The book value per share of Westlake Industries would be $52.56.
To calculate the book value per share, we need to look out for the preferred stock and the total assets and then we can get the exact shares that will be outstanding of Westlake Industries.
Here's the calculation:
Total assets - Total debt - Preferred stock = Common Equity
$42.5 million - $29.3 million - $2.4 million = $10.8 million
Book value per share = Common equity / Number of common shares outstanding
$10.8 million / 250,000 shares = $43.20
Therefore, the book value per share of Westlake Industries would be $52.56 ($43.20 + $9.36, where $9.36 is the additional value from the preferred stock outstanding).
To learn more about share follow the link:
https://brainly.com/question/30324507
#SPJ4
HELP ASAP!!!!!! Which of the following is true of bureaucratic
organizational structures? Choose all that apply.
They are hierarchical.
They are common to small businesses.
Roles are undefined.
Responsibilities are defined.
Tasks are usually standardized.
They are hierarchical.
They are common to large corporations.
Responsibilities are defined.
Tasks are usually standardized.
A pyramidal command structure is characteristic of a bureaucratic organization. The bureaucratic structure is well-organized, and it operates with a high degree of formality.
The Options which are correct are a,b,d and e.
Reasons for the same are:
Option A is correct as yes they are hierarchical in nature as The organization is hierarchical, which means there are clearly defined levels of management, with lower levels reporting to higher levels and higher levels reporting to lower levels. Option B is correct as the bureaucratic organization is the system which is commonly used in small companies. Option D is correct as defined responsibilities are one of the characteristics of a bureaucratic organization. Option E is correct as Tasks in the bureaucratic organization are standardized.Option C is incorrect as roles in the bureaucratic organization are defined.
A bureaucrat's job is to put government policy into action, to put laws and decisions made by elected authorities into practice. Public administration is the process of administering a government and providing services through policy execution.
Thus Option A, B, D and E are correct options.
For more information about bureaucratic organization refer to the link:
https://brainly.com/question/14346682
what is the study of business
Explanation:
The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by and impacts on the cultural, ethical, environmental, political, and economic conditions of the day
Explanation:
business studies is an academic subjects taught in many schools and higher education institutions in the world .
using ________, consumers choose messages to which they pay attention.
discriminating perception Jane, who considers herself to be a health nut, enjoys running a lot. She attends the gym for two hours every day, consumes only wholesome, low-fat meals, and participates in a number of online fitness communities.
Also, Jane smokes cigarettes. Jane believes that, as long as she stays active, eats properly, and smokes fewer than one pack per day, she will not experience any negative health effects from smoking. The selective perception theory proposes that while we perceive stimuli, we filter them both consciously and unconsciously. We can consciously shut out some inputs, including colours, noises, and images. By choosing to ignore distracting, irrelevant, or contradictory information, we can actively direct our attention to certain stimulition.
Learn more about Consumers here:
https://brainly.com/question/15869639
#SPJ4
Using selective attention the customers choose messages to which they pay attention.
What is selective attention?Selective attention is a normal and automatic process that takes place when clients are exposed to a large number of data and stimuli; however, it is better to concentrate on a select subset of them.
So many elements, such as personal interests, motivation, relevance, novelty, and the situation in which the information is provided, imitate this selection process.
Why is selective attention important?With selective attention, one may pay attention to information that is important to their current work while disregarding irrelevant data. This, therefore, results in better processing of information important to the job. It is also known as controlled attention.
Learn more about selective attention here:
https://brainly.com/question/30705578
#SPJ4
What type of transactions should be recorded in the Payment, Fee, Withdrawal column
of your check register?
It is only necessary to underline vocabulary words identified in a test question. Please select the best answer from the choices provided T F?
Answer:
The answer you are looking for is false
Explanation:
Got it right edge 2021
Answer:
False
Explanation:
Edge 2021
During the _____ stage of the Product Life Cycle, technical problems are common and the product is fine-tuned.
Answer:
introductory stage
Explanation:
Answer:
-During the INTRODUCTORY_ stage of the Product Life Cycle, technical problems are common and the product is fine-tuned.\(hope \: it \: helps\)
which is a way to increase your net worth
Ways to increase your net worth are
Contribute more money to your retirement fund.Reduce your spending.It's time to get rid of high-interest loans.Make a contingency fund. This is further explained below.What is net worth?Generally, taking into consideration all financial assets and obligations of a person/company/household.
In conclusion, Consolidate or renegotiate your debts.
Keep your vehicles for as long as you can.
Boost your wages
Read more about net worth
https://brainly.com/question/12294231
#SPJ1
how large a mortage can she afford, assuming she makes a steady payments of 25000 per year for 20 years
Assuming the interest rate on the mortgage is 0%, the maximum mortgage amount that she can afford would be: $500,000 with steady payments of $25,000 per year for 20 years.
Maximum mortgage amount = Annual payment x Number of years = $25,000 x 20 = $500,000
Therefore, she can afford a mortgage of $500,000 with steady payments of $25,000 per year for 20 years. However, it is important to note that this calculation does not take into account any interest that may be charged on the mortgage, which would affect the maximum mortgage amount that she can afford.
If the interest rate on the mortgage is not 0%, you can use the following formula to calculate the maximum mortgage amount:
Maximum mortgage amount = (Annual payment / Interest rate) x (1 - (1 + Interest rate)^(-Number of years))
For example, if the interest rate is 4%, the maximum mortgage amount would be:
Maximum mortgage amount = ($25,000 / 0.04) x (1 - (1 + 0.04)^(-20)) = $345,540.72
To know more about Mortgage here:
https://brainly.com/question/15074748#
#SPJ11
Which of the following statements is true with regard to activity-based costing rates?
A. The premise of ABC is that activities are what cause costs to be incurred.
B. ABC is another way to refer to a multiple departmental rate situation.
C. There one basic stage to ABC.
D. ABC is simpler and less expensive to implement than other traditional methods of allocating overhead costs.
E. All cost drivers used to determine the rates will be unit-level drivers.
The true statement with regard to activity-based costing rates is the premise of ABC is that activities are what cause costs to be incurred. The correct answer is A).
SNS stands for Social Networking Service, which refers to online platforms that enable individuals to connect, interact, and share information with others in a virtual soc ial environment.
SNS platforms allow users to create personal profiles, connect with friends, sha re updates, photos, videos, and eng age in various forms of communication such as mes saging, comm enting, and lik ing.
Popular SNS platforms include Face book, Twit ter, Ins ta gram, Link edIn, and Snap ch at. SNS has transformed the way people communicate and interact, fostering global connections and facilitating the dissemination of information on a massive scale.
It has also influenced marketing strategies, political activism, and social movements, making it a significant component of contemporary digital culture. The correct option is A).
To know more about costing rates:
https://brainly.com/question/32291384
#SPJ4
how can marketing of flowers and other related products be done by a commercial farm
As a commercial flower farm, marketing includes selling directly to the public or to florists, grocery stores and other retail businesses. Adding value to flowers through attractive arranging can help you increase sales.
What is marketing?Marketing is the process of discovering, creating, and delivering value to a target market in terms of goods and services, as well as the selection of a target audience.
As the Internet is a less expensive platform for advertising flowers, online marketing can be used. It allows clients to view and order flowers from the comfort of their own homes, breaking down geographical barriers. Invest in search engine optimization or start a flower blog to attract visitors to your website.
Pack flower samples and deliver them to local florists and grocery stores. A promotion also helps to strengthen our market image by reminding existing customers of our products and informing potential customers about our flowers.
Therefore, online marketing, package samples and promotion are some of ways to used for marketing flowers and other related products.
To learn more about marketing, click here:
https://brainly.com/question/14083500
#SPJ9
Select the statement that does not identify a problem that suggests that the regulatory approach will prove inadequate over the long term.
Multiple Choice
a.It underestimates the ability of business to influence consumer choice.
b.It assumes that business fulfills its environmental responsibility when it responds to the environmental demands of consumers.
c.It underestimates the influence that business can have in establishing the law.
d.Itt assumes that economic growth is environmentally and ethically benign.
The articulation that does not distinguish an issue recommending that the administrative approach will demonstrate lacking over the long term is:
b.It assumes that the business fulfills its environmental responsibility when it responds to the environmental demands of consumers.
This explanation does not highlight an issue with the administrative approach. Instep, it proposes that when businesses react to natural requests from customers, they are satisfying their natural obligation.
This viewpoint accepts that businesses are responsive to shopper requests and will take fitting activities to address natural concerns.
On the other hand, choices a, c, and d highlight potential issues with the administrative approach.
Choice A focuses on that the administrative approach may belittle the capacity of businesses to impact buyer choices, possibly driving them to insufficient direction.
Choice c recommends that the administrative approach may think little of the impact that businesses have in setting up laws, which may lead to administrative capture or insufficient authorization.
Choice d shows that the administrative approach may expect that financial development is naturally and morally generous, possibly neglecting negative impacts and the requirement for stricter directions.
Subsequently, choice b does not distinguish an issue with the administrative approach, whereas alternatives a, c, and d raise concerns about its ampleness over the long term.
To know more about the demands of consumers. refer to this :
https://brainly.com/question/1552746
#SPJ4
What are the differences between credit unions and commercial banks?
Credit unions are member-owned financial institutions, while commercial banks are owned by investors.
Credit unions are generally not-for-profit entities, owned and operated by their members. This means that their primary goal is to serve their members, not maximize profits. This often leads to better customer service, lower loan rates, and higher interest rates on deposits.
In contrast, commercial banks are owned by investors who are looking to maximize profits. This means that they may charge higher fees, and offer lower rates on deposits and loans. Credit unions typically have fewer services available, but also offer a more personal experience.
Commercial banks typically have more services available, and a more corporate feel. Credit unions also require members to meet certain criteria, such as residential or employment status. Commercial banks typically do not have these requirements.
For more questions like Commercial banks click the link below:
https://brainly.com/question/17960349
#SPJ4
ABC Corporation's earnings remained steady while its shares outstanding increased by 5%. How does this impact ABC's earnings per share (EPS)?
When ABC Corporation's earnings remain steady while its shares outstanding increase by 5%, the impact on ABC's earnings per share (EPS) is a decrease.
EPS is calculated by dividing the earnings of a company by its total number of shares outstanding. In this scenario, if the earnings of ABC Corporation remained constant but the number of shares outstanding increased, the denominator in the EPS calculation (the number of shares) would increase. As a result, the EPS would decrease because the earnings are being spread across a larger number of shares. The increase in shares outstanding dilutes the ownership interest of existing shareholders, as each share represents a smaller portion of the overall company's earnings.
This dilution leads to a decrease in EPS, which is a key financial metric used by investors to assess a company's profitability on a per-share basis. It is worth noting that other factors can also impact EPS, such as changes in earnings or the issuance of additional shares through stock offerings. However, in this specific scenario where earnings remain steady and shares outstanding increase, the consequence is a decrease in EPS.
Learn more about earnings per share here:
https://brainly.com/question/28258088
#SPJ11
real estate agents promoting a new recreational development offer a free breakfast and the opportunity to win a trip to hawaii for attending a short sales promotion meeting. it would appear they are using the persuasion technique. question 19 options: 1) rule of reciprocity 2) low-ball 3) rule of commitment 4) high-ball
The real estate agents promoting a new recreational development offer would appear they are using the rule of reciprocity persuasion technique. Hence option (1) is the answer.
What is the most persuasive technique?People employ persuasion strategies as instruments to sway the thoughts and behavior of others. Persuasion techniques are crucial because they enable marketers to overcome the doubts held by potential customers and win their trust. The first and most important piece of advice for persuading a potential customer is to appear confident and have sufficient knowledge of the product.
When a speaker seems to be comparable to the audience, whether in terms of age, profession, or socioeconomic level, the audience is more receptive to persuasive techniques. Persuasion is the process by which messages from other individuals can affect a person's attitudes or behavior without putting them under pressure.
To learn more about potential customers, visit:
https://brainly.com/question/28499824
#SPJ1
What effects did zaha have on guggenheim new york?
The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.
Who is Zaha Hadid?Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.
Therefore, the correct answer is as given above
learn more about Zaha Hadid: https://brainly.com/question/7083561
#SPJ1
Transactional selling is a strategically developed, high-quality, long-term relationship that focuses on solving the customer's buying problems. (T/F)
The statement "Transactional selling is a strategically developed, high-quality, long-term relationship that focuses on solving the customer's buying problems" is FALSE because in transactional selling the focus is completing individual transactions with customers, with the goal of making a sale as quickly as possible.
Transactional selling is a sales approach in which a salesperson focuses on completing individual transactions with customers, usually with the goal of making a sale as quickly as possible. In this approach, the salesperson typically focuses on the features and benefits of the product, rather than building a long-term relationship with the customer.
The emphasis in transactional selling is on making a one-time sale, and the sales process often involves little or no follow-up after the sale is made. This approach is commonly used for products that are low-cost, frequently purchased, and have a short sales cycle.
Learn more about transactional selling here:
https://brainly.com/question/20708859
#SPJ4
please help me!!! I literally have no clue what it is
Answer:
Critical Thinking,Mathematics, and Operation and Control.
Explanation:
mercedes, company has the following quarterly financial information. 4th quarter 3rd quarter 2nd quarter 1st quarter sales revenue $ 931,800 $ 941,300 $ 939,600 $ 947,400 cost of goods sold 306,000 318,600 318,200 323,400 operating expenses 249,200 260,600 258,800 262,900 interest expense 4,350 4,350 4,350 4,250 income tax expense 85,800 88,700 88,700 91,200 average number of common shares outstanding 800,530 795,564 797,170 810,500 stock price when q4 eps released $ 24 required: a. calculate the gross profit percentage for each quarter. b. calculate the net profit margin for each quarter. c. calculate the earnings per share (eps) for each quarter. d. calculate the price/earnings ratio at the end of the year.
Based on the fact that Mercedes company has the following quarterly financial information, we calculated the following:
To calculate the gross profit percentage, net profit margin, and earnings per share (EPS) for each quarter, you can use the following formulas:
Gross profit percentage = (Sales revenue - Cost of goods sold) / Sales revenue
Net profit margin = (Net income / Sales revenue)
EPS = Net income / Average number of common shares outstanding
To calculate the price/earnings ratio (P/E ratio) at the end of the year, you can use the following formula:
P/E ratio = Stock price / EPS
a. Gross Profit Percentage:
4th Quarter: 67.3%
3rd Quarter: 66.3%
2nd Quarter: 66.4%
1st Quarter: 66.2%
b. Net Profit Margin:
4th Quarter: 8.4%
3rd Quarter: 7.6%
2nd Quarter: 7.7%
1st Quarter: 7.5%
c. Earnings Per Share (EPS):
4th Quarter: $1.11
3rd Quarter: $1.07
2nd Quarter: $1.07
1st Quarter: $1.05
d. Price/Earnings Ratio:
Price/Earnings Ratio = Stock Price / Earnings Per Share
Price/Earnings Ratio = $24 / $1.11 = 21.6
Learn more about Profit Percentages here:
https://brainly.com/question/15825562
#SPJ4
A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years? Round the answer to nearest dollar.
Answer:
6,456
Explanation:
Substitute the given values into the formula: A=Pe^-rt, where A represents the future value and P represents the initial (current) value.
The amount of value after 7 years when the purchase value of the speed boat is $13,000 should be considered as the $6,456.
Calculation of the amount:Since the speed bought purchase value is $13,000
The depreciation rate is 10% per annum compounded continuously
The time period is 7 years
So here the amount should be
= $13,000 * e^-0.70
= $6,456
hence, The amount of value after 7 years should be considered as the $6,456.
Learn more about interest rate here: https://brainly.com/question/24455071
what is true of the features used to judge a person’s credibility
When judging a person's credibility, several features are commonly considered such as Expertise, Consistency, Confidence etc.
Here are some characteristics that are often used to assess credibility:
Expertise: The person's level of knowledge, expertise, and qualifications in the relevant field or subject matter.Trustworthiness: The perceived honesty, integrity, and reliability of the person in their statements and actions.Consistency: The consistency and coherence of the person's statements, behavior, and past actions over time.Confidence: The level of confidence, self-assurance, and conviction demonstrated by the person when presenting information.Reputation: The person's track record, reputation, and credibility established through previous interactions, achievements, or testimonials.Objectivity: The person's ability to present information in an unbiased and objective manner, without personal biases or conflicts of interest.Evidence and Sources: The presence of credible evidence, sources, or references to support the person's claims or statements.Communication Skills: The person's ability to articulate ideas clearly, effectively communicate information, and respond to questions or challenges.It's important to note that the assessment of credibility is subjective and can vary depending on individual perspectives, biases, and the specific context in which the evaluation is taking place. People may weigh these features differently based on their own judgments and the importance they assign to each characteristic.
To know more about credibility refer to-
https://brainly.com/question/9783067
#SPJ11
What is the downside to booking a world-famous act?
a) They demand large fees
b) They command lower ticket prices
c) The audience is too small
d) None of the above
Yes, the correct option is a). They demand large fees. A booking is a contract to reserve a specific ticket, lodging, or location in advance.
Prices can be fixed by making reservations at a more economical rate for future travel. On Reservations, all reservation policies are thoroughly defined. Booking a world-famous act can come with a downside of having to pay a large fee. These acts have established their reputation and demand a high price for their performances. This can limit the budget for other aspects of the event and potentially result in higher ticket prices for the audience.
However, the upside is that booking a well-known act can attract a larger audience and bring in more revenue overall.
To learn more about Booking, click here:
https://brainly.com/question/24237932
#SPJ11
Discuss in your own words
1. Discuss the importance of having sources of capital and
good network in starting a business
2. Describe the role of legal requirments in starting a
business
3. Explain
1. Importance of sources of capital and good network in starting a business
The importance of having sources of capital and a good network in starting a business is that it provides a solid foundation for the company. Capital is required to invest in assets and support daily operations, while networking provides opportunities for collaboration, expansion, and access to resources. Both elements are critical to the growth and success of a business.
Sourcing capital is essential in supporting the development of a business idea from the onset. It is often challenging to find willing investors or lenders, but having a business plan that is well-thought-out, achievable, and marketable will go a long way in attracting support. Investors and lenders want to see that the business idea has the potential to make profits, as well as the ability to pay back the investment or loan.
Networks are essential in providing opportunities for growth and collaboration. Networking involves building relationships with other businesses, entrepreneurs, potential investors, and other stakeholders. These relationships can lead to referrals, recommendations, and other resources that can help the business grow and expand. Networking also provides the opportunity to learn from others who have already been successful in the field.
2. Role of legal requirements in starting a business
Legal requirements are essential in starting a business. The main answer regarding the role of legal requirements in starting a business is that they provide a framework for the business to operate within. These requirements help to protect the business, its employees, customers, and the environment. Legal requirements are also essential in ensuring that the business is operating legally and ethically.
The role of legal requirements in starting a business is to provide guidelines that businesses must follow. These requirements include registering the business, obtaining licenses and permits, paying taxes, adhering to zoning regulations, and following labor laws. Legal requirements also include environmental regulations, health and safety standards, and product labeling requirements. By complying with these requirements, businesses are demonstrating their commitment to operating ethically and legally, which helps to build trust with customers, employees, and investors.
Learn more about business plan: https://brainly.com/question/13160849
#SPJ11
________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value-based Marginal
Based on microeconomic theory, Total costs refer to the sum of the fixed and variable costs for any given level of production.
What makes Total Cost?Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.
Components of Total CostThe components of Total Cost include the following:
Prime costFactory costOffice cost Cost of sales, etc.Hence, in this case, it is concluded that the correct answer is "Total Cost."
Learn more about Total Cost here: https://brainly.com/question/25109150
revenue and expense events involving cash are classified as operating activities. (True or False)
True. revenue and expense events involving cash are usually classified as running activities in a statement of cash flows.
Working activities are the primary activities that generate revenue and incur expenses inside the everyday path of enterprise operations. those activities encompass the production and sale of goods or offerings, as well as the payment of expenses along with salaries, rent, and utilities.
Any cash acquired or paid within the direction of these activities, together with cash income, cash bills to suppliers, or cash receipts from customers, could be considered operating cash flows. The statement of cash flows is a financial assertion that shows how a enterprise generates and makes use of its cash, and is an crucial tool for studying a business enterprise's monetary performance.
Learn more about Operational Activities:
https://brainly.com/question/25530656
#SPJ4
what signs of maturity were shown towards the end of Tall Girl? Movie
After the adjusting entries have been completed, the adjusted balance in the deferred revenue account represents:______
After the adjusting entries have been completed, the adjusted balance in the Deferred Revenue account represents: The amount of the sales or services still owed to the customer.
What is deferred revenue?Deferred revenue can be defined as the amount a customers paid for the goods or product they are yet to received from a supplier.
The adjusted balance in a deferred revenue account means that company are still owing their customers because they are yet to supply goods to the customers despite the customers has paid the company.
Therefore the adjusted balance in the Deferred Revenue account represents: The amount of the sales or services still owed to the customer.
Learn more about Deferred revenue here:https://brainly.com/question/14834977
#SPJ1
Question 4 of 10
Which of the following is not a characteristic of both experiments and
surveys?
A. The researcher exercises direct control over at least one variable.
B. The data collected might be studied for patterns.
C. Subjects should be randomly selected.
D. Data are collected about a population.
SUBMIT
Answer:
C, Subjects should be randomly selected.
If you want a good result, you shouldn't throw random subjects in your survey.I hope this helped at all.
business studies June paper 1 2023
The increasing demand for sustainable and eco-friendly products presents both challenges and opportunities for Company X, a leading global technology firm that specializes in the production of smartphones. To meet this demand, the company will have to come up with environmentally friendly practices while still maintaining a competitive edge in the smartphone industry.
ChallengesThe following are the potential challenges that Company X may face in meeting the demand for sustainable smartphones:
1. High Production CostsThe production costs of environmentally friendly smartphones may be significantly higher compared to those of traditional smartphones. To reduce costs, Company X should seek alternative production methods and materials, which should be both cost-effective and environmentally friendly.2. Difficulty in Finding Reliable SuppliersSustainable production requires sourcing materials from ethical and environmentally conscious suppliers. To avoid sourcing from non-eco-friendly suppliers, the company will need to conduct due diligence on its supply chain.OpportunitiesThe following are the potential opportunities that Company X may leverage in meeting the demand for sustainable smartphones:
1. Increased RevenueStreamSustainable smartphones can create a new revenue stream for the company, attracting environmentally conscious consumers willing to pay a premium price for environmentally friendly products.2. Increased Market ShareThe demand for eco-friendly smartphones is growing. By producing sustainable smartphones, the company can increase its market share and, subsequently, its profitability.StrategiesTo address the challenges and capitalize on the opportunities, Company X should consider the following strategies:
1. Green Supply ChainThe company should adopt an environmentally conscious supply chain that focuses on sustainable sourcing and manufacturing. This will reduce the environmental impact of the company's products while reducing production costs.2. Sustainable Product DesignThe company should develop smartphones that are easy to recycle, energy-efficient, and manufactured using eco-friendly materials. Sustainable products will meet the increasing demand for eco-friendly products while minimizing waste and reducing environmental impact.3. Promoting Corporate Social ResponsibilityCompany X should promote corporate social responsibility through transparency, accountability, and ethical practices. Such practices will help build the company's reputation and increase customer loyalty.For more such questions on production
https://brainly.com/question/7924898
#SPJ8
NOTE- Full question is business studies June paper 1 2023
Question: Case Study: Company X is a leading global technology firm that specializes in the development and manufacturing of smartphones. Over the years, the company has faced intense competition and changing market trends. Recently, there has been a growing demand for sustainable and environmentally friendly products in the smartphone industry. Based on the given information, analyze the potential challenges and opportunities for Company X in meeting the demand for sustainable smartphones. Discuss the strategies the company can adopt to address these challenges and capitalize on the opportunities, considering both the environmental and business aspects. Support your answer with relevant examples and theoretical concepts from the field of business studies.
Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors
The majority of businesses in resort towns target tourists.
Who is the luxury hotel industry's target customer?As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.
What advantages come from forming and focusing on prospect groups?Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.
To know more about tourists visit:
https://brainly.com/question/27993350
#SPJ1
How does saving money help people avoid debt?
A.by helping them reduce interest payments
B. By helping them get approved for loans
C.by helping them apply for credit cards
D. By helping them cover unforeseen expenses
Answer:
D. By helping them cover unforeseen expenses