Answer:
A) rivalry among existing competitors
Explanation:
Since Barb chooses to go to Payless Shoes to purchase her children's shoes rather than shopping at another shoe seller Zappos.com, this is an example of rivalry among existing competitors
.
In Porters' five forces, Competitive rivalry measures the extent of competition between existing firms. This rivalry can trigger price wars (including price cutting) which result in limitation of profits. It also involves increased advertising costs, higher research and development on service/product improvements and innovation, etc.
Answer:
The answer is: The price elasticity of demand for a good measures the willingness of buyers of the good to buy less of the good as its price increases.
Explanation:
The price elasticity of demand measures the change in the quantity demanded of a product in relation to a change in its price.
The formula for determining the price elasticity of demand (PED) is:
PED = % of the change in Quantity Demanded / % of the change in price
If a good has a high PED (≥ 1) then it is called elastic, which means that any change in the price will change the quantity demanded in a greater proportion. If a good has a low PED (≤ 1) then it is called inelastic, which means that any change in the price will affect the quantity demanded in a smaller proportion.
Usually goods or services considered luxurious (e.g. gourmet cheese), tend to be very elastic (high PED). While products considered basic necessities (e.g. gasoline) tend to be very inelastic (low PED).
Answer:
Credit is the provision of money or bills, based on a loan agreement between the bank and another party that requires the borrower to carry out the amount of interest in return
<em>N</em><em>o</em><em>t</em><em>e</em><em> </em><em>:</em>
<em>S</em><em>o</em><em>r</em><em>r</em><em>y</em><em> </em><em>i</em><em>f</em><em> </em><em>m</em><em>y</em><em> </em><em>E</em><em>n</em><em>g</em><em>l</em><em>i</em><em>s</em><em>h</em><em> </em><em>i</em><em>a</em><em> </em><em>a</em><em> </em><em>m</em><em>e</em><em>s</em><em>s</em><em>.</em><em> </em><em>b</em><em>e</em><em>c</em><em>a</em><em>u</em><em>e</em><em>s</em><em>,</em><em> </em><em>I</em><em> </em><em>c</em><em>a</em><em>n</em><em>'</em><em>t</em><em> </em><em>s</em><em>p</em><em>e</em><em>a</em><em>k</em><em> </em><em>E</em><em>n</em><em>g</em><em>l</em><em>i</em><em>s</em><em>h</em>
The type of employee that would most likely be satisfied and perform at a high level is motivated employee.
<h3>Who is
Hackman and Oldham?</h3>
Richard Hackman and Greg Oldham developed a model which itself motivates employees for the jobs.
The model focuses on the perspective that if the job is not monotonous, it can motivates the employee and would not feel discouraged to work.
Hence, the type of employee that would most likely be satisfied and perform at a high level is motivated employee.
Read more on about Hackman and Oldham here: brainly.com/question/13103980
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