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s344n2d4d5 [400]
2 years ago
5

Soon-Yi Park’s chain of travel agencies has identified the lesbian, gay, bisexual, and transgender community as a growing market

that spends an increasing percentage of its income on travel. Which of the following would be the LEAST effective component of a marketing plan for Soon-Yi to take advantage of this opportunity?
a. develop a presence on LGBT-oriented social networking sites
b. position his agency as focused on specialized experiences
c. implement a mass marketing campaign
d. place specially-targeted ads in gay-themed publications
e. advertise on LOGO, the cable television network aimed at gays and lesbians and their friends and family
Business
1 answer:
xenn [34]2 years ago
5 0

Answer: Implement a mass marketing campaign

Explanation:

From the question, we are informed that Soon-Yi Park’s chain of travel agencies has identified the lesbian, gay, bisexual, and transgender community as a growing market that spends an increasing percentage of its income on travel.

The least effective component of a marketing plan for Soon-Yi to take advantage of this opportunity is implementing a mass marketing campaign. Rather, Soon-Yi should use a strategy relating to those in LGBT.

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You want to start an organic garlic farm. The farm costs $190,000, to be paid in full immediately. Year 1 cash flows will be $25
valentina_108 [34]

Answer:

internal rate of return 31.8%

Explanation:

on excel we will list each cash flow:

Y0 -190,000

Y1   25,000

Y2    37500 (Y1 x (1+g) = 25,000 x 1.05)

Y3 56250    (37,500 x 1.05)

Y4 84375     (56,250 x 1.05)

Y5 386562.5 (84,375 x 1.05 + 260,000 from the sale)

we now write =IRR( and select the cells then, press enter

the IRR function return: 31.8503%

we round into 1 percent 31.8%

3 0
2 years ago
You just opened a brokerage account, depositing $3,500. You expect the account to earn an interest rate of 9.652%. You also plan
Afina-wow [57]

Answer:

$108,583.98

Explanation:

Given:

Initial deposit = $3,500

Rate = 9.652%

You also plan on depositing $4,500 at the end of years 5 through 10.

Required:

What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return?

First calculate the future value of first installment, $3500 at end of year 20, since the amount was not deposited at once:

3500 * PVIF(0.9652, 20) = 22,100.35

Calculate the future value of annual deposits at end of year 10:

Given, N = 6 years )i.e from 5 to 10 years)

I/Y = 9.652%

PV = 0

PMT = $4,500

FV(9.652%, 6, 4500, 0)

FV = $34,416.63

Calculate the future value of annual deposits at end of year 20:

Given, N = 10 Years (from end of year 10, to year 20)

PV = 34,416.43

I/Y = 9.652%

FV = 34,416.43 * PVIF(0.9652, 10)

FV = $86,483.63

The total future value at end of year 20:

Future value of initial deposit + Future Value of annual deposits

= $22,100.35 + $86,483.63

= $108,583.98

The value of the account at the end of 20 years = $108,583.98

5 0
2 years ago
Imagine two cities, Hometown and Visitorsville, where the rich, middle, and poor income recipients in one city have annual incom
Grace [21]

Answer:

The answer is letter A.

Explanation:

The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.

6 0
2 years ago
Pablo Management has nine part-time employees, each of whom earns $145 per day. They are normally paid on Fridays for work compl
Pie

Answer:

Adjusting & Accrued Wages Adjusted Payment:

To record the outstanding payment of wages for 1 day following journal entry has been passed. The salaries cost account has been charged by an amount of  (9 workers × $145) $1,305 and the account of wages payable has been credited with the same amount to adjust the journal entry as shown below:

Date: 31 Dec

Debt: Wage expense = $1,305

Credit: Wage Payable = $1,305

Accrued Wages of one day is recorded.

5 0
2 years ago
Read 2 more answers
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
faust18 [17]

Call employees at any level in the organisation “partners” and reward empowerment in decision making.

Explanation:

The CEO of a company has the leading role in the management of its operations and the resources, which is the main point of contact between the board of directors (the board) and the corporation, as a large corporate decision-making body.

Executives often believe that workers are empowered by just wanting to do so. The executives say to the workers, "You are empowered." "The decisions can be made. I think success occurs as workers are told I are motivated in a broad-based way.

7 0
2 years ago
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