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yarga [219]
3 years ago
10

Tom and his family have developed a successful business selling a liquid spray fertilizer to farmers. The fertilizer consists of

rich, organic, composted material. Recently NuBreed Seed, a national seed company, has been marketing a powdered chemical fertilizer to its customers; NuBreed's fertilizer is less expensive than Tom's product. NuBreed's efforts are an example of the ___ in Porter's model for industry analysis. rev: 03_23_2016_QC_CS-46415 Multiple Choica.threats of substitute products and servicesb.threats of new ideasc.power of the suppliersd.competitive rivalry among competitorse.buyers' negotiating influence
Business
1 answer:
Step2247 [10]3 years ago
5 0

Answer:

A)

NuBreed's efforts are an example of the <u>threats of substitute products and services</u> in Porter's model for industry analysis.

Explanation:

Porter's five forces are:

  1. Threat of New Entrants
  2. Threat of Substitute Products or Services: a substitute product is an available product from another company that your customers might purchase since they offer similar benefits than your product.
  3. Bargaining Power of Buyers
  4. Bargaining Power of Suppliers
  5. Competitive Rivalry Among Existing Firms
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For each of the following pairs of firms, indicate which firm would be more likely to engage in advertising. Pairs of Firms More
8090 [49]

Answer:

a family-owned restaurant

a manufacturer of cars

A company that invented a very comfortable razor 

Explanation:

A family owned resturant is an example of a monpolistically competitive firm. A monpolistically competitive firm is characterised by many firms selling differentiated products. Advertising is one of the ways to attract customers to the restaurant.

A family owned farm is an example of a perfectly competitive firm. A perfectly competitive firm is characterised by many firms selling homogenous products. Thus, it won't be so necessary for a farm to advertise since its product is homogenous.

A car manufacturer exists in a monopolistic market. A monpolistically competitive firm is characterised by many firms selling differentiated products. Advertising is one of the ways to attract customers to purchase cars.

Forklifts aren't so differentiated. Therefore, there would be little need to advertise.

A manufacturer of a very comfortable razor should advertise his product to inform and attract customers. The manufacturer of a uncomfortable razor has no need to advertise.

I hope my answer helps you.

5 0
3 years ago
The City of Oak Park constructed a new storage facility using the city's own public works employees. Construction costs were inc
Alenkasestr [34]

Answer:

The $900,000 should be capitalized in the government-wide statements

Explanation:

The amount which is to be capitalized in the financial statement should be an asset or an expense that is not showing in an income statement.  

In the given question, the construction cost of a new storage facility is $900,000 plus it has $25,000 interest on short term notes.  

So, $900,000 should be capitalized, and $25,000 would not be capitalized because it is of short term period which is shown in the income statement.

4 0
3 years ago
A business maintains subsidiary accounts for each of its customers. on may 15, the business sells services on account: $2,500 to
Andreyy89
A number that can be added but idk do u know because im bored and have home work and all fs so i need help im home schooled


7 0
3 years ago
Which of the following best approximates a pure monopoly? rev: 05_15_2018 Multiple Choice
goldfiish [28.3K]

Answer:

3) The only bank in a small town

Explanation:

By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.

5 0
3 years ago
YOUR TASK. Revise the following sentences to unbury the verbs.
stellarik [79]

The revision of the sentences to unbury the verbs is:

  • 41. After the investigation, the fire department reached the conclusion that the blaze was set intentionally.
  • 42. Our committee promised to give consideration to your proposal at its next meeting.
  • 43. When used properly, zero-based budgeting can bring about a reduction in overall costs.
  • 44. Did our department make an application for increased budget support?
  • 45. The budget committee has not taken action on any projects yet.
  • 46. Homeowners must make a determination of the total value of their furnishings.

<h3>What is a Verb?</h3>

This is an action or doing word which is used to show action and is one of the important parts of speech in the English language.

When a verb is buried, then the function in the sentence is unclear and obscure, but by placing them properly and changing the form in which they appear in the sentence.

Read more about verbs here:
brainly.com/question/14584990

4 0
2 years ago
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