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.
I believe the correct answer is implicit association
test (iat).
The implicit association test (IAT) is the most
widely used test in <span>social psychology to
measure implicit attitudes and preferences is the. IAT is developed and
introduced in scientific literature by psychologist Anthony Greenwald, Debbie
McGhee, and Jordan Schwartz in 1998.</span>
Explanation:
It is because of China had multi party elections an opposite party and a press free to criticize the government then so many people may not have died in the famine.
Hope it help
Answer:
The correct answer is It allows workers to specialize in a variety of skills
Explanation:
Job specialization (also known as division of labor) first proposed by the scottish economist Adam Smith, exposed in his main work "The Wealth of Nations" in 1776, refers to the process of breaking large jobs into smaller jobs assigned to individual workers. The purpose of job specialization is to focus each worker's concentration on a specific area of expertise within the production process. The argument states that, through the specialization and refinement of skills, productivity will increase.
