Question: Remaining Time: 1 hour, 13 minutes, 45 seconds Question Completion Status Refer to the scenario below to answer the question given at the end. (5

Remaining Time: 1 hour, 13 minutes, 45 seconds
Remaining Time: 1 hour, 13 minutes, 45 seconds Question Completion Status 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, a slide pony rides, and an ice cream stand, Fun-Sopre into a 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 an untapped market." Today, thousands of visitors flock to Fun Spot: families, children of all ages, and even senior dituens who enjoy strolling through the gardens. "There's something here for everyone. Gall Hart said with a smile. "Dorens of companies hold annual company picnics here. We have welcomed class 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 like Yun-Spot fun Park in the we. We were just lucky." "I think 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 ou rides and various attractions 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. Like the park's motto at the entrance radi '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 by too quickly 0.1 Casily fun spot according to BCG Matrix and justily your classification (1) Q-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 it. What type of growth strategy are Ron and Gail planning ? (2) G3 Ron and Gall , 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 growth strategy? (2) For the toolbar, press ALTFIO (PC) or ALTFN+F10 (Mad. B TVS Paragraph Arial 10pt E A2 I XO@a Chek Submit to read it. Click Save All Antonella Remaining Time: 1 hour, 13 minutes, 45 seconds Question Completion Status 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, a slide pony rides, and an ice cream stand, Fun-Sopre into a 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 an untapped market." Today, thousands of visitors flock to Fun Spot: families, children of all ages, and even senior dituens who enjoy strolling through the gardens. "There's something here for everyone. Gall Hart said with a smile. "Dorens of companies hold annual company picnics here. We have welcomed class 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 like Yun-Spot fun Park in the we. We were just lucky." "I think 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 ou rides and various attractions 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. Like the park's motto at the entrance radi '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 by too quickly 0.1 Casily fun spot according to BCG Matrix and justily your classification (1) Q-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 it. What type of growth strategy are Ron and Gail planning ? (2) G3 Ron and Gall , 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 growth strategy? (2) For the toolbar, press ALTFIO (PC) or ALTFN+F10 (Mad. B TVS Paragraph Arial 10pt E A2 I XO@a Chek Submit to read it. Click Save All Antonella

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