In the leisure market, this may apply to businesses such as Clinton Cards. Clinton Cards has recently gone into administration due to falling sales caused by increasing online competition. It is likely that growth maximisation is its main objective at the moment in a bid to increase its already diminishing market share in an attempt to survive. Some other firms in the leisure market, such as , will have the objective of revenue maximisation. This is when the objective of the firm is achieving as high a total revenue as possible and occurs when marginal revenue is equal to zero, as shown on the graph.
A merger would best be used in this situation since it will help lower his taxable income and he can improve his operations and competitiveness. If he feels that the investment in new manufacturing equipment will help increase profits and can take on the extra liability, then he should buy Smithon. His debt –to-equity ratio will rise and may cause him to have a hard time getting money to finance his company. But with a two year loss he is keeping his taxable income down and may be able to show investors that things are going to turn around when all operations are working together and
A chart in source B shows that the amount of mail that needs to be delivered has greatly decrease over the past two years. The USPS needs to work on streamlined and more effective method of sending mail. Source C states how Potter plans to improve the system. It states, “that could mean an end to Saturday delivers, longer delivery times for letters and packages, higher postage-stamp prices that exceed the rate inflation...” I however, disagree with the methods they are using to attempt to improve the system. I think instead of cutting back on hours, more should work to get mail to a place quickly and efficiently.
* The recipient may not open or choose not to respond * Survey answers may be inattentive, just to get the promo or offers (b)Advantages of an online survey of Carmex Facebook likers:- * Cost effective * Sample population of actual Carmex product users * Respondent can just click on the flavor to register their preference * More accurate result. Disadvantages:- * The sample misses the nonusers of Carmex lip balm * Carmex lip balm users who are not Carmex Facebook Likers are not sampled 2(a) On a Facebook brand page, what are “engagement” and “likes” really measuring? (b) For Carmex, which is more important and why? a) On a Facebook brand page, “engagement” measures how active its Facebook audience is with a specific brand through activities like posting a comment, liking a status or by replying to one of the post on brand page. In contrast “likes” measures the number of likers or the size of the audience on Facebook.
The development of technology like the internet has most probably had the biggest impact on the travel and tourism industry. The internet has decreased the need for independent travel agents now as the internet provides people with a means of booking their own holidays online, as well as being able to use comparison websites such as Expedia, or directly with the holiday providers and transport services. Now even the smallest of travel and tourism providers have responded to technological developments so that they have their own websites and email addresses, online booking, and payment methods. When the recession hit, the number of business travellers declined, as they were trying to find cheaper ways of communicating with fellow business relations by using methods such as telephone and video conferencing instead of paying to book flights and accommodation. These methods have increased because it helps the business to reduce their expenses and watch their budget more carefully.
Individual Assignment #1 Matt Hyungmin Shin 1. The Performance Indicator Technology does not increase the value that can be created in the used golf ball market. The decrease of the value would be driven by decreases in customer benefit as well the quantity sold. Customer benefit will decrease with the customers’ realization of the compromised performance level of the used golf balls. Despite no change in the manufacturing cost, the increasing number of golfers who switch to buying new PI technology implemented golf balls would further decrease the quantity of used golf balls.
The CPA or CPA firm would at least have reputational interest in the financial report that it “managed”. This human nature will impair the CPA or CPA firm’s independence, and will decrease the reliability of the audit report. Second, self-interest focuses on the interest of decision makers. The CPA or the individual partner of the CPA firm would probably increase his own compensation by serving as both the entity’s consultant and auditor. On the other side, for the entity, hiring the same firm as both consultant and auditor can save it audit expense, since the CPA or CPA firm has already known a lot about it when performing consulting, thus decreasing its audit hours.
However they would have notify customers of the use of the technology in their stores, as underage people may wish to avoid the stores which could lead to a decrease in sales from the stores who use the system. The storage of customer details may also provide opportunity for the company to benefit, as it may allow them to send customer advertisements or flyers, promoting their business and special offers analysis. The convenience of the technology is vast, but the initially costs as well as maintenance may be large, and to justify the use of the technology it would have to be ensured that it is worthwhile, depending on the size and revenue of the store. Also if the technology was not reliable it could lead to further large costs for the company and would be very inconvenient to employees and possibly customers, possibly leading to a decrease in sales
First what he did was to revise the Product Mix: Exit lines that do not sell and are unprofitable and stay with the following lines: Superbike, Naked, Multistrada, Sports Classic. This will reduce operating expenses, focus R&D on specific needs, and improve efficiencies on maintenance (a savings that can be passed on to the customer). And study the operational expenses: Despite selling more in 2002 they are making less profit than in 1999. This indicates there are issues with operating expenses Second was to analyze the Operational Expenses: Revise outsourcing policies, consolidate retail distribution and consider online distribution
Rather than improve transportation that can aid all citizens, focusing on AVs could merely perpetuate our individualistic car-centered society by starving public transit of riders. One of the current key attractions of public transit is that one can read or use a smartphone. When those activities can be done in a private car, fewer citizens may use mass transit. This, in turn, may reduce fare income and lead public transit authorities to either cut services or increase fare costs, which may create a vicious circle of declining transit ridership. AVs are also likely to be substantially more expensive than conventional cars, However, these outcomes are not predetermined, and can be addressed through a variety of policy tools.