Answers
1. Two critical factors impacting the strategic plan at Fun Spotare : Purely untapped market and Calm & serene location.
2. The mission statment “there’s something here foreveryone” is very much market oriented since it caters to allsegments of the market - corporates, individuals, kids andfamilies.
3. Ron & Gail monitor the business portfolio bychanging/upgrading the rides, including added attractions and byhaving catering to additional segments of consumers.
4. Fun Spot falls in the 1st quadrant i.e.
It is a Star. Thereason for this business to be a star is that the business isexperiencing a very high growth rate and has no competitors. Themarket is still very under penetrated, so, there is a hugepotential for growth. The market share is totally dominated by Funspot due to absence of competition.
5. Market penetration strategy:
- Providing Good deals (discounts etc.) to corporate houses
- Attracting more people to organise Weddings at Fun Spot
- Providing lodging to visitors - soemthing like a Resort with aSpa
- Added attractions for kids like candies stand etc.
6.
Ron & Gail focus on continuosly renopvating the rides andadding newer attractions that focus on all segments of themarket
.Similar Solved Questions
1 answer
1) use java to print the sum of the list (any #s) using keyboard, also using...
1) use java to print the sum of the list (any #s) using keyboard, also using a while loop and for-loop and do-loop. ( 3 separate programs )....
1 answer
You're about to get on a plane to Seattle. You want to know if you should...
You're about to get on a plane to Seattle. You want to know if you should bring an umbrella. You call 3 random friends of yours who live there and ask each independently if it's raining. Each of your friends has a 2/3 chance of telling you the truth and a 1/3 chance of messing with you by ly...
1 answer
Genetic engineering is an exciting new development, however, it holds both great promise and great risk. Is genetic engineering a threat to the environment and to our health, or is it a safe proc...
Genetic engineering is an exciting new development, however, it holds both great promise and great risk. Is genetic engineering a threat to the environment and to our health, or is it a safe procedure that could provide us with great benefits? Write a mini essay in which you present the opposing vie...
1 answer
Choose the correct answer please FERTILIZATION Pairing of gametes Haploid (N) Diploid (2) Figure 5 Figure...
choose the correct answer please FERTILIZATION Pairing of gametes Haploid (N) Diploid (2) Figure 5 Figure 5 shows the life cycle of a single celled alga. How will this differ from the life cycle for a bryophyte? a. This life cycle does not involve seeds at any stage. b. This life cycle alternates...
1 answer
Question 14 Refer to the PPF below to answer the questions. The opportunity cost of increasing...
Question 14 Refer to the PPF below to answer the questions. The opportunity cost of increasing steel from 75 to 80 tons is Not yet answered Marked out of 1.00 Flag question Tons of wheat 20 80 90 100 75 Tons of steel Select one: o a. 45 tons of wheat O b. 30 tons of wheat o c.50 tons of wheat O d. 3...
1 answer
What should a nurse keep in mind regarding clients following ethnic diets
what should a nurse keep in mind regarding clients following ethnic diets...
1 answer
10. The DuPont equation Corporate decision makers and analysts often use a technique called DuPont analysis...
10. The DuPont equation Corporate decision makers and analysts often use a technique called DuPont analysis to understand and assess the factors that drive a company’s financial performance, as measured by its return on equity (ROE). Depending on the version used, the DuPont equation will deco...
1 answer
Homework 13 Item 3 A small box with mass 0.5 kg is attached to a spring...
Homework 13 Item 3 A small box with mass 0.5 kg is attached to a spring (k -350 N/m) and oscillates left and Part A right. At a paticular moment,, the box is 30 cm to What is the maximum distance to the right of its equilibrium position the box will reach? the right of its equilibrium position movin...
1 answer
Can you help me understand the part that is required from the given? MGT 5 -...
can you help me understand the part that is required from the given? MGT 5 - MANAGERIAL ACCOUNTING PROBLEM 8 GIVEN: 66 VC/UNIT VC % FC TAX RATE AFTER-TAX NI 75.00% 396,000 30% 141,680 REQUIRED PREPARE A COMPLETE INCOME STATEMENT REFLECTING THE ABOVE DATA PER UNIT TOTAL UNITS = 27,200 88 SALES VC CM ...
1 answer
What is the hard part or hard to understand in pharmacology princicples ?
what is the hard part or hard to understand in pharmacology princicples ?...
1 answer
Simple harmonic oscillation is a type of motion that obeys the equation dt where o is...
Simple harmonic oscillation is a type of motion that obeys the equation dt where o is called the angular frequency of the oscillation. Assume that we have a spring-mass system with a spring constant k and mass m. Find the angular frequency of the oscillation of the mass about its equilibrium positio...
2 answers
What does Hubble's law imply about the history of the universe?
What does Hubble's law imply about the history of the universe?...
1 answer
Number the following transcriptional events in order, with 1 being the first event, and 5 being...
Number the following transcriptional events in order, with 1 being the first event, and 5 being the last transcription ends and new mRNA is released free ribonucs H-bond to template in a complementary antiparallel fashion > RNA polymerase forms covalent bond between two nucleotides ss binding pro...
1 answer
Question 30 (Mandatory) (5 points) Wine D Bread Figure 2-1 Reference: Ref 2-1 Refer to Figure...
Question 30 (Mandatory) (5 points) Wine D Bread Figure 2-1 Reference: Ref 2-1 Refer to Figure 2-1. An economy is operating at full employment, and then workers in the bread industry are laid off. This change is portrayed in the movement from: OA) C to F B) G to F OC) A to B D) B to E...
1 answer
Home / study / math / statistics and probability / statistics and probability questions and answers...
home / study / math / statistics and probability / statistics and probability questions and answers / we have these two datasets from a sample with 5 observations (n = 5): monthly check fee at ... Question: We have these two datasets from a sample with 5 observations (n = 5): Monthly check fee at a ...
1 answer
Please answe the questions from E to K Problem 19-1 Use the financial statements of Helfer...
please answe the questions from E to K Problem 19-1 Use the financial statements of Helfer Sports Inc. to find the information below for Helfer. (Use 365 days a year. Round all answers to 2 declmal places except $ amounts.) Income Statement 2017 Sales $5,630,000 2,936,000 289,400 1,550,000 854,60...
1 answer
Refer to the table of estimated regressions below, computed using data for 1998 from the CPS,...
Refer to the table of estimated regressions below, computed using data for 1998 from the CPS, to answer the following question. The data set consists of information on 4000 full-time full-year workers. The highest educational achievement of each worker was either a high school diploma or a bachelor&...
1 answer
Ich of the following is a eukaryotic characteristic? A) binary fission B) membrane-bounded nucleus C) little...
ich of the following is a eukaryotic characteristic? A) binary fission B) membrane-bounded nucleus C) little processing of RNA D) 70S ribosomes E) none of the above 1. Whi 2. The size range of most bacterial cells is A) 1-10 nm B)1-5 μm C) 10 -50 um D) 0.1-0.5 mm E) 50-100 mm 3. Which of the foll...