Explanation:
In this case, Nike is incorporating corporate governance into its business model, which is defined as a model for managing companies using the best market practices, using transparency, equity and social and environmental responsibility as essential parameters.
Companies today are no longer perceived by society as merely profitable entities, it is a social demand that companies assist in the development of society and minimize their impacts on the environment.
When companies develop programs to support society and sustainability, it guarantees the advantages of being better positioned in the market, attracting more investors, adding more value to its products and services and gaining a strategic and competitive advantage in the market.
Examples of barriers to entry include Patents.
<h3>What Are Barriers to Entry? </h3>
A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market. Existing businesses win from entrance barriers because they preserve their market share and capacity to make money.
There are four main types of barriers to entry:
- legal (patents/licenses),
- technical (high start-up costs/monopoly/technical knowledge),
- strategic (predatory pricing/first mover),
- brand loyalty.
Most people think of patents as temporary entry barriers put in place by the government. Patent protection, however, typically restricts access rather than blocking it. A business may enter a market that is protected as long as its product complies with a minimum standard of novelty and does not violate any active patents.
To know more about barriers to entry refer to: brainly.com/question/12589254
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Answer:
Direct denial
Explanation:
In responding to obejections one can use various methods that suits the particular situation. A person can provide a logical argument when the objection is valid in a bid to convince the other party that their product is suitable for their needs.
In this instance Vince's firm has been in operation for over 15 years. The objection that start-up landscaping firms go in and out of business in just a few months can be answered with a direct denial.
Vince told them the business is not a startup but has been in business for 15 years.
<span>The transportation service characteristic that refers to the ability of the transportation provider to move freight between a specific origin and a destination is called</span>
accessibility
Answer: Check the MSDS for the liquid and follow the instructions.
Explanation:
The Material safety data sheet(MSDS) are document that contains information on the potential hazards(health, fire, reactivity & environmental) and working safely with chemical products. What to do after the spill is to check the MSDS for the liquid and follow the instructions.