• ABC Travels is a travel company that offers foreign tour packages. The company wants to know what AMERICAN travelers look for when booking a holiday to a foreign country. The typical customers for this company are usually a family group of four. The family group usually has two children.
• (a) Formulate at least two research questions for the problem.
• (b) State the unit of analysis of your study.
• (c) What is your independent and dependent variable?
• (d) State your research objectives and the research hypotheses.

Answers

Answer 1

Answer:

a) Research questions:

What factors do American families consider when choosing a foreign holiday destination?What are the most important factors that influence the decision to book a foreign tour package with ABC Travels?

b) The unit of analysis of the study is American families.

c) The independent variable is the factors that American families consider when choosing a foreign holiday destination. The dependent variable is the decision to book a foreign tour package with ABC Travels.

d) Research objectives:

To identify the factors that American families consider when choosing a foreign holiday destination.To determine the most important factors that influence the decision to book a foreign tour package with ABC Travels.

Research hypotheses:

The cost of the tour package is a significant factor in the decision to book a foreign tour package with ABC Travels.The destination of the tour package is a significant factor in the decision to book a foreign tour package with ABC Travels.

Related Questions

The financial statements of Danielle Manufacturing Company report net sales of $600,000 and accounts receivable of $60,000 and $90,000 at the beginning and end of the year, respectively. What is the receivables turnover ratio for Danielle? 4 times 6.67 times 8 times 10 times

Answers

The financial statements of Danielle Manufacturing Company report net sales of $600,000 and accounts receivable of $60,000 and $90,000 respectively. Danielle's receivables turnover ratio is 8 times.

Receivable turnover ratio = Turnover / Average account receivables

= $600,000 / [($60000 + $90000) / 2]

= 8 times

What is receivable's turnover ratio?

The efficiency with which a business is able to collect on its receivables or the credit it gives to clients is measured by the receivable's turnover ratio. The ratio also counts the number of times a company's receivables are turned into cash over a specific time period.

What Is a Good Turnover Ratio for Accounts Receivable?

In general, a greater number is preferable. It indicates that your clients are paying on time and that your business is proficient at collecting.

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is an extension of team selling in which members at various levels of a sales organization call on their counterparts in a buying organization.

Answers

Multi leveling is  an extension of team selling in which members at various levels of a sales organization call on their counterparts in a buying organization.

What is multileveling?

Some direct sales organizations utilize a marketing (MLM) strategy to market their goods and services. MLM encourages current members to recruit new people into the company by promoting and selling their products to other people.

A portion of the revenue made by their recruits go to distributors. New hires join the distributor's network, or downline, and are then prodded to close deals in order to generate money.

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back-to-school mindy clv average revenue per customer per period average customer relationship length cac all costs spent to acquire customers in a period number of customers acquired in the period

Answers

The average purchase value, average frequency, and average customer longevity of your customers are multiplied to determine customer lifetime value.

What is the average customer's CLV? Customer Lifetime Value is calculated by multiplying the average purchase value, average purchase frequency, and average customer lifespan of your customers. The formula will show you how much an average customer is worth to your company over the course of the relationship.Customer Lifetime Value is typically calculated using the formula Customer Value x Average Customer Lifespan. A more straightforward formula for CLV is "Annual income per customer times customer relationship in years minus customer acquisition cost." In other terms, the average order total times the typical number of transactions made in a year times the typical retention time in years equals the average customer lifetime value.Based on current data, this gives the average lifetime value of a customer.

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Why would a company have a physical headquarters in one state but file for incorporation in another state?.

Answers

Answer:

Employees pay income taxes based on the rates of the chartering state, so a company may choose to charter in a state with lower income taxes.

according to brenkert, the presence of atypical harm from the products is the necessary condition for vulnerability.
a. true
b. false

Answers

The following statement "According to Brenkert, the presence of atypical harm from the products is the necessary condition for vulnerability" is false

Vulnerability people who, compared to the general population, are more vulnerable to the impacts of risk factors.

Vulnerability might take the form of social, cognitive, environmental, emotional, or even military. Vulnerability is a notion that, in regard to risks and catastrophes, connects people's interactions with their surroundings to the social forces, institutions, and cultural ideals that support and oppose them.

Within European Bioethics, the concept of vulnerability is a distinct notion. Vulnerability is an expression of human limitations and weakness on the one hand and a moral and ethical code of conduct on the other.

Hence the correct option is B

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A competitive action can be one of two types, either __________ or __________.

Answers

Answer:

strategic, tactical

Explanation:

Once alcohol is in the bloodstream how long will it take for it to reach the brain

Answers

It will take as little as 5 minutes

Which of the following is the greatest risk to information systems and causes the greatest dollar losses?
A) Dishonest employees
B) Human errors and omissions
C) Computer crime
D) Physical threats such as natural disasters

Answers

Human errors and omissions is the greatest risk to information systems and causes the greatest dollar losses.( OPTION B).A type of human error in which a user malfunctions because they neglect to carry out a crucial task or activity.

Like pressing the wrong control button. Error of commission is comparable. A planned operation that does not provide the desired results is referred to as having experienced human error. For instance, failing to set the parking brake on your car or malfunctions using the brakes when driving on a slick, rainy road. In companies adopting standard operating procedures, failure rates typically range from 10 to 30 mistakes neglect for every 100 opportunities.

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The Soviet domination over the Eastern European economies was so rigid that, by the end of the 1970s, the Eastern Europeans did over 90 percent of their business with the USSR.a. True
b. False

Answers

This assertion is False because the Soviet monopoly over the economies of Eastern Europe was so severe that, by the end of the 1970s, over 90% of their trade was with the USSR.

What is the best definition of economies?

A community's resource allocation is ultimately determined by a collection of connected production and utilization collectively referred to as an economy. The demands of persons who live there and conduct business there are met by the production & consumption of products and services in their entirety. An economy is indeed a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain which places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.

What is the importance of economies?

Economics attempts to address the issue of scarcity, which arises when consumer demands for products and services outweigh the supply. The division of labor in the modern economy allows people to make money by specializing in what they create, which they then use to buy the goods they need or want.

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Which one of the following stocks is correctly priced if the risk-free rate of return is 3.4 percent and the market risk premium is 7.9 percent? Stock Beta Expected Return .A. 85 85.0%B 1.50 15.25 C 1.31 11.25 D 1.23 . 11.77E 95 8.65

Answers

B 1.50 15.25

1.50 15.25  is correctly priced if the risk-free rate of return is 3.4 percent and the market risk premium is 7.9 percent.

In economics, a marketplace is a composition of structures, establishments, processes, social family members or infrastructures wherein parties have interaction in trade. even as parties may additionally trade goods and services by using barter, most markets depend upon dealers imparting their items or offerings (such as labour power) to shoppers in change for cash. it may be stated that a marketplace is the system by means of which the prices of goods and services are installed. Markets facilitate exchange and enable the distribution and allocation of assets in a society.

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Li Jung, a Chinese citizen, works for a phone manufacturer in China. Currently, he is i office in Cleveland, Ohio. In this scenario, Li Jung is regarded as an expatriate.

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If Li Jung, a Chinese citizen, works for a phone manufacturer in China. Currently, he is i office in Cleveland, Ohio. In this scenario, Li Jung is regarded as an expatriate.

What is expatriate?

Expatriate can be defined as the person who work and live outside their own country or a person who work and live in a country in  which they are not a citizen of.

Example of an expatriate is when a person who was born in United state of America work and live in the United Kingdom.

A person who is employ to work and live  in another country that is not their  original country is often know as an expatriate.

Therefore LI jung is an expatriate.

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The complete question is:

Li Jung, a Chinese citizen, works for a phone manufacturer in China. Currently, he is i office in Cleveland, Ohio. In this scenario, Li Jung is regarded as an                .

A. Expatriate

B. Outsourcing

C. Insourcing

Cindy’s Car Wash has average variable costs of $1 and average fixed costs of $3 when it produces 100 units of output (car washes). The firm's total cost is

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Cindy’s Car Wash has average variable costs of $1 and average fixed costs of $3 when it produces 100 units of output (car washes). The firm's total cost is 500 $.

What are the Variable costs?

Variable costs are costs that change depending on the amount of a good or service the company produces. Variable costs are the sum of all marginal costs throughout all produced units. They could also be viewed as regular expenses. Variable costs are the two components of the total cost.

Variable costs fluctuate depending on how much product is produced. Variable costs include, for example, labor, commissions, and raw materials. The number of fixed expenses is constant regardless of the degree of production. Lease but also rental payments, insurance, including interest payments are examples of fixed costs.

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Which of the following refers to a group of products offered by a firm that are physically similar or are intended for a similar market?

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Product line refers to a group of products offered by a firm that are physically similar or are intended for a similar market.

The term "product line" refers to a group of related goods sold by the same company under the same brand name. In an effort to differentiate their various product lines from one another and make them easier for consumers to utilize, firm sell a variety of product lines under their various brand names.

Firms commonly expand their products by adding to existing product lines since customers are more likely to purchase goods from brands they are already familiar with. Product mix or product portfolio refers to the collection of a company's product lines. Except for loss leaders, it is advisable to discontinue product lines that are not profitable.

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Which of the following should an organization consider when making make/buy/rent decisions for a given software system?

Answers

An organization should consider the following when making make/buy/rent decisions for a given software system:

Competitive advantage, Legal and compliance, Skills, expertise, and labor, Time, Cost

What are the factors to be considered when making buy/rent decisions?

The factors that bodies or companies or even supervisors should consider when making a rent, or buy decision include the following:

competitive advantage, security, legal and compliance issues, the organization's skill and available labor, cost, time, and vendor issues.

Therefore, the correct answer is as given above

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Labor unions obtain higher wages for their members by reducing the profits of the business owners in the short run and in the long run. a. Trueb. False

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The statement is False. Labor unions obtain higher wages for their members by reducing the profits of the business owners in the short run and in the long run.

Becoming a member of together in union permits workers to negotiate for better wages and benefits and improve conditions on the place of their job. There are thousands and thousands of union participants in America from all walks of life.

A hard Labor union is a business enterprise formed by means of employees which will negotiate for higher people's rights, including better pay, more secure running conditions, and higher blessings. A labor union chooses representatives to negotiate on its behalf with the company.

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Using the timeline on pp. 1524-1526 in the Norton Anthology of African American Literature 3rdEdition, Volume II, identify what you believe are the three most important events that occurred during the period from 1960-1975 and explain how each event influenced the literature of the period.

Answers

An overview of Norton Anthology of African American literature since 1945 and from the period 1960-1975 and events that influenced the literature of the period.

The political divisions, upheavals, and ambiguities of the 1960s were reflected in the decade's literature as authors grappled with shifting attitudes toward social involvement, corporate and governmental power, individual and minority rights, drug use, and technological advancements like television and consumer air travel that allowed for a more global perspective but disrupted traditional ways of thinking about time.

"An Overview of American Literature" sought to produce an aesthetic that was both rigorously credible and philosophically acceptable. Authors could express specific experiences on broad platforms like literary feminism and the Black Arts Movement without feeling like they were speaking for their race, ethnicity, or gender.

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glover owns a candy store and a jewelry store. Both businesses are operated in a mall. She also owns a restaurant across the street and a book store several blocks away. Which of the following statements is true?a.All four businesses can be treated as a single activity if Gloria elects to do so.b.All four businesses must be treated as separate activities.c.The candy store, jewelry store, and book store can be treated as a single activity, and the restaurant must be treated as a separate activity.d.The candy store, jewelry store, and restaurant can be treated as a single activity, and the book store must be treated as a separate activity.e.The candy store and jewelry store can be treated as a single activity; the restaurant must be treated as a separate activity, and the book store must be treated as a separate activity.Answer: a

Answers

The answer is option a which is  that all four businesses can be treated as a single activity if Gloria elects to do so.

What elements make up a business?

A business is an organization or enterprising body that carries out commercial, industrial, or professional activity. Businesses can be either for-profit corporations or nonprofit institutions. Partnerships, corporations, limited liability companies, and sole proprietorships are some of the several company structures.

Why is a business there?

A company's goal is to provide customers with something valuable, which they subsequently trade for cash or other kinds of payment. The compensation must, at a minimum, pay for the owner's necessary living expenditures as well as business operational costs.

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Which of the following FHA insurance programs allows a borrower to purchase a home having deficiencies that prevent it from being financed with a standard home loan and provides money to complete repairs or enhancements once the property is acquired? O conventional mortgage O loan Section 203 mortgage loan O VA Mortgage loan O UFMIP mortgage loan

Answers

From the FHA insurance programs allows a borrower to purchase a home having deficiencies that prevent it from being financed with a standard home loan and provides money to complete repairs or enhancements once the property is acquired it was Section 203 mortgage loan. The correct option is (B).

What do you mean by the mortgage loan?

A mortgage loan is a secured loan that enables you to access money by giving the lender collateral in the form of an immovable asset, like a home or commercial property. Until you pay back the loan, the lender retains the asset.

The biggest benefit of a mortgage loan is that, unlike most other loans, you can obtain one with very cheap interest rates and without having to leave your property ownership to anybody else.

Homebuyers and homeowners can finance the cost of both the purchase (or refinancing) of a home and the cost of its renovation with a single mortgage or they can finance the renovation of their current home using Section 203(k) insurance.

Therefore, according to the situation the Section 203 mortgage loan was applied in the give condition.

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you are a pessimist and you model the state of the economy to be twice as likely to be bad as it is to be good.

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Pessimism has an impact on the macroeconomy by causing families to reduce their current demand and businesses to post fewer job openings. Additionally, businesses have less motivation to drop prices despite declining consumer demand because of the concern of rising future expenses.

What is Pessimism?

Pessimism is a negative mental attitude in which a negative result from a certain scenario is predicted. Pessimists frequently concentrate on the drawbacks of life in general. Pessimism has an impact on the macroeconomy by causing families to reduce their current demand and businesses to post fewer job openings. Additionally, businesses have less motivation to drop prices despite declining consumer demand because of the concern of rising future expenses. Being pessimistic refers to the tendency to anticipate or see the worst-case scenarios. A pessimist is someone who is frequently perceived as lacking in hope and joy and who exhibits doubt or distrust. Essentially, being pessimistic entails anticipating the worst in every circumstance.

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Suppose two countries A and B choose the quantity of oil to produce simultaneously and without consulting with one another. B Q = 10 Q = 20 A: 1,250 A: 800 Q = 10 B: 1,250 B: 1,600 A A: 1,600 A: 1,100 Q = 20 B: 800 B: 1,100 What is each country's dominant strategy? Each country's dominant stratesy is to produce 20 A's dominant strateey is to produce 10 and Os dominant strategy is to produce 20 A's dominant strategy is to produce 20 and 's dominant strateey is to produce 10 Dambo

Answers

When two countries choose the quantity of oil to produce simultaneously and without consulting with one another then each country's dominant strategy is to produce 20. So, option A. correct.

What does dominant strategy economics mean?

A dominating strategy is an optimum answer to all other strategies. A Nash equilibrium exists when players respond optimally to one another. Those that dominate their market do something that others do not: they reduce their market share in order to increase their profit. By being the highest valuable supplier in your market segment, you may bypass the competition and build a micro-monopoly.

Country A's When B selects 10, A selects 20 since it provides a greater reward of 1600. When B selects 20, A selects 10 since it provides a bigger reward of 1100. Because A picks 20 in both circumstances, the dominating strategy is 20. Country B's When A selects 10, B selects 20 since it provides a bigger reward of 1600. When A selects 20, B selects 10 since it provides a bigger reward of 1100. In both situations, B selects 20, hence the prevailing strategy is 20. Because both A and B have a dominating strategy of 20, (Option A) is the correct answer while (B, C, and D) are incorrect.

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Assuming the cost of an associate leaving within 90 days is $3,000, what will be your facility's approximate cost of early turnover for this year?

A: 45000
B: 90000
C: 126000
D: 252000

Answers

The facility's approximate cost of early turnover for the year is $45,000.

What are the costs of turnover?

The cost of turnover is the expense incurred when a position is changed. This estimate accounts for the costs of filling the role while it is vacant as well as those of hiring for the position, training the new hire, and providing any severance or bonus benefits. You should divide the total number of departures from your average monthly workforce by the total number of departures to begin your employee turnover estimate. Then multiply the sum by 100. You can figure out total turnover, voluntary turnover, and involuntary turnover.

Shift     Number associate leaving    Per associate cost     Total cost

            the facility  within 90 days

A                             8                                      $3,000              $24,000

B                             5                                      $3,000              $15,000

C                             2                                      $3,000              $6,000

D                             0                                      $3,000              $30

Total coset = $24,000 + $15,000 + $6,000 + $0

Total cost = $45,000

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According to the table, what is the opportunity cost of producing one pair of yellow shoes in Chicago? Number of pairs of yellow Number of pairs of blue shoes produced per worker shoes produced per worker per day per day Chicago New York 12 6 16 4 Select one: a. 4 of a pair of blue shoes b. 2 of a pair of blue shoes c. 2 pairs of blue shoes d. 4 pairs of blue shoes The correct answer is: ½ of a pair of blue shoes

Answers

Number of pairs of yellow shoes number of pairs of blue shoes produced per worker shoes produced per worker per day per day Chicago new york

A Canadian worker,on the other hand,can produce 10 pairs of shoes or grow 20 apples per day.The opportunity cost for Canada apples for each pair of The absolute advantage simply compares the productivity of a worker between countries inputs that I need to produce shoes in The standard of living of a country depends on its ability to produce goods and a worker in Chicago 2 pairs of red socks per hour or 1 pair of white socks, Build a and a concise ER diagram for the NHL database.The university's registrar's office maintains data on the following entities.If the bakery sells 12 more loaves of bread on Tuesday than its daily sale of 40 loaves.

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Bonds are securities that can be readily bought and sold. A bond issue consists of a number of bonds, usually in denominations of ______ or _____ and is sold to many different lenders.
Multiple choice question.
$100; $1,000
$1,000; $10,000
$500; $5,000$1,000; $5,000
Answer: -$1,000; $5,000

Answers

Bonds are securities that can be readily bought and sold. A bond issue consists of a number of bonds usually in denominations of $1,000 or $5,000 sold to many different lenders.

A bond issued above par is said to have been issued at a premium corresponding to the amount by which the issue price of the bond exceeded its par value. The present value of the bond principal plus the present value of the periodic interest payments.

Bonds are long-term bonds issued by companies and governments to finance businesses and special projects. The company has to pay interest on the bonds, and if the company goes bankrupt, the bondholders will get paid before the shareholders. The value of a bond is inversely proportional to changes in investors' current required yield.

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Cattle Ranch Inc. is a for-profit corporation that is owned by six shareholders who are members of the same family. Cattle Ranch is
a. S corporation
b. benefit corporation
c. close corporation
d. a public corporation and a private corporation

Answers

Cattle Ranch Inc. is a for-profit corporation that is owned by six shareholders who are members of the same family. Cattle Ranch is

a corporation.

Cattle Ranch Inc.

The Cattle Ranch is an economic building available to Malians beginning in the Feudal Age in the Age of Empires IV. It can garrison up to three cattle and produces 28 food per minute per cattle garrisoned. Another factor might be that affluent persons who own cattle ranches have a lot of say in who gets elected as a government leader. This explains why the government provides incentives and permits ranchers to utilize their cattle ranches as tax shelters.

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Autonomous consumption is consumption that:
a. Varies directly with disposable income.
b. Varies inversely with disposable income.
c. Is independent of the level of disposable income.
d. Is constant at first and then varies with disposable income.

Answers

Answer: Is independent of the level of disposable income.

Explanation:

Definition of Autonomous consumption:

Autonomous consumption can be defined as "The expenditures that consumers must make even when they have no disposable income."

More precisely,

1. Autonomous consumption is defined as the expenditures that consumers must make even when they have no disposable income.

2. These expenses cannot be eliminated, regardless of limited personal income, and are deemed autonomous or independent as a result.

3. When a consumer is low on resources, paying for their necessities can force them to borrow or access money that they had previously been saving.

hence, option c is the correct option.

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If a business cannot pay its debts, creditors can expect the owner(s) to pay the debts with their personal assets of the business is a:

Answers

If this condition arises where a business can't able to pay it's debt, creditors can expect the owner to pay the debts with their personal assets of business is called- General Partnership or Sole Proprietorship.

What is sole proprietorship?

A sole proprietorship is an unincorporated company that is run and owned by one person. This type of business structure is the simplest because there is no legal distinction between the owner and the business.

The proprietor or dealer who owns the business uses their legal identity to carry on business. By registering a trade name with their local authority, they can also decide to conduct business under a different name.

This kind of business is the least expensive to launch. Small enterprises, independent contractors, and other people who work for themselves frequently use it because of this.

When the business owner decides or upon their passing, a sole proprietorship starts and ends.

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What is EPS? (When referring to a stock)

Answers

Answer:

Explanation:

EPS means earnings per share. It shows how much a company makes for each share of a stock.

Higher the earnings per share the better

Net profit divided by # of common shares

a performance measure that is often used to evaluate the expected outcome of a project or compare different projects. is the meaning of?

Answers

A performance measure is often used to evaluate the expected outcome of a project or compare different projects. is the meaning of ROI.

ROI on costs is a ratio between net income and investment. An excessive ROI means the investment's profits evaluate favorably to its cost. As an overall performance measure, ROI is used to evaluate the performance of an investment or to compare the efficiencies of numerous exceptional investments.

Return on investment (ROI) A calculation of the monetary price of an investment as opposed to its value. The ROI method is (earnings minus value) / value.return on funding (ROI) is an approximate measure of an investment's profitability. ROI is calculated with the aid of subtracting the initial value of the funding from its very last value, then dividing this new wide variety by using the price of the investment, and subsequently, multiplying it with the aid of one hundred.

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Two companies (A and B) are duopolists that produce identical products. Demand for the products is given by the following demand function: P = 10,000 - QA - QBwhere QA and QB are the quantities sold by the respective firms and P is the selling price.Total cost functions for the two companies are:TCA = 500,000 + 200QA + .5QA2TCB = 200,000 + 400QB + QB2a) Assume that the two firms act independently as in the Cournot model (that is, each firm assumes that the other firm's output will not change). Determine the long-run equilibrium output and selling price for each firm.Your answer: QA= ; QB = ; P =b) Assume that the firms form a cartel to maximize total industry profits (sum of Firm A and Firm B profits). Determine the optimum output and selling price for each firm.Your answer: QA= ; QB = ; P =

Answers

In the short​ run, the typical firm increases its output and makes an above normal profit.

Determine the long-run equilibrium ?Originally the Perfectly Competitive Market is in a long run Equilibrium.Now a sudden change in Demand has taken the price up which then forces the Marginal Revenue Curve upwards.This will culminate with the Marginal Revenue Curve now intersecting the Marginal Cost curve at a higher point being point F so that profit can be maximised.This higher level will thus lead to a higher output than units at point Q as the firm will increase output.Notice that at that point the Marginal Revenue is higher than Average Total Cost meaning that an Above normal profit is being made.Do react or comment if you need any clarification.

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Modified retrospective application for a change in accounting principle requires that the new standard is applied to the adoption period and ____.

Answers

Modified retrospective application for a exchange in accounting precept requires that the new preferred is utilized to the adoption length and: an adjustment is made to retained income at the establishing of the adoption period

What is retrospective application?

Retrospective application capacity adjusting the opening stability of every affected factor of equity for the earliest prior length and the different comparative amounts disclosed for each prior duration as if the new accounting coverage had constantly been applied.

The modified retrospective strategy is an approximation to retrospective application, with prescribed changes to address some of the challenges of retrospective application.

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