The market will be based off of how many trips to space people want to take. Due to this being newly developed, the marketing and research team have conducted a lot of surveys and focus groups to make sure this is something people would be interested in. The market for this should grow in an uphill slope rate, once people are able to try it out. Word of mouth advertisement and safety facts are good ways Boeing and Private Enterprise will be able to find new consumers to market their space craft to.
Answer:
C) Supply chain management system
Explanation:
Supply Chain Management (SCM) includes all processes that transform raw materials into final products in order to maximize customer value and gain a competitive advantage in the marketplace. SCM covers everything from production to product development to the information systems needed for the best management.
The supply chain cycle of Wal-Mart includes procurement, manufacturing, distribution, retailing. As a retailer, Wal-Mart has to source its products from vendors domestically and globally, this creates a more effective supply chain that allows for lower prices.
Answer:
The Country Club
Explanation:
Based on the information provided within the question it can be said that the style of leadership that Liam is using is called The Country Club leadership style. This is a style that mainly focuses on the needs and feelings of the individuals working under his/her supervision, with the belief that if the workers are happy and safe, they will work faster and more efficiently. Which is what Liam is doing since he is very lenient with his employees and makes sure they are taken care of and happy.
Answer:
The Competitive-parity method
Explanation:
The competitive parity method refers to an advertisement expense budgeting method wherein, a firm budgets or plans it's own advertisement expenditure which is based upon the estimated advertisement expenditure of it's competitors.
Under the method, the budget allocated for advertisement by a firm is set at par with those of the competitors.
The drawback of such a method being it's assumption of all firms having same marketing objectives. Also herein, if the competitor commits a mistake w.r.t it's budget, consequently the same mistake shall accrue to the firm following it.
In the given case, the owner learnt of his competitor's advertisement budget being $150,000, post which he immediately set the budget of his own company as $150,000. The method of promotional budgeting conveyed here is, the competitive-parity method.
Answer:
6,000
Explanation:
The expected value from this investment can be calculated by possible values for random variables by multiplying them by their probability
DATA
Strong = 30,000 , probability = 30%
Moderate = 10,000 , probability = 60%
Weak = -30,000 , probability = 10%
Calculation
Expected profit = Values x Probability
Expected profit = (30,000 x 30%) + (10,000 x 60%) + ( 30,000 x 10%)
Expected profit = 6,000 + 6,000 -6,000
Expected profit = 6,000
