Les old machine scrap $33,000

=$297,000

Therefore the simple rate of return is 4.54%

7 0
3 years ago
Explain the relationship between market and entrepreneurship....long answer plz..​
spin [16.1K]
Market is more for everyone working as a group and entrepreneurship is when there is one owner that works
6 0
3 years ago
This is an online live debate first 2 people to comment are the debaters the rest are the jury and they reply to chat the debate
Lana71 [14]
Hello there!

Let's take note of some things first. When a argument occurs, there's always two different kind of people. You would have someone who think he has a point and he explains his opinion on this matter, and then you would have the other opponent who would most likely say the complete opposite of this other person.

Now, when conduction the argument of the topic "cell phones", there would be a ton of different opinions on this matter.

For an example:

(Person #1) - opposer.

Cell Phone's are very useful, when you need to call a person, you would have something to communicate with the other person. It would be encounter as a essential in our every day life.

 (Person #2) - opposer.

I believe that Cell Phones are unsafe. People could track you down and hurt you to the full. They can take your information, and then you would have some several bad cases on this matter. I believe that Cell Phones are not safe.
                                            __________
Based on looking at this example here, you would see on how they're are two different opinions here. They both have different explanations.

I hope this helps you!
8 0
3 years ago
Read 2 more answers
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