Question: Please solve it quickly 5 points Refer to the scenario below to answer the question given at the end. (5 Marks) Fun-Spot Fun Park began

Please solve it quickly Please solve it quickly 5 points Refer to the
Please solve it quickly 5 points Refer to the
5 points Refer to the scenario below to answer the question given at the end. (5 Marks) "Fun-Spot Fun Park began as a small amusement park in 1985. With nothing more than a merry-go-round, de pony rides, and an ice cream stand Fun foto popular family attraction with 20 rides, a restaurant, and an outdoor performing arts theatre. "My wife, Gail, and I didn't know what we were getting into" commented Ron Hart, the owner. We just know that weekenders coming to the lakes in our rural areas represented on untapped market. Today, thousands of visitors flock to Fun Spot: families, children of all ages, and even senior citizens who enjoy strolling through the gardens. There's something here for everyone." Gall Hart sald with a smile. "Dozens of companies hold annual company picnics here. We have welcomed ca field trips. And we even had one wedding here at the park "Here's the funny thing." Ron chimed in. "We really don't know why we've been so successful. There is nothing else likeFun Spot fun Park in the art. We were stucky it's the ambience of the park that has brought so many whiter. Goll added. "We provide a total package of entertainment. Plus, we try to change our vides and various traction from time to time for variety Ron and Gall Hart admitted that making every visitor happy is a priority. "That has always been our philosophy," they said. "Like the park motto at the entrance reade, Wave here to make you happy!' And we've always been able to deliver on that because we ve never allowed ourselves to grow too big too quickly Q.1 Classify Fun spot according to BCG Matrix and justify your classification (1) Q-2 Ron and Gall plan to lower Fun Spot's prices in an effort to encourage customers to stay longer, Visit more often, and spend more money during each ont. What type of growth strategy are Ron and Gail planning? (2) Q-3 Ron and Gell, owners of Fun-Spot, strive to provide new offerings and entertainment options for their visitors. This type of strategy can be best described as which pouth strategy? (2) ALTA ALTFNF10 (Mac). Refer to the scenario below to answer the question given at the end. (6 Marks) "Fun Spot" Fun Park began as a mell amusement park in 1985. With nothing more than a merry around, slide pony rides, and an ice cream stand. Fun-Soot crew into popular family attraction with 20 rides, a restaurant, and an outdoor performing arts theatre "My wife, Gail, and I didn't know what we were getting into commented Ron Hart, the owner, We just knew that weekenders coming to the lakes in our rural area represented in untapped market Today, thousands of visitors flock to Fun-Spot families, children of all ages, and even senior citizens who enjoy strolling through the gardens. "There's something here for everyone, Gail Hart said with a smile Dozens of companies hold annual company picnics here. We have welcomed dess field trips. And we ever had one wedding here at the parkt "Here's the funny thing" Ron chimed in "We really don't know why we've been so successful. There is nothing else likeFun Spottun Park in the area. We were just lucky It's the ambience of the park that has brought so many visitors, "Gail added. "We provide a 'total package of entertainment. Plus, we try to change our rides and various tractions from time to time for variety." Ron and Gail Hart admitted that making every visitor happy is a priority. "That has always been our philosophy." they said. "Uke the park's motto at the entrance roads, We're here to make you happy!' And we've always been able to deliver on that because we've never allowed ourselves to grow too big too quickly 0-1 Classify Fun spot according to BCG Matrix and justify your classification (1) 0-2 Ron and Gail plan to lower Fun-Spot's prices in an effort to encourage customers to stay longer, visit more often, and spend more money during each visit. What type of growth strategy are Ron and Gail planning ? (2) 0-3 Ron and Guil, owners of Fun Spot, strive to provide new offerings and entertainment options for their visitors. This type of strategy can be best described as which prouth strategy? (2) Toinen T-FN*F10 March

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!