Answer:
b. When there is a lack of importance of the buyer to the supplier group
Explanation:
According to Porter there are five forces that can cause rivalry in a production industry. These are supplier power, threat of new entrants, buyer power, threat of substitutes, and degree of rivalry.
Supplier power is when suppliers are able to benefit from the producers by increasing prices of inputs and gaining some industry profit. Since suppliers supply input and labour to the producer they have a greater control of there is lack of importance of the buyer to the supplier group.
This means that the supplier group has more control on price and quality it supplies to the buyer with buyer having little choice but to buy.
If however buyer is more important to the supplier it means they can control price and quality of inputs
<span>Because farm products have a low elasticity of demand a small change in output will have a similar effect on the price. Since the low elasticity of demand directly relates to </span>pricing, when the smaller change in output happens, a smaller drop in profits does as well. The price of the item will decrease to compensate for less products selling.
Answer:
Supervised and Unsupervised Learning:
a. Unsupervised learning
b. Supervised learning
3. Supervised learning
4. Unsupervised learning
Explanation:
The key difference between supervised machine learning and unsupervised machine learning is that with supervised machine learning there is a training dataset (labeled data) on which the algorithm is trained to predict patterns. With unsupervised machine learning on the other hand, there is no training data. So, the algorithm discovers patterns on itself without reference to another labeled data or training dataset.
False, Employers who mandate the use of personal mobile devices at workplace are not required to pay back their staff members' cellular voice and data costs.
More about mobile devices in the workplace:
Businesses are using mobile devices to increase productivity because the nature of the workplace is changing, altering how, when, and where many of us work.
Despite the fact that mobile solutions have long been a key factor in businesses' success, the pandemic has really brought to light the many ways they boost productivity in the workplace. This occurs at a time when it may be more important than ever for organisations and employees to operate at optimal efficiency.
Learn more about workplace here:
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