Answer:
False
Explanation:
Porter's Five Forces framework is a list of factors which provide an explanation to the forces affecting competition in industries. These five forces include;
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
Over the years, these five forces have been used in explaining the structure of certain industries. The framework however has limitations, some of which include,
1. It is not in terms with current realities, such as new advancements in technology which were not available as at the time the framework was formed.
2. Some companies operate different structures, whereas, the framework classifies each industry under one structure.
3. There is the possibility of industries to give equal consideration to all five factors, whereas in reality only some of the factors might be applicable to them.
4. Individual companies instead of industries now use the framework to make their business analysis which is not the real reason for the development of the framework. It was meant for industries as a whole.
Answer:
I'll assume that the term "parent" here means parent in the conventional term as in father, mother, and children.
With this in mind, parents have the responsibility of organising the family which include their children and the affairs of the house.
Therefore, a parent performs the functions of organizing in management by:
1. Guiding their wards in management principles
2. Educating them in what they should and shouldn't do.
Answer: C: The cost of rice at a market rises by 20 percent over three years.
Explanation:
inflation is a measure of the rate of rising prices of goods and services in an economy.
Answer:
<em>Brian prevails because the product has a warranty for some months or years.</em>
Explanation:
Therefore, <em>Ibtiha, though did not know about the defectiveness of the Ice Cream Maker sold to Brian is bound by law to replace or repair the defect device depending on what was contained in the warranty.</em>
<em />
A warranty is a type of guarantee, usually a written guarantee for a product, that a manufacturer or similar party makes regarding the condition of its product. It also refers to the terms and situations in which repairs or exchanges will be made if the product does not function as originally described or intended.
However, a warranty holds the maker of the product responsible to repair or replace a defective product or its parts, thereby Brian prevails as Ibtihal will be made to comply with the provisions of the warranty.
Answer:a higher quality item
Explanation:
A higher quality them
