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Eddi Din
5 days ago
13

This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t

o find success in the North American market for medium-distance intercity transport. Read the Chapter 10 Closing Case "Enter the United States by Bus". Write a short summary of the material (one or two well-crafted paragraphs please) and answer the case-ending questions. You may use outside research to help answer the questions.
1. As a late mover into the US intercity bus market, what advantages and disadvantages does Megabus have?
2. Does Megabus have any overwhelming resources and capabilities?
3. As a college student, among choices of private car, train, airplane, Greyhound, and Megabus between Chicago and Columbus, which one would you choose?
Business
You might be interested in
The chart shows the marginal cost of producing apple pies. This chart demonstrates that the marginal cost initially decreases as
harina [3808]

Answer: This chart indicates that the marginal cost initially declines as the level of production rises.

Marginal cost is the expense incurred for producing an additional unit of a product. When production levels increase, marginal costs tend to fall at first.

In the short run, inputs like capital remain constant while labor becomes the variable factor changing with the number of units produced. Initially, increasing labor enhances productivity, lowering marginal costs. However, as even more labor is added, its productivity diminishes, triggering the law of diminishing marginal returns, which results in a rising marginal cost curve.


9 0
1 month ago
Read 2 more answers
Allo Foundation, a tax-exempt organization, invested $200,000 in cost-saving equipment. The equipment has a five-year useful lif
harina [3808]

Answer:

Net Present Value = $ 34,310.45  

Explanation:

The Net Present Value (NPV) represents the difference between the present value of cash inflows and outflows. A positive NPV indicates a favorable investment decision, while a negative value suggests otherwise.

NPV of a project

NPV = Present Value of Cash inflows - Present Value of Cash outflow  

The cash inflow is characterized as an annuity.

Present Value of annuity= A × 1 - (1+r)^(-n)/r  

A refers to Annual cash flow, - 65,000, r is the discount rate at 12%, and the term is 5 years.

Calculation for Present Value of cash inflow equals 65,000 × (1 - (1.12)^(-5)/0.12) =  234,310.45.

The initial investment is 200,000.

Thus, the Net Present Value calculation is  -  234,310.45  -200,000 = 34,310.45  

Net Present Value = $ 34,310.45  

4 0
2 months ago
The management of ABTronics firm seeks to convince its employees of their stake in the prosperity of the firm. How can they best
soldi70 [3635]

Answer:

There are multiple ways the management can achieve this.

Explanation:

Having a stake in something grants one benefits should it succeed.

If ABTronics’ management aims to persuade its staff regarding their investment in the firm's success, they could consider the following approaches:

1. Raise their salaries

2. Provide bonuses for extra hours worked.

3. Offer festival bonuses as well.

4. Reduce the workload by hiring additional employees.

5. Expand by opening more branches.

5 0
2 months ago
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