Scenario Carol Veldt, Owner of Seagull Terrace, Watched Her Investment Grow

question 77

Essay

Scenario
Carol Veldt, owner of Seagull Terrace, watched her investment grow from a small, seaside motel to a thriving year-round resort in just a few years.Atop a bluff overlooking the Maine coast, Seagull Terrace had attracted thousands of visits during the summer months, but then faced a tremendous downturn in business during the winter months."But, given the industry in the nearby towns, very little year-round competition, and our close proximity to Portland," Carol added, "I couldn't understand why seasonality had to hit Seagull Terrace so hard!"
o Carol spent her first winter devising a new marketing plan.She put together a promotional package designed to attract business travelers year-round.Carol's plan, then, involved a seasonal promotional gimmick-to be implemented from early winter to late spring-that would attract the same numbers as the large summer crowd.Her idea worked! During her second winter, Carol greeted numerous business travelers-both satisfied repeat guests as well as new guests who had been snagged by her promotional appeals.
We still have a long way to go," Carol admitted."Our delicatessen offers delicious entrees, but we'd like to expand that.We provide health club privileges off-site, but we'd like to eventually provide our own.These are goals I hope to achieve in a few years.Our first project, however, included a renovation of our guest rooms and I'm quite proud of the results." Carol then added, "Actually there are so many possibilities! With an indoor pool area, I will eventually offer weekend getaways throughout winter."
Define the target market at Seagull Terrace.

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Definitions:

Categorical Syllogism

A form of reasoning consisting of three statements - two premises followed by a conclusion, each statement categorically linking terms.

Conclusions

Statements or judgments that are arrived at after consideration of the evidence or arguments presented.

Premise

A premise is a statement or proposition from which another is inferred or follows as a conclusion.

Minor Term

In syllogistic logic, the term that appears in the conclusion and the minor premise but not in the major premise.