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olasank [31]
3 years ago
15

Porter's Five Forces framework has been around since the 1980's and has been very effective in evaluating industry attractivenes

s. Changes in the dynamic nature of industries has not impacted the usefulness of the tool. The tool has no limitations. Group of answer choices
Business
1 answer:
Fed [463]3 years ago
3 0

Answer:

False

Explanation:

Porter's Five Forces framework is a list of factors which provide an explanation to the forces affecting competition in industries. These five forces include;

1. Competition in the industry

2. Potential of new entrants into the industry

3. Power of suppliers

4. Power of customers

5. Threat of substitute products

Over the years, these five forces have been used in explaining the structure of certain industries. The framework however has limitations, some of which include,

1. It is not in terms with current realities, such as new advancements in technology which were not available as at the time the framework was formed.

2.  Some companies operate different structures, whereas, the framework classifies each industry under one structure.

3. There is the possibility of industries to give equal consideration to all five factors, whereas in reality only some of the factors might be applicable to them.

4. Individual companies instead of industries now use the framework to make their business analysis which is not the real reason for the development of the framework. It was meant for industries as a whole.

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Colorado Business Tools manufactures calculators. Costs incurred in making 9,940 calculators in February included $29,350 of fix
baherus [9]

Answer and Explanation:

The computation is shown below:

a)

Fixed manufacturing overhead per unit  is

= $29,350 ÷ 9,940

= $2.95 per unit

Now  

Variable cos per calculator is

= $10.70- $2.95

=$ 7.75 per calculator

b)Variable costing income will be lower by

= 750 units × $2.95

= $2,213

= Fixed cost + n × variable cost per calculator

c) The Cost formula (y) is  

= $29,350 + 7.75 x

6 0
2 years ago
Which of the following will not be a consequence of an import tariff?
Sholpan [36]

Answer:

B. Reduced competitive pressure by foreign firms on the domestic producers

Explanation:

An import tariff is a protectionist measure that enables domestic producers to keep a major share of the national market and lower the competition with imports.  

6 0
3 years ago
Problem solving and critical thinking are ______ because they use logic and reasoning to develop and evaluate options
quester [9]
Essential!! it’s very essential to solving
5 0
2 years ago
What was the CEO of Tyco accused of doing?
RSB [31]

Answer:

The correct answer is A.) Falsifying records to keep the company stock price from falling.

Explanation:

Kozlowski and CEO Mark Swartz, also of Boca Raton, were convicted in a trial in 2005 on criminal charges for taking unauthorized bonuses, abusing corporate loan programs, falsifying records, and conspiracy. He went to prison in New York where he was in charge of laundry.

Hope This Helps!

4 0
2 years ago
Suppose you deposit $1,633.00 into and account 9.00 years from today into an account that earns 14.00%. How much will the accoun
Vika [28.1K]

Answer:

$3144.20

Explanation:

Using the formula of Future Value FV = PV(1 + R)^N

where;

Present Value PV = $1633

Rate R = 0.14

∴

FV = $1633(1 + 0.14)^5

FV = $1633(1.14)^5

FV = $3144.20

4 0
3 years ago
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