Answer:
a. Cost Leadership
Explanation:
Porter five forces of the model refers to the rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.
The competition between rivals deals with the competitors ' strengths and weaknesses so that the business does the planning appropriately.
The supplier's bargaining power indicated that the shift in the price of the product caused by the supplier's offer and the consumer is motivated to the product as the product is special which affects the overall profit
The buyer's bargaining power relates with the number of buyers and how many orders a single buyer places.
The threat of new entrants will affect the company's total position if the competitor comes on the market.
The threat of substitution is an alternate way of producing the goods and services that can also weaken your position and have a direct impact on profitability.
D)
Market equilibrium occurs when supply = demand
Answer:
The answer Is below
Explanation:
The households sector is a sector that consists of people such as consumers or end-users and entrepreneurs that are not into a corporation
Also, this sector has producers and consumers because consumers are the individuals that consume the goods and services produced.
Similarly, there are producers in the household sectors as some individuals produce goods and services for themselves and their immediate environment without going into a corporation. For example, Street food vendors, Cobblers, carpenters, and many more.
Answer:
$1,157 rounded to the nearest whole dollar
Explanation:
