Scenario 1.2 Use the following to answer the questions. Paws and Claws Hotel is a full-service pet salon and boarding kennel. Paws and Claws has an interactive website where customers can directly book a grooming appointment, obedience class, or overnight accommodations for their dog or cat. Paws and Claws has several unexpected services, such as a 600-square-foot swimming pool, complete with slide and dog-friendly graduated steps to help them exit the pool. Customers can also drop their dog or cat off each morning for pet day care. Paws and Claws has a pick-up and delivery service, webcams in every kennel so that pet families can view their pets while away, and pet "furniture" so that the cats and dogs can lie on sofas just like at home. Paws and Claws is also open 24 hours a day, 365

days each year so that customers can pick up their pet at any time. The cost for an overnight stay at Paws and Claws averages $50, compared to competing kennels at about $30. The day care costs are $25 for either a dog or cat. The majority of Paws and Claws' competitors don't offer the day care service, and require a two-day minimum for overnight stays. Informal discussions with customers led to the addition of pet day care and 24-hour hours of operation. Previously, Paws and Claws was more interested in competing based on its prices. ?Refer to Scenario 1.2. If Paws and Claws employs the philosophy of building a relationship with its dog and cat customers, and their owners, it will be implementing the

A. ?marketing concept.
B. ?production concept.
C. ?sales concept.
D. ?marketing mix.
E. ?marketing environment.


Answer: A

Business

You might also like to view...

____________ is the organization set up by Yunus to provide education as part of his microfinance initiative in Bangladesh.

a. Grameen Veolia b. Grameen Shamogree c. Grameen Shikkha d. Grammen Shakti

Business

Which of the following statements is? TRUE?

A. If a firm possesses many? highly-weighted strengths, this is likely the result of effective? strategies, so higher ratings in general are warranted for strengths. B. If a firm possesses many? highly-weighted strengths, this is likely the result of effective? strategies, so higher ratings in general are warranted for strengths and weaknesses. C. If a firm possesses many? highly-weighted weaknesses, this is likely the result of effective? strategies, so higher ratings in general are warranted for strengths. D. If a firm possesses many? highly-weighted weaknesses, this is likely the result of effective? strategies, so higher ratings in general are warranted for both strengths and weaknesses. E. If a firm possesses many? highly-weighted weaknesses, this is likely the result of effective? strategies, so higher ratings in general are warranted for weaknesses.

Business

A project has a beta of 1.24, the risk-free rate is 3.8%, and the market rate of return is 9.2%. What is the project's expected rate of return?

A. 10.50% B. 11.41% C. 15.21% D. 14.61%

Business

During 2019, Zigma Company earned service revenue amounting to $830,000, of which $660,000 was collected in cash; the balance will be collected in January 2020. Also in 2019, there were collections of cash prior to the delivery of goods/services totaling $9600. What amount should the 2019 income statement report for service revenue?

A. $660,000 B. $830,000 C. $700,000 D. $170,000

Business