1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prisoha [69]
4 years ago
15

The five forces are not meant to replace __________ and __________ economic philosophies, which are part of making thorough deci

sions from a business perspective.
Business
1 answer:
Natasha_Volkova [10]4 years ago
3 0

Answer:

<u>analyzing</u> and <u>accepting.</u>

Explanation:

Porter's Five Forces, is a model of competitive analysis developed by Michael Porter, whose main objective is to assist the positioning of an organization in the market in which it operates.

For Porter, the five forces that can help a company to position itself in the market are:

  1. Competitive Rivalry.
  2. Supplier Power.
  3. Buyer Power.
  4. Threat of Substitution.
  5. Threat of New Entry.

According to the author, these five forces will be decisive for a company to align its strategy appropriately to the market in which it operates, adapting its microenvironment to the macroenvironment and then achieving essential competitive advantages to increase organizational profit.

Therefore, this tool is used as an analysis differential for companies to know their potential, correct the flaws and identify opportunities. But it is not able to replace economic philosophies, which continue to be an essential business assessment tool for decision making.

You might be interested in
Production Budget Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1 inventory is 35,0
sergij07 [2.7K]

Answer and Explanation:

The preparation of the production budget is presented below:

Projected sales units 800,000 candles

Add: Desired ending inventory, Dec 31 20,000 units  

Total units available 820,000 units  

Less: Estimated beginning inventory,Jan 1 -35,000  units

Total units to be produced 785,000  units

We simply applied the below formula i.e

= Sales units + ending inventory units - beginning inventory units

By applying this formula we can get the Total units to be produced in January month

7 0
3 years ago
On January 2, 2015, Quick Delivery Company traded in an old delivery truck for a newer model. The exchange lacked commercial sub
fenix001 [56]

Answer:

$36,000

Explanation:

The first step is to calculate the fair value of the new truck

(List price-cash paid with trade)-(original cost -accumulated depreciation)

= (36,000-30,000)-(24,000-16,000)

= 6000-8000

= loss of $2000

Therefore the cost of the new truck for financial accounting purposes can be calculated as follows

(Original cost- accumulated depreciation)+cash paid with trade-loss

= (24,000-16,000)+30,000-2000

= 8,000 + 30,000 - 2,000

= 38,000-2,000

= $36,000

Hence the cost of the new truck for financial accounting purposes is $36,000

7 0
3 years ago
Which phrase best describes a function
Nata [24]

It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.

Hope this helps!

5 0
4 years ago
What are the implications of using criteria, such as baldrige, in assessing organizational culture needs? explain
KIM [24]

The implications of using criteria, such as baldrige, in assessing organizational culture needs to:

-Identify successes and opportunities of organization for improvement.

-Jump and start a new change initiative

-Energize the improvement initiatives

-Energize the workforce by motivating.

-Focus whole organization on common goals

-Assess the performance against the competition

-Align resources with  some strategic objectives

Baldrige self-assessment helps organizations to assess whether they are developing and deploying a good, balanced and systematic approach for running the organization.

No matter the organization is large or small, and no matter your industry or sector, you can use the Baldrige  Criteria to conduct a self-assessment of the organization.

It provides the best way to evaluate how well your organization is meeting its goals and objectives. Organizations use it to evaluate their processes and their impact on results.

To know more about Baldrige criteria here:

brainly.com/question/27960097

#SPJ4

7 0
2 years ago
Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees __________. a. S
LiRa [457]

Well balanced employees can be more productive, they can be more stable and stay on their jobs longer, and if they like their jobs, they will be satisfied. Your answer would be D! The reason why is that the other answer choices cover what a satisfied employee would do.

<br>

<span>Have a nice day! :)</span>

8 0
3 years ago
Read 2 more answers
Other questions:
  • Consider a project to supply Detroit with 20,000 tons of machine screws annually for automobile production. You will need an ini
    11·1 answer
  • Jorge is considering an investment that will pay $4,650 a year for five years, starting one year from today. What is the maximum
    9·1 answer
  • If the central bank wants to expand aggregate demand, it can ________ the money supply, which would ________ the interest rate.i
    9·1 answer
  • According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years wh
    8·1 answer
  • On theShopping Listsheet, check all the formulas. Cells to check are filled with the light orange color.Most of them need to be
    9·1 answer
  • Assume that the inflation rate becomes much higher in the U.K. relative to the U.S. This will place ____ pressure on the value o
    6·1 answer
  • If a financial manager focuses on monitoring and influencing the company's current assets and liabilities, he or she is involved
    5·1 answer
  • Which of the following is true at the​ long-run equilibrium in a monopolistically competitive​ market? A. Each​ firm's output is
    14·1 answer
  • All of the following programs enable young people to serve their country and the world EXCEPT...
    8·1 answer
  • why did the gradute students and professors score lower than chimpanzees in Rosling's global health pre test?​
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!