Answer:
The biggest competitive threat the company will face is the presence of other global large retailers on the territory the supermarket is trying to enter.
Explanation:
Pricing is a major decider on the power of a goods in the economic or market world. This is a big issue when they have been existing market for similar product, this would make the producer consider the prices already available before launching his own product with it's price out there and it is better advised to place a competitive price for a new product entering the market to be able to compete with market out there already and be easily accessed by customers.
So, the biggest threat the new product would have is the existing price in the market and making his competitive.
Explanation:
They were worth ten times more than the cost of the journey
The rule of 70 is a technique used to forecast how many years would take to a variable to double its value. It consists on dividing number 70 by the growth rate of the variable of interest, which in this case is the GDP of countries A and B.
According to the rule of 70, let's compute how long will take for the GDP of each country to double:
- Country A: 70/2.8= 25 years
- Country B: 70/1.4= 50 years
As the growth rates are constant, it is possible to compute the exact value of the GDP of each country in 100 years time using the number of years for output duplication.
- Country A duplicates its growth every 25 years. Hence, it will happen 4 times in 100 years. In year 25, the output will be $100,000. In year 50, it will duplicate again and reach $200,000. The third duplicate will take place in year 75 and GDP will sum $400,000. Finally, in year 100 it will duplicate one last time and country A will end up the century with a GDP per capita of $800,000.
- Country B duplicates its growth every 50 years. Therefore, it will happen twice in 100 years. In year 50, the output will be $100,000. In year 100, the last duplicate will take place, and country B will end up with a GDP per capita of $200,000.
Conveying their whole feelings directly is impossible and uncertain!! thats why communication needs!!!
A historian must ask themselves if the source is a primary or a secondary. In order for it to be a real account it must be a primary source, as a secondary source is something written or based off of the primary source.
