Business Studies, asked by hsxvs8753, 1 year ago

There are several different ways that Bond’s Gym can solve its problem.Write a paragraph explaining how incentives can be used to solve the problem at Bond’s Gym

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Answered by arjunsingh01

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boonechevelle: The main problem at Bond's Gym is excess demand. This means that negative incentives are the best way to go. These types of incentives could be used because positive incentives would simply increase demand further. However, negative incentives would create a positive result for the owner, as he could make more money to use to expand his gym. This would allow him to better meet customer demand.

Answered by Secondman

The biggest problem with the gym is it demands an excess of money than the profits.

Only positive people incentives will only be increasing the demand of the gym.

If problems are not solved then the conditions become worse.

If the owner gets negative incentives, he will get money which can be used for the expiration of the gym and he can meet user demand quickly.

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