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allsm [11]
3 years ago
6

Many external costs occur because

Business
1 answer:
Alexandra [31]3 years ago
7 0

the Answer Is C , not sure if this is 100% correct

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Porter's Five Forces framework has been around since the 1980's and has been very effective in evaluating industry attractivenes
Fed [463]

Answer:

False

Explanation:

Porter's Five Forces framework is a list of factors which provide an explanation to the forces affecting competition in industries. These five forces include;

1. Competition in the industry

2. Potential of new entrants into the industry

3. Power of suppliers

4. Power of customers

5. Threat of substitute products

Over the years, these five forces have been used in explaining the structure of certain industries. The framework however has limitations, some of which include,

1. It is not in terms with current realities, such as new advancements in technology which were not available as at the time the framework was formed.

2.  Some companies operate different structures, whereas, the framework classifies each industry under one structure.

3. There is the possibility of industries to give equal consideration to all five factors, whereas in reality only some of the factors might be applicable to them.

4. Individual companies instead of industries now use the framework to make their business analysis which is not the real reason for the development of the framework. It was meant for industries as a whole.

3 0
3 years ago
Customers have become increasingly anxious about breaches of privacy, and it is essential for marketing researchers to _________
myrzilka [38]

Answer:

All of these.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Over the years, customers have become increasingly anxious about breaches of privacy and compromise of their data by business firms. Thus, it is essential for marketing researchers to;

I. Conceal or hide consumers' addresses (both work and home) and phone numbers when they share information on any platform.

II. They should only share customer information with the sales department for follow-up.

III. Respect and protect the privacy of all of their customers without question or recourse.

IV They should always refer to the company's code of ethics so as to determine what information are permitted to be released for public consumptions.

6 0
2 years ago
As time passes, fixed assets other than land lose their capacity to provide useful services. To account for this decrease in use
alexgriva [62]

Answer:

Depreciation

Explanation:

Depreciation is the systematic allocation of estimated cost to an asset. Methods include straight line, sum of the year digits, double declining etc. The entries for recognizing this cost are;

Debit depreciation expense

Credit Accumulated depreciation

Hence to account for this decrease in usefulness, the cost of fixed assets is systematically allocated to expense through a process called depreciation.

6 0
2 years ago
What is the name of a person or business that is a parial owner of a company.?
nikklg [1K]

Answer:

Shareholder

Explanation:

A person or business that’s is a partial owner of a company

8 0
3 years ago
1. Assume a friend of a friend wants to borrow a moderate amount of money from you. List the information you would want to know
jeyben [28]
You would want to know the borrowers background history. U would also want to know if he can repay you. Ask your friend if his friend has borrowed money from him and been able to repay him. Hope this helps
6 0
3 years ago
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