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1 year ago

which of the five forces in michael porter's model is determined by entry barriers such as the capital required?

1 answer:

6 0

These forces have an impact on a company's profitability and include the number and power of a company's competitors, potential new market entrants, suppliers, customers, and substitute products.

What does "threat of new entrants" mean in terms of Porter's Five Forces?

One of Porter's Five Forces framework's forces is "The Threat of New Entrants," and it refers to the threat that new competitors pose to existing industry players.It is one of the factors that influences an industry's competitive landscape and contributes to the industry's attractiveness.

What are Porter's 5's most significant forces?

The primary determinant of market competitiveness is rivalry between competitors, which is regarded as the most expressive force in Porter's 5 forces model.

Learn more about Porter's 5 forces model here:

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JavaPro Systems is a start-up company that makes connectors for high-speed Internet connections. JavaPro Systems has budgeted

Iteru [2.4K]

Answer:

$429.60 Favorable

Explanation:

Provided information,

Standard Hours for each product = 3 hours

Standard Cost per hour = $14.00

Actual hours used = 198

Actual output = 80 connectors

Standard hours for actual output = 80 $\times$ 3 = 240 hours

Actual Rate = $14.80 per hour

Direct labor cost variance = Standard Cost - Actual Cost

Standard Cost = Standard hours $\times$ Standard Rae

= 240 $\times$ $14 = $3,360

Actual Cost = 198 $\times$ $14.80 = $2,930.40

Variance = $3,360 - $2,930.40 = $429.60

Since actual cost is less than standard variance is favorable.

$429.60 Favorable

3 0

3 years ago

In the event of death, this insurance covers the entrepreneur's business and helps family face the financial challenges.

allsm [11]

Answer:

Life

Explanation:

Life insurance is a contract where the insurance company undertakes to pay the amount stated in the policy document upon the insured's death. The insured, in turn, pays periodic insurance premiums to keep the contract in force.

Life insurance renders financial protection to the family and the insured upon their death. For an entrepreneur, the insurance company will compensate their family for the loss of income occasioned by their death.

8 0

3 years ago

In 2002 Ortega's nominal income rose by 4.6 percent and the price level rose by 1.6 percent. We can conclude that Ortega's real

monitta

Answer:

c rose by 3 percent.

Explanation:

Real income is nominal income less price level changes.

Real income = nominal income - changes in price level

4.6 % - 1.6% = 3%

I hope my answer helps you

4 0

3 years ago

What is the difference between a vocational school and on the job training

LenKa [72]

A vocational school, sometimes called a trade school or vocational college, is a type of educational institution, which, depending on country, may refer to secondary or post-secondary education designed to provide vocational education, or technical skills required to perform the tasks of a particular and specific job

5 0

3 years ago

Read 2 more answers

On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and rea

MissTica

Answer:

MARIGOLD CORP

INTEREST TO BE CAPITALIZED IN THE YEAR 2020

January 2, 2020 $606,000 *10% = $60,600

September 1, 2020 $1,802,400*10%* 4/12 = $60,080

 120,680

Explanation:

Interest to be capitalized for the year 2020 must be interest that is incurred on amount expended on the construction from amount specifically borrowed for the construction

6 0

3 years ago