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3 years ago

One difference between a Competitive Profile Matrix (CPM) and an External Factor Evaluation (EFE) is that:________.

Business

1 answer:

umka21 [38]3 years ago

5 0

Answer:

The correct answer is B)

CPM examines both internal and external factors.

Explanation:

Competitive Profile Matrix (CPM) is a business analytics tool which enables business owners, shareholder and stakeholders assess and analyse the strengths and weaknesses of the company against that of all major competitors its industry at a glance.

That is, CPM does not only analyse the company's internal analytics but also analyses those of other companies and makes comparisons. Where data on the activities of competition is available, the CPM could prove to be a very powerful tool for analysing the competitiveness of an organisation or how the organisation is performing in comparison to its competitors. For it to be effective, one must have corrected selected its competitors.

External Factor Evaluation (EFE) Matrix is an analytical tool which examines the company's position with regard to external elements and it's strategic goals. It is a derivative of the SWOT tool. With the EFE, there is a stronger focus on external elements as it affects the position of the company.

Cheers!

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Assume labor is the only variable input and that an additional input of labor increases total output from 72 to 78 units. if the

Anarel [89]

The MRP of this additional work is "$36".

<span>labor increases total output from = 72 to 78 units
= 78 - 72 = 6
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4 years ago

As a manager of a chain of movie theaters that are monopolies in their respective markets, you have noticed much higher demand o

lbvjy [14]

Answer:

11.25; 8.75

Explanation:

On weekends,

Inverse demand function: P = 20 – 0.001Q

On weekdays,

Inverse demand function: P = 15 – 0.002Q

Let quantity demanded tickets on weekend be Q1 and quantity demanded tickets on weekday be Q2,

Profit function:

= [(20 - 0.001Q1) × Q1] + [(15 - 0.002Q2) × Q2] - [25,000 + 2.5(Q1 + Q2)]

For maximizing profit, Differentiating profit w.r.t Q1 and Q2,

⇒ (20 - 0.002Q1) - 2.5 = 0

⇒ (15 - 0.004Q2) - 2.5 = 0

Hence, solving for Q1 and Q2, we get

Q1 = 8,750

Q2 = 3,125

Therefore,

Price during weekends: P = 20 - (0.001 × 8,750)

= 11.25

Price during weekdays: P = 15 - (0.002 × 3,125)

= 8.75

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3 years ago

Accumulated depreciation shows a beginning balance of $9,300 and an ending balance of $10,700. How much depreciation expense was

faust18 [17]

Answer:

$1400

Explanation:

Accumulated depreciation is the total depreciation of an asset and is recorded on the balance sheet while the depreciation expense is recorded on the income statement as an expense.

The depreciation expense is the difference between the accumulated depreciation at the end and the accumulated depreciation at the beginning. It is given as:

Depreciation expense = accumulated depreciation at the end - accumulated depreciation at the beginning = $10700 - $9300 = $1400

Depreciation expense = $1400

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3 years ago

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Eddi Din [679]

Less than 0 for a linear trend, because the trend is no longer a trend but a FAD.

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3 years ago

Based on this model, households earn income when

Olin [163]

The answer would be when Firm Purchase Resources hope this helps

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4 years ago