I would have to go with C or D. But I could not give a direct answer.
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.
Answer:
Maybe some of you have been to Atlanta, Georgia. It is a large capital city with the busiest airport in the world. Two interstates, 75 and 85, cut through the heart of the city, revealing an impressive skyline of buildings. Atlanta is home to Coca-Cola and the 1996 Summer Olympics. The city has a rich historical and cultural legacy. Did you know Atlanta was burned down toward the end of the Civil War? Georgia as a whole was devastated by the ''War Between the States.''
During the war, Union General William T. Sherman boasted that he would ''make Georgia howl,'' and he did. He ordered the business district of Atlanta be burned to the ground. It is believed 40% of the city was destroyed. Toward the end of 1864, Sherman became famous for his ''March to the Sea,'' in which he and his men cut a 50-mile-wide path of destruction throughout the state of Georgia. The path stretched from Atlanta to the port city of Savannah. Railroad lines were torn up, and farms and businesses set on fire, as Union troops adopted a scorched earth policy.
Before the Civil War, the capital of Georgia was Milledgeville. Upon readmittance to the Union, the capital was changed to Atlanta. Atlanta was founded in the 1830s as a railroad hub. Despite being burned down by Union forces in 1864, Atlanta was rebuilt and grew during Reconstruction. By 1880 it was Georgia's largest city. With freed people leaving agricultural jobs and moving to the city, Atlanta quickly became a modern industrial city. In the 1880s electric street cars began operating in the city. In 1886 a former Confederate soldier named John Pemberton developed a soft drink called Coca-Cola. The company thrived, bringing jobs and money to Atlanta.
Explanation:
Answer:
Consumers must choose among alternative goods with their limited money incomes. The Utility Maximization rule states: consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.
A tariff is a tax or duty to be paid on a particular class of imports or exports. Does this help?
