There are 2 questions the first question: Focus groups are where a small group of people are brought together to discuss a product.

You are considering doing some market research for your business selling mobile phone cases. Explain ONE ADVANTAGE and ONE DISADVANTAGE to using a FOCUS GROUP.

The second question is an image
Calculate the break-even point based upon the figures.

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?