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murzikaleks [220]
3 years ago
14

Jim and his family have developed a successful business selling a liquid spray fertilizer to farmers. The fertilizer consists of

rich, organic, composted material. Recently NuBreed Seed, a national seed company, has been marketing a powdered chemical fertilizer to its customers; NuBreed's fertilizer is less expensive than Jim's product. NuBreed's efforts are an example of the ________ in Porter's model for industry analysis.
Business
1 answer:
kotegsom [21]3 years ago
4 0

Answer:

Threat of substitute products and services

Explanation:

In simple words, The threat of alternatives or substitutes can be defined as the problem of existence of several other goods from outside a sector that a consumer might buy. An industry's economic framework is challenged as alternative goods are present that offer a similarly similar match of advantages at a reasonable price.

Thus, from the above we can conclude that the given case depicts threat of substitutes.

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What are the four components used to calculate Gross Domestic Product
sesenic [268]
<span>Personal consumption expenditures.Investment.Net exports.Government expenditure.</span>
3 0
3 years ago
Green Day Corporation has outstanding 411,800 shares of $10 par value common stock. The corporation declares a 10% stock dividen
kramer

Explanation:

The journal entries are shown below:

a. Retained earning A/c Dr $3,047,320

                   To Paid-in capital in excess of par A/c $2635,520

                    To Common stock dividend distributable A/c  $411,800

(Being the date of declaration  is recorded)

It is computed below:

For retained earning

= 411,800 shares × $74 × 10%

= $3,047,320

For common stock, it is

= 411,800 shares × $10 × 10%

= $411,800

b. Common stock dividend distributable A/c Dr $411,800

                   To Common stock A/c $411,800

(Being the date of distribution is recorded)

7 0
3 years ago
Please help
Reil [10]

A budget is a plan you make to decide how you spend your money.

To make a budget you must decide how much of your money you want to spend and how much of it you want to set aside. To balance a budget, keep track of all your expenses, payments, and income.

5 0
2 years ago
Dr. Ricci gave two examples of excellence in guest service from which organizations?
e-lub [12.9K]
The government and the authority’s
4 0
3 years ago
Read 2 more answers
A company has sales of $752,800 and cost of goods sold of $301,800. its gross profit equals:
Elena-2011 [213]
Revenue = $752,800
Cost of goods sold = $301,800

To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000

The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had. 
7 0
3 years ago
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