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denis23 [38]
3 years ago
12

Sasha has run a small diner near the train station for the past ten years. Six months ago, a chain restaurant serving gourmet bu

rgers and sandwiches opened up near him and he has had to re-think his menu. He added some specialty sandwiches and free fries with every burger in order to retain his customers. Which of Porter's five competitive forces has affected Sasha's business?
Business
1 answer:
fenix001 [56]3 years ago
6 0

Answer:

threat of new entrants

Explanation:

Based on the information provided within the question it can be said that force that has affected Sasha's business, from Porters five forces was the threat of new entrants. This force refers to the threat that comes from new competitors entering an industry with existing competitors. If the barrier to entry of the market is low/easy for these new companies then it creates a huge threat to the existing company's since it allows them to get established in the market fast and at a low cost.

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You are planning a trip to the United Kingdom and expect that you will spend 2,200 pounds. How much will your spending be in U.S
ValentinkaMS [17]

Answer: $3,026.55

Explanation:

If US$1 is to £0.7269 then that means that the pound is stronger than the dollar because a dollar buys less than a pound in which case £2,200 will be more than $2,200.

It will be;

= 2,200/0.7269

= $3,026.55

<em>Options seem to be for a variant of this question. </em>

6 0
3 years ago
You've Just Created a Business. Congratulations ! Now That You Have Everything In Place You Need To Figure Out what Kind Of Busi
vladimir2022 [97]
The first step is too come up with a plan.Then paperwork that your are going need. Make sure you have transportation etc.
6 0
3 years ago
When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,
rewona [7]

Answer:

Option (a) is correct.

Explanation:

When the price of ground beef increases, this means that there is an increase in the cost of production of hamburgers because the beef is used as an input in the production of hamburgers.

So, an increase in the price of beef will result in a decrease in the supply of hamburgers because it will become less profitable for the suppliers and this will also shifts the supply curve leftwards.

Hence, this lower supply of hamburgers will cause the price of hamburgers to rise.

6 0
3 years ago
Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers br
VikaD [51]

Answer:

e. trialability

Explanation:

Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.

It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.

Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging

7 0
3 years ago
A work arrangement whereby employees are able to remain at home and perform their work using computers that connect them with th
Anarel [89]

Answer:

Telecommuting

Explanation:

Telecommuting is when employees work outside of their organization. In this type of work arrangement, employees work remotely and are connected to their organization platform through technology applications such as zoom, slack etc.

Although, workers may visit their workplace occasionally for meetings that requires physical presence , their main duties are carried out away from their workplace.

8 0
3 years ago
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