Answer: B, (embargo)
Explanation:
The Embargo Act of 1807 was an attempt by President Thomas Jefferson and the U.S. Congress to prohibit American ships from trading in foreign ports. It was intended to punish Britain and France for interfering with American trade while the two major European powers were at war with each other.
Immediate rivals, potential entrants, customers, suppliers and substitute products are the five aspects that are used to evaluate competition.
<u>Explanation</u>:
Porter's Five Forces is a framework or tool for analyzing the competitive environment of the company. The profit of the company is influenced by company's competitors, potential new market entrants, suppliers, customers and substitute products.
Michael Eugene Porter- a famous economist of America postulated Porter’s Five Forces. This tool helps in determining the competition intense of the company. The position of the company can be affected with the new entry of rivals in the same market. The company should be able to possess strong and durable barriers to withhold its position.
Answer: Emic perspective
Explanation:
Emic perspective is the approach in which perspective of the subject is considered in any study.It is believed that various realities are recognized and accepted in this perspective.Insider point-of view is included in emic perspective.
According to the question, emic perspective is used for understanding the situation of different cultural background by the parent of the partners that got engaged.Thus,they are recognizing the reality of culture and understanding that it would not creates dispute between them,
You receive a tax refund from the IRS if your tax liability is less than the tax you paid for a fiscal year. This means that the tax you owe is less than what you paid for your taxes. Another circumstance is when you are entitled to tax credits.
