answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
disa [49]
2 years ago
15

Potential Market – the set of consumers who profess some level of interest in a defined market offer Mass Market – the set of co

nsumers who profess some level of interest in and have the requisite income to a defined market offer Available Market – the set of consumers with the interest, requisite income and access to a defined marketQualified Available Market – the set of consumers with the interest, requisite income, access and qualifications for a defined market offer offerHonda Ltd. of Japan is reviewing the motorcycle market of a Mid-Pacific island. A recent study revealed twenty percent (20%) of the island's 1,000,000 population exhibited an interest in owning a motorcycle. Of those interested, only fifty percent (50%) have the requisite income to purchase a Honda motorcycle. Three (3) Honda dealerships provide the island’s entire population with access to the defined market offer. However, twenty-five percent (25%) of the interested individuals with the requisite income and access to the defined market offer do not meet the island's minimum license age requirement of eighteen (18) years of age.Calculate the number, not percentage, of the people in each of the following levels of market definition. (Show calculations)a. Potential Marketb. Mass Marketc. Available Marketd. Qualified Available Market
Business
1 answer:
dybincka [34]2 years ago
4 0

Answer:

A

Potential market

Interested percentage of people x total population

1000000x20%

= 200000

B.

Mass market is potential market x those with requisite income in percentage

= 200000x50%

= 200000x0.5

= 100000

C

Available market is also mass market

= 100000

D.

Qualified market

Available market x minimum qualification in percentage

Percentage of Minimum qualification = 100 - 25%

= 75%

Qualified market = 100000x0.75

= 75000

You might be interested in
Most businesses replace their computers every two to three years. Assume that a computer costs $2,000 and that it fully deprecia
sineoko [7]

Answer:

$2000=Z/(1+i)^1+Z/(1+i)^2+Z/(1+i)^3

Explanation:

let Z be the annual minimum cash flow

The internal rate of approach can be used here, in other words, the rate of return at which capital outlay of $2000 is equal present values of future cash flows

In year 1, present value of cash =X/discount factor

year 1 PV=Z/(1+i)^1

year 2 PV=Z/(1+i)^2

year 3=Z/(1+i)^3

Hence,

$2000=Z/(1+i)^1+Z/(1+i)^2+Z/(1+i)^3

Solving for Z above would give the minimum annual cash flow that must be generated for the computer to worth the purchase

Assuming i, interest rate on financing is 12%=0.12

Z can be computed thus:

$2000=Z(1/(1+0.12)^1+(1/(1+0.12)^2+(1+0.12)^3)

$2000=Z*3.09497902

Z=$2000/3.09497902

Z=$646.21

3 0
2 years ago
In our first Class Discussion, explain why Dr. King believed his disobedience of the so-called "Jim Crow" law in Alabama was "co
pav-90 [236]
Dr. Martin Luther King Jr. trusted his noncompliance oF the Jim Crow laws in Alabama were conscionable on the grounds that he mentions that they had as of now attempted with negotiation, and Felt they were victims of broken guarantees. Dr. Lord communicated that peaceful direct action, was the main ethically substantial technique to convey injusTce to the surFace, where it could be seen and managed, and in this manner, they were Forced to ignore the law. Dr. Lord Jr. said "One has a lawful as well as an ethical duty to obey just laws.
6 0
2 years ago
When Coca-Cola determines the bottled-water competitors for its Dasani brand by identifying the products or sets of products wit
GarryVolchara [31]

Answer: Category membership

Explanation:    

 According to the given question, the given situation is basically determining the dasani's category membership as it helps in categorizing the various types of products and the services on the basis of their similar features and the characteristics.

The main purpose of the category membership is that it helps in understanding the various types of offers related to the specific brand and also the high competitive choice.

The customers basically wanted the product at lower price with high quality and they usually prefer the discount offers. Therefore, Category membership is the correct answer.  

   

4 0
2 years ago
Which of the following workers are most likely to be part of a union? (Select four answers.)
Ira Lisetskai [31]

a high school teacher,an assembly line worker,a plumber,a police woman

3 0
2 years ago
Higgs Bassoon Corporation is a custom manufacturer of bassoons and other wind instruments. Its current value of operations, whic
Gnom [1K]

Answer:

123.63 million

Explanation:

From the given information:

The total value for the firm is $200 million

The face value of debt is $110 million

Maturity of debt = 3 years

Risk free rate = 5 %

Standard deviation of return = 60%

Using Black-Scholes Option Pricing Model, the equity worth is computed in an Excel file and the screenshot is show in the image attached below.

5 0
2 years ago
Other questions:
  • Bubba is a shrimp fisherman who catches 4,000 pounds of shrimp per year. He can sell the shrimp for $5 per pound. His average to
    11·1 answer
  • Juanita is deciding whether to buy a suit that she wants, as well as where to buy it. Three stores carry the same suit, but it i
    13·1 answer
  • Grannyâs Restaurant sells apple pies. Granny knows that the demand curve for her pies does not shift over time, but she wants to
    15·1 answer
  • Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $14,800. The bank reconciliation for the period showe
    11·1 answer
  • Army officers use the expression "not in my lane", which derives from the basic marksmanship function of establishing firing lan
    6·2 answers
  • Thrifty Co. reported net income of $573,650 for its fiscal year ended January 31, 2020. At the beginning of that fiscal year, 10
    9·1 answer
  • Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta
    5·1 answer
  • Kamran Siddiqui owns a successful fitness center in an affluent suburb of Karachi, Pakistan. He just received funding and plans
    12·1 answer
  • Roberta is a real estate licensee representing the buyer. The buyer asks to see homes in a specific neighborhood. Roberta refuse
    14·1 answer
  • Given a need to raise capital of $2 million and attorney costs of $150,000, with an underwriter's spread of 3%, the amount of bo
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!