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3 years ago

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

Business

1 answer:

Tasya [4]3 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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Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South Africa

Helen [10]

Answer:

<u>Licensing </u> is the correct answer.

Explanation:

Licensing is defined as a trade agreement between a company that gives another company authorization to manufacture its product by contract and payment of royalties for the use of the right to use the trademark.

Companies generally license: design, patents, trademarks, copyrights and others whose purpose is to assist in increasing profitability and expanding business.

Despite being a very profitable strategy worldwide, product licensing is not crucial to a company's success, despite the ease of marketing a product or brand already consolidated and valued by the consumer, it is necessary to ensure compliance in production processes. and focus on marketing and sales.

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3 years ago

Credit card A has an APR of 14.3% and an annual fee of $36, while credit card B has an APR of 17.1% and no annual fee. All else

artcher [175]

P•(1 + 0.143/12)12 + $36 = P•(1 + 0.171/12)12

3 0

4 years ago

The _____ performance management method requires managers to rate the frequency with which an employee has exhibited a behavior

snow_lady [41]

Answer:

B. behavioral observation scale

Explanation:

Behavioral observation scale -

It is the method which measures the level of performance and the frequency of the work , is referred to as behavioral observation scale.

It is adapted in the field of medical , in order to diagnose the patient at specified interval of time .

In a company , the efficiency and performance of the employees are rated from time to time .

Hence, from the given information of the question,

The correct option is B. behavioral observation scale .

3 0

3 years ago

MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $90,000

ANTONII [103]

Answer:

65%

Explanation:

Calculation to determine its predetermined overhead rate for the next period should be:

Using this formula

OH rate = Estimated overhead next period/direct labor

Let plug in the formula

OH rate = $65,000/$100,000

OH rate = 65%

Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%

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3 years ago

What approaches do supermarkets use to offset variations in customer traffic intensity?

Julli [10]

Based on earlier studies or history of the supermarket they would know when the busy times of the day are, with that they would deliver in more crowd.
They would need the various server systems to cost out how many crowds they would want to have worked to help limit the number of customers in line and their wait time in line.

3 0

4 years ago