All categories

3 years ago

Which of the following constitute Porter's 5 factor model?

Business

1 answer:

Soloha48 [4]3 years ago

8 0

Answer:

D. Threat of new entrants, threat of substitutes, bargaining power of buyers, bargaining power of suppliers, current rivalry

Explanation:

Porter's 5 Factor Model is also known as Porter's five forces. Michael E. Porter was a Professor from Harvard Business School. The model is usually applied in an industry to identify the forces that compete to shape the industry. Put differently, these five forces help to analyse an industry's Strength, Weaknesses, Threats and Opportunities (SWOT) Analyses.

As detailed in the answer, the five categories in Porter's model are; Competitors in the industry, Potential of new entrants in the industry, Power of suppliers, Power of customers and the threat of substitute products.

You might be interested in

Which of the following statements regarding the manufacturing systems are incorrect? (1). For a MRP system, customer demand fore

matrenka [14]

Answer:

The Correct Options are "1" and "3"

Explanation:

An MRP method is employed to arrange the fabric needed for manufacture and dispatch. Its accustomed make sure that material is on the market for fabrication and merchandise are accessible for dispatch. For this designing request predictions are mandatory to stay the required material in order that product will be made on time and also the production method doesn't get halted. Therefore possibility one is correct.
In a pull method the material is made on request and for this simply in phase is incredibly necessary, therefore the association should be adapted to Just in time method and therefore possibility three is correct.
In a Kanban method stream of knowledge is vital for correct operational of offer restraint and for this each section ought to add agreement with the alternative sections and therefore the assumed possibility is false.

6 0

3 years ago

A study of about 1,800 U.S. colleges and universities resulted in the demand equation q = 9,900 − 2p, where q is the enrollment

Ratling [72]

Answer:

The corresponding price elasticity of demand is -2.00.

Explanation:

The price elasticity of demand is obtained by differentiating the demand equation with respect to the average annual tuition fees (p).

The demand equation is q = 9,900 - 2p

Differentiating q with respect to p

dq/dp = -2 (differentiation of a constant is 0)

Therefore, the price elasticity of demand is -2.00.

7 0

3 years ago

Experts recommend that you don't wait for sales before buying an item since the item is likely to rise in price during the time

Shkiper50 [21]

Trueeeeeeeeeeeeeeeeee

7 0

3 years ago

Read 2 more answers

You purchased 7 3/4 pounds of candy for your party. you are expecting to have 10 guests attend your party. how much candy will e

astra-53 [7]

Candy purchased for the party = 7 3/4 pound
= 31/4 pounds
= 7.75 pounds
Guests who are going to attend the party = 10
now divide the total amount of candy by 10 to find the amount of candy each guest will get.
= 7.75 pounds/ 10
= 0.775 pounds

4 0

4 years ago

The explanation for a downsloping aggregate demand curve differs from the explanation for the downsloping demand curve for a sin

Lisa [10]

Answer:

single-product demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed.

Explanation:

When the aggregate demand curve i.e. downward sloping would be different to the demand curve for the single product i.e. also downward sloping is due to as the single product demand curve would assume that the income would be constant in such a way the less price would lead a substitution that the product is not expensive at all

So the above would be the reason

8 0

3 years ago

Which of the following constitute​ Porter's 5 factor​ model?

Which of the following constitute Porter's 5 factor model?