Immediate rivals, potential entrants, customers, suppliers and substitute products are the five aspects that are used to evaluate competition.
<u>Explanation</u>:
Porter's Five Forces is a framework or tool for analyzing the competitive environment of the company. The profit of the company is influenced by company's competitors, potential new market entrants, suppliers, customers and substitute products.
Michael Eugene Porter- a famous economist of America postulated Porter’s Five Forces. This tool helps in determining the competition intense of the company. The position of the company can be affected with the new entry of rivals in the same market. The company should be able to possess strong and durable barriers to withhold its position.
Answer:
they fought in the war gained the right to vote for fighting in ww1 and from ww2 they gained respect especially the fighter pilots
Explanation:
Venetian explorer, Marco Polo, told his cellmate during his imprisonment after the Venetian-Genoese War about his travels to the Far East. These accounts became a book , later entitled "The Travels of Marco Polo" which was influential in sparking people's curiosity of the East.
The first impact was that Marco Polo was able to bring elements of Western culture to the East and Eastern culture back to the West. Because of his exploration Indonesia, Mongolia, Sri Lanka, and India, China began to experience Western culture.
Next, Marco Polo's interactions with Mongolian emperor Kublai Khan led to commercial exchange with Western merchants who were now arriving in China. This increased Chinese's growth as a civilization.
The Silk Road, an easier route to travel around the Gobi Desert, traced by the Polos had a huge effect in the future of European and Chinese interaction. It would prove to be a more effective route than to sail the oceans to China.
Answer:
Hay profile method
Explanation:
Hay profile method of job evaluation is a highly utilized evaluation method in many organizations because it can be used to assess any type of position in an organization. This proprietary job evaluation method focuses on three factors called know-how, problem solving and accountability. The three factors above are used to assess an employees job fit and points are awarded based on that.
