Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This question: 1 point ( s ) possible Sensors in parking lots are able to detect and communicate when spaces are filled in a large

This question: 1 point(s) possible
Sensors in parking lots are able to detect and communicate when spaces are filled in a large covered parking garage next to an urban shopping mall. How might the owners of the parking garage use this information both to attract customers and to help the store owners in the mall make business plans?
Choose the correct answer below.
A. The owners of the parking garage can alert the shopping mall customers if their car has been moved and/or stolen.
B. The owners of the parking garage can invest in a larger garage based on the busiest time of the day. The increased capacity with lead to increased sales for the store owners in the mall.
C. The owners of the parking garage can raise parking prices based on the demand for that time of the day. They can also communicate with businesses as to when to expect less customers so that they can adjust their store hours appropriately.
D. The owners of the parking garage can advertise about the availability of parking. They can also communicate with businesses about hours when more spots are available and when they should encourage more business.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Process

Authors: Lee Long

4th Edition

978-0201822939,0201822938

More Books

Students also viewed these General Management questions