Examlex
Refer to the scenario below to answer the following question(s) .
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 cliff overlooking the Maine coast, Seagull Terrace had attracted thousands of visitors during summer, but then faced a tremendous downturn in business during winter. "But, given the established industries 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!"
So 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 also 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 entrees that are a part of the local cuisine, 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."
-Carol Veldt has decided to ask selected guests to participate in an extensive survey about their experience at Seagull Terrace and about their requirements in terms of amenities and cuisines. By implementing the suggestions she receives from guests, Carol would be following the ________ concept.
Triglycerides
A type of fat found in your blood, used by the body for energy and considered an important measure of heart health.
Monosaccharides
Simple sugars, such as glucose and fructose, which are basic building blocks of carbohydrates and cannot be hydrolyzed to smaller molecules.
Activation Energy
The minimum amount of energy required to start a chemical reaction.
Catalysts
Substances that increase the rate of a chemical reaction without themselves undergoing any permanent chemical change.
Q29: Soon-Yi Park's chain of travel agencies has
Q57: Commercial online databases are rich sources for
Q75: The _ limits the number of commercials
Q80: As baby boomers reach their peak earning
Q86: The term big data refers to the
Q96: Marketers use mobile channels for several purposes.
Q112: Berman Electronics, a chain of appliance stores
Q140: What are the major trends in today's
Q140: Many managers think that "doing things right,"
Q149: Which of the following is most likely