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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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Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. his insurance cost is expected t
Karo-lina-s [1.5K]

Economic profit refers to the profit earned by deducting the implicit cost and the explicit cost from the total revenue.

Economic Profit = Total revenue - (Explicit cost + Impllicit Cost)

where Total Revenue = $100,000

Explicit Cost = $2000 + ($25000*10%) = $4500

Implicit Cost = $70000 + $10000 = $80000

Economic Profit = $100,000 - ($4,500 + $80,000)

Economic Profit = $100,000 - $84,500

Economic Profit = $15,500

Hence, Sid's Economic Profit is equal to $15,500

4 0
3 years ago
what type of leadership focuses on alternative methods of conducting organizational change processes.
KATRIN_1 [288]

Answer: Organizational change leader

Explanation:

The organizational change leader is the big hand for controlling the changes in the organization and management.  This involves the change centric leadership. The leader should not look upon the upward organizational hierarchy to seek help instead must take actions and must implement them on others. Empowering the stakeholders. Managing the team discussions and working ethics and credibility.

3 0
3 years ago
A person puts $100.00 into a savings account with 2.4% annual interest rate (computed continuously). The value of such an invest
andre [41]

Answer:

It will take up to 3 years for the total interest to exceed $5.00

Explanation:

The future value of an investment whose interest is compounded continuously can be expressed as;

A=P e^(rt)

where;

A=future value of the investment

P=initial value of investment

r=annual interest rate

t=number of years

In our case;

A=Initial value+interest=(100+5)=$105

P=$100

r=2.4%=2.4/100=0.024

t=unknown

replacing;

105=100 e^(0.024 t)

e^(0.024 t)=105/100

e^(0.024 t)=1.05

ln {e^(0.024t)}=ln 1.05

0.024 t ln e=ln 1.05

but ln e=1

0.024 t=ln 1.05

t=ln 1.05/0.024

t=2.03 years rounded up=3 year

It will take up to 3 years for the total interest to exceed $5.00

4 0
4 years ago
State the purpose of footing the total column in the​ client's accounts receivable trial​ balance, tracing individual customer n
Pani-rosa [81]
No se y ni me importa
7 0
3 years ago
Sales promotion:
solong [7]

Answer:

e. None of these alternative is correct.

Explanation:

Sales promotion is a pull marketing technique of promoting product by persuading customer to buy the product. It is beneficial technique at maturity stage of product life cycle. Short term stimulas been offered to customer, so that sales can increase, it is also helpful in tackling competition in the market and keep existing customer with the brand. A product can be promoted for limited time with inumerable tactics.

8 0
4 years ago
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