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Oksana_A [137]
3 years ago
10

Which of the following is NOT one of the 5 typical sources of competitive pressures? Select one: a. The power and influence of i

ndustry driving forces b. The bargaining power of suppliers and seller-supplier collaboration c. The threat of new entrants into the market d. The attempts of other companies/industries to win customers over to their substitute products
Business
1 answer:
allochka39001 [22]3 years ago
7 0

Answer:

a. The power and influence of industry driving forces

Explanation:

As per Michael Porter, there exist five competitive forces that influence competition in an industry. The five forces as per Porter are:

  • Potential entrants
  • Industry competitors
  • Customers
  • Substitutes
  • Suppliers

Potential entrants refers to the risk of new entrants in the market.

Industry competitors refers to the extent of rivalry and competition between existing firms.

Customers relate to the negotiating or bargaining power of the customers and to what extent they exercise such power.

Substitutes refer to the emergence of substitute products in the market which may drive down a firm's sales.

Suppliers relate to the bargaining power exercised by suppliers with respect to inputs.

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To what phase of the employment cycle does training belong?....
zalisa [80]

The answer is onboarding.

There are normally five stages of the employment cycle. They are recruiting, onboarding, developing, retaining and offboarding. Training falls into the onboarding category when you are starting with the company and receiving the training that you need in order to do the job.

3 0
3 years ago
How might a producer of bicycles adjust the quantity supplied when prices decrease?
Strike441 [17]
The producer will decrease the quantity of bicycle production. In the basic Laws of supply and demand, when price decreases there is an increase of supply. Therefore the decrease of price suggest that there is an increase of supply in the market. Also as the price decreases profitability also decreases.  
3 0
3 years ago
Which of these factors mostly greatly impacts business cycles
sveta [45]
The answer is D. economy
8 0
3 years ago
Firm T produces 600 tires and sells them to Firm B at a cost of $30 each.
umka21 [38]

Answer:

$90,000; $18,000; $37,500; $34,500

Explanation:

Total contribution to GDP:

= Number of bicycles produces × Selling price of each

= 300 × $300

= $90,000

Value added by Firm T is calculated as follows:

= value of tires sold to Firm B

= Selling price of each tire × No. of tires produced

= $30 × 600

= $18,000

Value added by Firm F is calculated as follows:

= Value of bicycle frames sold to Firm B

= Selling price of each bicycle frame × No. of bicycle frames produced

= $125 × 300

= $37,500

Value added by Firm B:

= Value of bicycles sold to consumers - Cost of purchasing tires from Firm T - Cost of purchasing bicycle frames

= ($300 × 300) - $18,000 - $37,500

= $90,000 - $18,000 - $37,500

= $34,500

8 0
4 years ago
In 2020, Hobbs Corp. acquired 15,000 shares of its own $1 par value common stock at $18 per share. In 2021, Hobbs issued 10,000
Semmy [17]

Answer:

b.Treasury stock = $180,000

Additional paid in capital = $70,000

Explanation:

Data provided as per the question below:-

Hobbs shares = 10,000 at $25 shares

Common stock = $18

The Journal entry is shown below:-

Cash

(10,000 × $25)         $250,000  

Treasury stock

(10,000 × $18)                           $180,000

Additional paid in capital           $70,000

(Being issuance of treasury stock is recorded)

b. Treasury stock = $180,000

Additional paid in capital = $70,000

7 0
3 years ago
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