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Alex777 [14]
3 years ago
13

In the​ video, Walmart's creation of small retail stores that offer the convenience customers​ can't find in​ Walmart's larger s

tores is cited as an example of which of the following elements in​ Porter's model?
Business
1 answer:
Tresset [83]3 years ago
4 0

Answer: THREAT OF SUBSTITUTE PRODUCTS.

Explanation:Porter's model was developed by a Harvard business school Lecturer known as Michael E. Porter in 1979. Michael E. Porter developed a Five Forces model that identifies and analyzes five competitive forces that shape every industry, and determines an industry's weaknesses and strengths.

The five competitive forces are as follows;

COMPETITIVE RIVALRY which determines the strength and number of your competitors.

SUPPLIER POWER which determines the uniqueness of the supplies given to you by your suppliers and the number of suppliers you have etc.

BUYER POWER which evaluates how many buyers you have,how easy it is for them to buy your products etc.

THREAT OF SUBSTITUTION which evaluates how easy it is for your buyers to buy another substitutes to your product etc.

THREAT OF NEW ENTRY which evaluates the ability or easy access of new products to penetrate the market,how well you are to maintain your strength etc.

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As a project manager, the project is your number one priority. However, you have team members with competing priorities from oth
kaheart [24]

As per the given scenario, the interpersonal skill that should be used is negotiating effectively.

<h3>Who is a project manager?</h3>

A project manager refers to the person who is in overall charge of the planning and execution of a particular project.

As a project manager, the project is on number one priority. The interpersonal skill that is mainly used in this scenario is negotiating effectively.

Learn more about project manager here:

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4 0
2 years ago
A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads,
photoshop1234 [79]

Answer: MFP= 4.00±0.01

Explanation:

8 0
3 years ago
Read 2 more answers
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured
Dennis_Churaev [7]

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.

A. Functional

B. Balanced matrix

C. Weak matrix

D. Strong matrix

E. Project

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using<u> Project organization.</u>

Answer: Option E

<u>Explanation:</u>

Projectized or Project organization as the name suggests, focus on the projects and various process related to those projects. Project organization is different from the rest of the organizations in a sense that it works as a separate unit.

In this type of organizational structure the project manager is on the top and he is the sole decision maker regarding all the projects. The rest of the team members report to the project manager, whereas the roles and responsibilities are divided amongst the members.

4 0
3 years ago
A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at th
algol [13]

Answer:

debit Salaries and Wages Expense, $24,000; credit Salaries and Wages Payable, $24,000.

Explanation:

The journal entry is shown below:

Salaries and Wages Expense A/c Dr $24,000

   To Salaries and Wages Payable $24,000

(Being salary and wages is adjusted)

The computation is shown below:

Five day salary = $30,000

Per day salary = $30,000 ÷ 5 days = $6,000

Now Monday to Thursday salary i.e 4 days salary = $6,000 × 4 days = $24,000

3 0
4 years ago
Which of these does not fall under the "marketplace" umbrella?
Goshia [24]
Stock market is the market where buyers and sellers come together to make deals with stocks of companies.
E-commerce is a market that is present in the cyberspace or in the internet
Physical place of business are businesses that have physical store fronts or offices such a supermarket.
The answer is
4. taxation
3 0
4 years ago
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