All categories

2 years ago

A company that recently lost patent protection for a product may see an increased threat from which forces? g

Business

1 answer:

Ray Of Light [21]2 years ago

8 0

Answer:

Threat of Substitutes
Threat of New entrants/ Competitors

Explanation:

This question relates to Porter's five forces.

A patent on a good protects that good from being able to be copied or produced by other companies.

Should a company lose this protection, companies will be allowed to make substitutes to the products without running afoul of the law. The company will therefore face an increased threat from Substitutes.

Other companies will also be able to produce the goods or offer the services now which would mean that new entrants/ competitors can come into the market for that good or service.

You might be interested in

You are asked to send out an important letter to your business associates in Japan, and it must be sent within the next 90 minut

alexandr1967 [171]

Answer:

The answer is "15 minutes"

Explanation:

I will approximately spend 15 minutes on prewriting once i have gathered the information needed.

4 0

3 years ago

Select best example below illustrative of transaction costs.a. All of the above b. The costs of various dinners during which a c

vaieri [72.5K]

Answer:

The correct option is A

Explanation:

Transaction costs are the whole array of costs associated with selling, buying, transferring goods etc.

Transaction costs can be of different types which are:

search costs
monitoring costs
Bargaining costs
transfer costs etc.

4 0

3 years ago

Prestwich Corporation has two service departments and two operating departments. Costs of the Building and Grounds service depar

shepuryov [24]

Answer:

$20,880

Explanation:

Under the direct method we ignore services that are provided to the other service departments.

In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.

There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.

So Operating Department A will get 60% of the building costs

i.e., 60% × 34800 = 20,880

7 0

3 years ago

Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the

Alexxandr [17]

<h2><u>Disclamer:</u></h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit: $ 4,295

Probability of loss: 29.80%

As the product has a mean profit it will on average generate gains

but:

as the standard deviation of the simulation was $ 7,778.40

<u>we should not invest on the product as it is to variable</u>

<u>Explanation</u>:

We are going to use the =RAND() function of excel

which, generates a random number between 0 and 1

This will be done 1,000 times 500 for the variable cost

and 500 for the demand.

Then we copy and paste this numbers to get them fixed.

Then, we convert them into actual cost and demand in units considering their distribution

using excel dist.norm.inv

Now, with this values we solve for profit on each one.

<u></u>

FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

Download xlsx

6 0

3 years ago

G4S is a company that provides security services. Saving lives is not the employees' primary job. Which of the following options

professor190 [17]

Answer: A

Cross training

Explanation:

Cross training involves teaching an employee the the skills required to execute the task he/she was employed for and also the skills required to perform a different job function. G4S is a security firm and the primary job function of its recruit will be protecting life but there might be case of an injured individual that need quick medical help, in such cases an employee is required to know basic first aid. Hence the need for cross training.

3 0

3 years ago

A company that recently lost patent protection for a product may see an increased threat from which​ forces? g

A company that recently lost patent protection for a product may see an increased threat from which forces? g