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2 years ago

Under which conditions, according to the Porter five-forces model, can a supplier group gain power?

Business

1 answer:

Tasya [4]2 years ago

8 0

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

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Historically the stock market goes up when there is bad news on unemployment. The latest statistics show the unemployment rate i

Evgesh-ka [11]

Answer: C. The stock market now

Explanation:

The Argument target refers to the subject of the discussion in question. The speaker in question is attempting to explain why it would be a good time to buy stocks in the present which concerns the stock market today making it the subject.

The speaker does this by calling into evidence, the correlations between variables in the past and showing that with one variable ( high unemployment) currently in effect, the other variable (increasing stock prices) which it correlates with therefore has a chance of happening in the present.

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2 years ago

Which item shows a credit balance in the Trial Balance?

Gre4nikov [31]

Answer:

Asset and expense accounts appear on the debit side of the trial balance whereas liabilities, capital and income accounts appear on the credit side.

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3 years ago

Read 2 more answers

One way to interpret the change in Blue Hamster's accounts receivable balance from Year 1 to Year 2 is that more customers purch

mash [69]

Answer:

The balance of account receivable for year 2 is increase from the balance of year 1.

Explanation:

The balance of account receivable for year 2 is increase from the balance of year 1. This means the thee are more credit sales and less receipts from the customers in year 2 as compared to Year 1. Credit sales increases the account receivable balance but it should be settlement in the form of receipts from the customers.

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3 years ago

Smith operates a roof repair business. This year Smith's business generated cash receipts of $32,000 and Smith made the followin

rodikova [14]

Answer:

Net income = $20,940

Explanation:

Answer 1.

Accounts

Cash Receipts 32,000

Expenses

Advertising 500

Depreciation 3,200

Car & Truck Expense 1,360

Employee Compensation 5,000

Education 1,000 11,060

Net Income 20,940

Therefore, the net income that Smith should report from his business after considering all the cash receipts and all the expenditures associated with his business is $20,940. All the expenses are to be deducted from income.

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3 years ago

Compare transnet with a perfect competitor in terms of price and output and profit

Sergeu [11.5K]

Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg.

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>

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2 years ago