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Margarita [4]
2 years ago
5

All of the following are competitive forces in Porter's model except: Group of answer choices customers disruptive technologies

disruptive technologies suppliers substitute products
Business
1 answer:
Aloiza [94]2 years ago
3 0

The option that is not among the Porter's five forces is disruptive technologies.

<h3>What are the Porter's five forces?</h3>

The Porter's five forces is used to analyse the competitive forces of firms operating in a particular industry.

The Porter's five forces are:

  1. Competition in the industry.
  2. Potential of new entrants into the industry.
  3. Power of suppliers.
  4. Power of customers.
  5. Threat of substitute products

To learn more about the porter's five forces, please check: brainly.com/question/5183977

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Explain the nature of mergers and acquisitions and the reasons why they may be used as a form of strategy development.
Drupady [299]

Answer:

Mergers and acquisitions consist of either joining two or more firms, or having one firm acquire another firm.

The rationale behind a merger or acquisiton is always strategic: a merger or an acquisition is carried out with the goal of improving the economic position and performance of the firms involved.

Some business strategies that can be implemented by a merger or acquisition are:

  • Horizontal integration: companies that sell similar products merge in order to join forces and expand their market reach.
  • Vertical integration: companies in the same industry, but that sell different products (for example, one company sells cars and the other sells bikes) merge in order to expand their market share.
  • Conglomerate formation: companies in different industries join in order to expand their markets even more.

3 0
3 years ago
One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is
vaieri [72.5K]

Answer: the dynamic, changing nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve company's competitiveness vis-a-vis rivals and boost its overall performance (D).

Explanation:

The Business Strategy Game is an important part of strategic management. It encourages encourages individuals to combine several decisions into a unified strategy which is vital for important decision making.

The Business Strategy Game consist of a global marketplace because businesses need to learn about the competitive and strategic features of foreign competition and international markets. The Business Strategy Game helps mangers make strategic adjustments thereby boosting overall competitiveness and performance.

8 0
3 years ago
Christin, the CEO of a national IT manufacturer, was approached by Ultimate Phones, a new company that is marketing a new type o
liraira [26]

Answer:

B. bounded rationality.

Explanation:

Bounded rationality -

It refers to the idea where the decisions of the people are rational , within a limit of the specific information known and the mental capabilities , is referred to as the bounded rationality .

The concept was given by Herbert Simon  .

As the thinking capacity and the information have some limit , hence the decision are also limited .

Hence , from the given scenario of the question ,

The correct answer is bounded rationality .

7 0
3 years ago
Which of the following statements is correct concerning product​ costs? A. Product costs are shown with current liabilities on t
Brut [27]

Answer: D. Product costs are expensed in the period the related product is sold

Explanation:

The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.

It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.

5 0
3 years ago
One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that
Setler79 [48]

Answer:

This question is incomplete, here is the complete question:

One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that this task is disagreeable can be seen in the repeated arguments among team members before every meeting about who should take the minutes. Which of the following would be the most effective way for the team to address this situation? Select: 1

a) Assign note-taking to whichever person enters last at each meeting.

b) Ask your manager to decide in order to minimize any personal bias among team members.

c) Randomly assign a person to be the official note-taker at the beginning of each meeting.

d) Create a rotating assignment so each team member shares note-taking

<u>The answer is d)</u>

Explanation:

Since bias and routine can be a big culprit for team effectiveness, it is up to the manager to control the level of uniformity and objectivity. Teams are all about equality and there is no reason why a particular team member should engage with a monotonous task more frequently than others.

Therefore, a rotating assignment is the way to get every team member engaged with the troublesome task.

Although team member bias would be avoided in the <em>b)</em> case, manager bias would still be present and unavoidable. The <em>a)</em> case is highly unprofessional and is an over-the-top gamification element in team management.

While <em>c)</em> may be a reasonable answer, random assignment can "favor" one person over the other at certain times, as the random algorithm doesn't always have to abide with the uniform distribution.

Having all of that in mind, d) is the best answer possible.

7 0
3 years ago
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