This could have a variety of impacts that this situation could have on the local market. Firstly, the introduction of a Chinese company would mean that there would more competition for the American solar power company which would then have to contend with the Chinese company for sales. They would then be in a race to bring the most affordable options to the consumers as well as new advances in the technology or greater service. This would mean that the consumers would benefit greatly from this situation as they would be getting better products and service for an affordable cost.
Also, both companies could have a working arrangement where they act as an oligopoly and dominate the solar power industry in that particular market. Although, more companies brings more competition, when there aren't a multiplicity of competitors, there is always the danger that the few businesses will band together and operate as one entity where they set specific prices, standards of service and technological advances introduced. They would only superficially be competing with each other. In this arrangement, the consumers would endure the same standard as having one entity dominating the market.
Another scenario would be where the American solar power company makes a superior product and as such would promote their products to the market as 'higher end' which would ensure they have a core and stable consumer base.
Answer:
It is important because knowing for yourself is much better than leaning on other people, or the internet for support. It would be very hard to have an opinion about something, or even have a conversation without having an understanding of it first.
Explanation:
Answer:
operational feasibility
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this is an example of operational feasibility. This term refers to the ability for an individual to be able to complete the requirements of a certain operation/task. Which is what Lara is doing in this situation, she is making sure that her team can handle this project because if they accept it and cannot complete it then the company looks really bad and it hurts their reputation.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Well, one example would be a hare. In winter, they change by growing a big, fur coat to keep them warm.
Another great example would be ducks and/or chickens. When winter is approaching, they shed their old feathers (also known as "molting") and grow a new, thicker layer of feathers to keep warm. I know this from experience, because I have 2 ducks and some chickens of my own. =)
Hope this helps! ^_^
