Answer:
d. All of these explanations could be relevant.
Explanation:
Change in demand for small luxury condominiums, from large single family homes could be : due to any of these three reasons - changing 'taste & preferences' of people
- Increase in senior citizen (old parents) , whose children have moved away from home. So, they might feel settling in community apartments better rather than full lonely homes (without children)
- Urban area aged people tend to have higher income & financial base for purchasing luxury condominiums
Answer:
The answer should be un terms of the traded goods. In the case of the minimum price of rum, it is 0.5 barrels of rum per one ton of coffee. In the case of the maximum price of coffee, it is 6 tons of coffee per barrel of coffee.
Explanation:
These values come from the analysis of opportunity cost that both countries have at the moment of use the production capacity: if the Dominican Republic decides to produce rum, then it would give up on coffee. The same with Nicaragua, when it chooses to produce coffee, it gives up producing rum. The potential trade opportunities arise in the mix of prices where both countries can take benefit form the exchange of goods (obtaining more of one product than producing with its own capacity). This is called comparative advantages, and it is a theoretical justification of international trade.
According to <em>Michael Porter</em>, the primary competitive forces are:
- The threats of new market players
- The threat of substitute products or services
- Power of suppliers
- Power of customers
- Industry rivalry
1. The threats of new market players:
- It is the threat that corresponds to the growth of a certain market, its profitability and differentiation of your product or service in relation to competitors.
2.The threat of substitute products or services:
- It is the analysis of products that partially or totally replace your product or service and cause your market share to decrease.
3. Power of suppliers:
- It occurs when suppliers have a monopoly on the market and dictate market rules, defining prices and terms.
4. Power of customers:
- When the customer is able to negotiate prices and terms with a company, as in a segment with many suppliers and few customers.
5. Industry rivalry
- The level of competition between a market that has several competitors, which will lead companies to develop competitive advantages to conquer a larger market share.
Therefore, these are Porter's 5 forces, that is, it is a methodology that aims to analyze the level of competitiveness in the market, relationship and impact on a business, helping a company to understand its strengths and weaknesses to become competitive and profitable in the long run.
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Answer:
Option D
Explanation:
In simple words, A transformation phase relates to any operation or collection of actions that selects, converts and contributes value to one or even more variables, and generates outcomes for consumers or stakeholders. A medical facility, for instance, turns sick people (the input) into healthy individuals (the result).
It normally takes several separate transitions to create a product or a service. The ultimate transition can be defined as the mega process, and as mini processes, the far more specific transitions inside this macro operation.
