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
kondor19780726 [428]
3 years ago
8

Gerald is planning on setting up a burger joint in his hometown. He finds out the NAICS (North American Industry Classification

System) code for his business. From this information, he is able to understand that his immediate area contains virtually no competitors and has the potential to do very well. In the context of the critical steps involved in conducting an external analysis, Gerald is _____.
Social Studies
1 answer:
alexandr402 [8]3 years ago
3 0

Answer:

defining the industry in which he is competing.

Explanation:

Gerald is planning on setting up a burger joint in his hometown. He finds out the NAICS (North American Industry Classification System) code for his business. From this information, he is able to understand that his immediate area contains virtually no competitors and has the potential to do very well. In the context of the critical steps involved in conducting an external analysis, Gerald is <u>defining the industry in which he is competing</u>.  

External analysis is important in the study of the business world of an enterprise in order to identify threats and opportunities to the sustainability of the enterprise. In external analysis, it is important to define the industry in which you are competing, this involves identifying your potential customers, competitors and threats to the success of your business.

You might be interested in
This was an international agreement signed in 1919 that ended WWI.
EastWind [94]
Treaty of Versailles
4 0
3 years ago
Which of the 4 regions has the most extreme weather temperature?
Kazeer [188]
Great plains is your answer looked it up
8 0
3 years ago
South america ethnic diversity best reflects
Ostrovityanka [42]
Influxes of Asian and African americans
4 0
3 years ago
Summarize the social change protests. Explain in your own words 5 sentences.
Yuri [45]

Answer:

Modern social change protests are a group of sexist and racist individuals who claim that they want to stop those things by showing those things to the "oppressors". For example, the black lives matter movement claims that they want to end racism, but if you actually look at the fact that they intentionally harm the lives of white people and advocate for racism against white people in schools and in society. The Modern feminist movement is now sexist against men, and have pushed for fundamentally sexist rules, even when women, legally have more rights than men in America. The "Anti-Facist" or "Antifa" is a terrorist organization who's entire purpose is to cause harm to anyone with a conservative mindset; this is actually written in their own description. These are examples of "social change" protests that are intentionally cause harm, but there are ones, such as the march for life, that don't cause harm to anyone; instead, they do a lot of good things.

Explanation:

5 0
3 years ago
Suppose you have the job of assigning the proper number of House of Representatives seats for various states. To do that, you mu
Dvinal [7]
The Answer Is Apportionment
3 0
3 years ago
Read 2 more answers
Other questions:
  • Pls help i cant do this
    6·1 answer
  • As a function of government in a modern market economy, how MIGHT a government respond to a market failure?
    6·2 answers
  • Why did the British parliament pass the stamp act
    5·2 answers
  • Janice picks up her gym bag only to notice that it feels heavier than before, she is not sure because she can hardly detect a ch
    5·1 answer
  • The GATT Uruguay Round negotiations led to groundbreaking changes in the following areas, with the exception of
    6·1 answer
  • We socially construct our behavior so that male-female differences are either created or exaggerated
    9·1 answer
  • Help i mark brain thing
    9·1 answer
  • Should students be required to stand and recite the Pledge of Allegiance in schools? Why or why not?
    9·1 answer
  • I need your opinion for the election. Do you think we should keep the Electoral college?
    9·2 answers
  • Why is North Korea economy so bad?. What is the world doing to it and Why?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!