Save 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, a slide, pony rides, and an ice cream stand, Fun-Spot grew in 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 represente untapped market." Today, thousands of visitors flock to Pun-Spots families, children of all ages, and even senior citizens who enjoy strolling through the gardens. There's something here everyone." Gall Hart said with a smile. "Dozens of companies hold annual company picnics here. We have welcomed class field trips. And we even had one wedding here a 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 Fun-Spot fun 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 videos and various attro from time to time for variety Ron and Geil 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 read. We're to make you happyl' 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) 2.2. 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 gre strategy are Ron and Gall planning? (2) 0-3 Ron and Gail, 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 ge Strategy? (2) For the toolbar, press ALT FOOD ALTAFNF10 Mad. B TV5 Arial Paragraph Opt A 2 IE > E BE 1