Elderly travelers as well as those who are physically challenged find it hard to climb stairs when they are allotted motel rooms which are not on the first floor.The Convenience Inn has succeeded in catering to this specific group of customers via its motels,all of which have one floor of rooms with no stairs to climb.Which of the following refers to The Convenience Inn's success in identifying distinct groups of consumers whose needs,wants,and purchasing behavior differ from others in important ways?A) market penetrationB) market developmentC) market segmentationD) product developmentE) diversification

Answers

Answer 1

Answer:

C) market segmentation

Explanation:

The market segmentation refers to the segmentation of the market i.e division that are depended upon various attributes like the same interested, needs, locations, taste and preferences. It could be behavior, geographical, psychographic, demographic, etc

In the given situation, since Convenience Inn is succeeded in catering to the particular customer groups so this represents the market segmentation

Related Questions

why does human want change over a period of time ?

Answers

Every human has a desire for better standards of living. For this, they need to change with their desires and wants for the better in terms of food, clothing, and living

Ashley bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 more than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 6% per year. The total finance charges for one year were $398. How much did each computer cost before finance charges

Answers

Answer:

Laptop = $3250

Desktop = $2900

Explanation:

Total finance charge = $398

Laptop cost = 350 + x

Desktop = X

Workings

Finance cost = (7% *X ) + (6% * 350+x ) = 398

0,07 X + 0.06 X + 21 = 398

0.13 X + 21 = 398

0.13 X = 398 -21

0.13 X = 377

Therefore ,X = 377/0.13

=2900

Cost of Desktop = 2900

Cost of Laptop =2900+350 =3,250

XYZ assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a finance fee of 1% on the transaction upfront. What would be recorded as a gain (loss) on the transfer of receivables

Answers

Answer:

Explanation:

Data provided in the question

Account receivable assigned = $6,000,000

For Collateral = $2 million

Percentage = 8%

Finance fee = 1%

Based on the above information, the amount of gain or loss that should be recorded at the time of transfer of receivable is zero as the account receivable is used for a collateral purpose ,not for sale purpose

Therefore, the $0 should be recorded

Other Questions

what cell structure helps the cell stay flexible and maintain homeostasis? aA solid metal cone of base radius a cm and height 2a cm is melted and solidspheres of radius are made without wastage. How many such spheres can bemade? what are two groups who discovered america by crossing the atlantic before columbus? (not the vikings) Este Premio Nobel significa un portaestandarte para proseguir con la denuncia de la vioiacin de los Derechos Humanos, que se cometen contra los pueblos en Guatemala, en Amrica y en el mundo, y para desempear un papel positivo en la tarea que ms urge en mi pas, que es el logro de la paz con justicia social. Sin duda alguna, constituye una seal de esperanza para las luchas de los pueblos indgenas en todo el Continente. Tambin es un homenaje para los pueblos centroamericanos que an buscan su estabilidad, la conformacin de su futuro y el sendero de su desarrollo e integracin sobre la base de la democracia civil y el respeto mutuo. -speech Which sentence would be a part of the same speech in English? A In this moment, by a pure stroke of undeserved luck, I am the direct voice of the poets from my race and the indirect voice of the noble Spanish and Portuguese languages. B On top of all this, it is also an instrument in the fight for peace, for justice, for the rights of those who suffer economic, social, cultural, and political inequalities. C Our rash worship of progress and advances in our fight to dominate nature have converted into a career sui cide for me.D At the close of this century we have discovered that we are part of an immense system that goes from plants and animals to cells, molecules, atoms, and the stars in the sky. how is suspense created in a retelling of a myth ? A mass of 5 kg stretches a spring 10 cm. The mass is acted on by an external force of 10sin( t ) N(newtons) and moves in a medium that imparts a viscous force of 2 N when the speed of the mass is 4 cm/s. If the mass is set in motion from its equilibrium position with an initial velocity of 3 cm/s, formulate the initial value problem describing the motion of the mass. A)Find the solution of the initial value problem in the above problem. B)Plot the graph of the steady state solution C)If the given external force is replaced by a force of 2 cos(t) of frequency , find the value of for which the amplitude of the forced response is maximum. Estimate. Then determine the area. Please please please, need help! A stock had returns of 15.51 percent, 22.47 percent, 8.68 percent, and 9.43 percent over four of the past five years. The arithmetic average return over the five years was 12.71 percent. What was the stock return for the missing year? A 1.0 L buffer solution is 0.250 M HC2H3O2 and 0.050 M LiC2H3O2. Which of the following actions will destroy the buffer?A. adding 0.050 moles of NaOHB. adding 0.050 moles of LiC2H3O2C. adding 0.050 moles of HC2H3O2D. adding 0.050 moles of HClE. None of the above will destroy the buffer. Particularists claim that justice is . . . Group of answer choices always the most important moral consideration. always an important moral consideration, though not always the most important one. sometimes an important moral consideration and sometimes not. never an important moral consideration. Solve: 5x2 + 25x = 0 Onslow Co. purchases a used machine for $178,000 cash on January 2 and readies it for use the next day at a $2,840 cost. On January 3, it is installed on a required operating platform costing $1,160, and it is further readied for operations. The company predicts the machine will be used for six years and have a $14,000 salvage value. Depreciation is to be charged on a straight-line basis. On December 31, at the end of its fifth year in operations, it is disposed of.Required:Prepare journal entries to record the machine's disposal under each of the following separate assumptions: a. It is sold for $22,000 cash. b. It is sold for $88,000 cash. c. It is destroyed in a fire and the insurance company pays $32,500 cash to settle the loss claim. What artist cut off his ear ____________ a regulatory protein that may bind DNA to inhibit transcription. ____________ a DNA sequence that binds a regulatory protein. ____________a DNA sequence that binds RNA polymerase and regulates transcription. ____________a compound that interacts with another protein or compound to form an active repressor ____________a compound that induces or activates transcription, such as lactose.a. Repressorb. Operator c. Promoterd. Corepressore. Inducer I know how to do it but right now I'm cooking and have no time please say if the first part is right and the second part will be much appreciated! The cost, C, in United States Dollars ($), of cleaning up x percent of an oil spill along the Gulf Coast of the United States increases tremendously as x approaches 100. One equation for determining the cost (in millions $) is: Please someone help me Separate it to prefix suffix root word hypertension diabetes photophobianauseaemesisdiagnosisshingles meningitis cellulitiserythrocyte basal metabolic sedimentation tomographylumbar cerebrospinal fluid afebrile respiratory oxemetry atraumatic normocephalicpalpationcervical extraocular deformities symmetric auscultationrhythm abdomen extremities neurologic interpreter cervical collar The declaration, record, and payment dates in connection with a cash dividend of $77,000 on a corporation's common stock are October 1, November 7, and December 15. Required:Journalize the entries required on each date. A flat loop of wire consisting of a single turn of cross-sectional area 7.30 cm2 is perpendicular to a magnetic field that increases uniformly in magnitude from 0.500 T to 3.50 T in 1.00 s. What is the resulting induced current if the loop has a resistance of 2.60