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FinnZ [79.3K]
3 years ago
6

The bargaining leverage of suppliers is greater when: Select one: a. Only a small number of suppliers exist and when it is diffi

cult for industry members to switch to attractive substitutes b. A large number of suppliers exist and when it is easy for industry members to switch to attractive substitutes c. Industry members incur low costs in switching their purchases from one supplier to another d. The supplier industry is composed of a large number of relatively small suppliers
Business
1 answer:
Alchen [17]3 years ago
4 0

Answer:

The correct answer is letter "A": Only a small number of suppliers exist and when it is difficult for industry members to switch to attractive substitutes.

Explanation:

Porter's Five Forces is a study scheme named after Harvard Professor Michael E. Porter (born 1947). It helps managers assess competition within the industry.

  • <em>The first force analyzes the ease of marketplace entry for new participants.   </em>
  • <em>The second factor measures the number and operation of a company's rivals. </em>
  • <em>The third element is the likelihood of a new good or service entering the market that will diminish the sales of existing goods. </em>
  • <em>The four-factor is that industry suppliers have negotiating power. </em>
  • <em>The fifth factor is the bargaining power of customers. </em>

<em>When the suppliers' bargaining power is higher, there are possibly a few of them in the market. The situation gets worse for manufacturers when switching from one supplier to another represents higher costs or when making the change to substitutes carries a high cost as well.</em>

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Answer:

B. $108,000

Explanation:

The computation of the overhead applied is as follows:

= Total actual direct labors cost × overhead rate

= $180,000 × 0.60

= $108,000

Hence, the overhead was applied during August by Ranson Productions is $108,000

We simply applied the above formula

4 0
3 years ago
A capital budgeting project has a net investment of $415,000 and is expected to generate net cash flows of $138,000 annually for
kirill [66]

Answer:

the net present value is $13,131

Explanation:

The computation of the net present value is shown below

As we know that

Net present value = Annual cash inflows × PVIFA factor for 4 years at 11% - Initial investment

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= $428,131 - $415,000

= $13,131

Hence, the net present value is $13,131

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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What activities is a recent trend that may demonstrate employees taking responsibility for their own careers?
olga2289 [7]

Answer:

Following are the activities in recent trend that may demonstrate employees taking responsibility for their own careers

1. An employee may show seriousness towards his/her professional studies as the employee wants to grow.

2. An employee might show devotion towards adopting a new skill specially IT skill.

3. In today's world many of the work is done project basis, hence an employee may show devotion to complete the project on or before deadline.

7 0
3 years ago
Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to bui
belka [17]

Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign <u>portfolio</u> investment in Argentina.

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b. Providing tax breaks and patents for firms that pursue research and development in health and sciences.

c. Protecting property rights and enforce contracts.

<u>Explanation</u>:

A foreign portfolio investment is the investment made by a foreigner in the form of purchase in country’s stock and bond markets or deposit of money in bank.

Foreign portfolio investment is important because it gives high risk-adjustment return to the investors. The investors get the opportunity to engage in international diversification of portfolio assets.

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