1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
expeople1 [14]
2 years ago
12

Identify four factors that affect whether an industry does or does not present a company with a good business opportunity?

Business
1 answer:
gtnhenbr [62]2 years ago
3 0

Answer:

  1. Rivalry between competitors
  2. Bargaining power of suppliers
  3. Bargaining power of customers
  4. Threat of new competitors

Explanation:

The factors chosen to identify whether or not a sector presents a good business opportunity for a company, were the strengths of Porter, who analyzes the micro and macro environment to determine whether a company can be competitive in the market.

The rivalry between competitors is an essential factor to measure the degree of opportunity for a business to be successful, as this factor will determine different variables among competitors of similar products in the market, such as the strength of the brand, the demand for your product, etc. in order to measure how this factor will directly impact your business.

The bargaining power of suppliers implies the bargaining power of the supplier with the company, being able to provide favorable or unfavorable conditions to a business, such as price, delivery time, quality, etc.

The bargaining power of buyers means measuring and monitoring how your product will have a positive or negative weight on the customer and which affects the volume of purchases, the possibility of the customer negotiating with the company, etc.

And the threat of new competitors concerns new competitors that can enter the market and directly impact their business, for this the barriers to entry such as legislation, high entry capital, etc. should be analyzed.

You might be interested in
Willie is the production manager of the sterile ophthalmic formulations division of Pharmogrep, a pharmaceutical manufacturing c
Hoochie [10]

Answer:

The answer is product departmentalization.

Explanation:

Pharmogrep most likely follow product departmentalization.

5 0
3 years ago
Approximately how many free Americans remained loyal to the British during the war? a. 20 to 25 percent. b. 10 to 15 percent. c.
jekas [21]

Answer:

The Correct Option is A: 20 to 25 percent.

Explanation:

In a report by an American historian, it was stated that about 450,000 Americans did not stop being loyal to the British during the revolutionary period. This population represents about 20 percent of Americans having European Origin, or approximately 16 percent of the entire population.

6 0
3 years ago
Read 2 more answers
The recent global boom in the market price for scrap steel and aluminum leads to a sudden rise in the theft of everyday metal ob
Kipish [7]

Answer:

C

Explanation:

The recent global boom in the market price for scrap steel and aluminum<em><u> has led to a sudden rise in the theft of everyday metal objects like manhole covers, guard rails, and empty beer kegs. </u></em>

<em><u /></em>

8 0
3 years ago
1) In your own words, explain the difference between simple interest and compound interest.
galben [10]
One interest is simple the other is compound......
6 0
3 years ago
Umatilla Bank and Trust is considering giving Pohl Company a loan. Before doing so, it decides that further discussions with Poh
pantera1 [17]

Answer:

That it equally 2000

Explanation:

8 0
2 years ago
Other questions:
  • Every time andres raises his hand, he receives one point. "raising his hand" is considered the:
    11·1 answer
  • How would your most recent supervisor or teacher rate your dependability compared to others?
    8·1 answer
  • A company usually determines the amount of supplies used during a period by:
    8·1 answer
  • Should stockholder wealth maximization be thought of as a long-term or a short-term goal? For example, if one action increases a
    8·1 answer
  • Among the budget cuts that the city council is considering is a 5 percent reduction in funds for secondary education. As the pri
    6·1 answer
  • Morgan Co. signs a $50,000 noninterest-bearing 5-year note payable for goods purchased from Xelco Industries. The appropriate ra
    8·1 answer
  • g Todd Foley is applying for a $210,000 mortgage. He can select either a $1,470 monthly payment with no points or a $1,323 payme
    10·1 answer
  • Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines
    7·1 answer
  • External forces in the natural environment include A. the trend toward healthier lifestyles, which can shift spending toward exe
    11·1 answer
  • Career readiness represents the extent to which you possess the ________ desired by employers.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!