The porter’s five forces and corresponding factors are buyer power (option D), supplier power (option A), threat of substitution (option E), threat of new entrant (option B) and rivalry among existing competitors (option C).
Porter's five forces framework refers to a method of analyzing the operating competition environment of a business. It identifies and analyzes five competitive forces that shape every industry. It helps determine an industry's weaknesses and strengths and is frequently used to identify an industry's structure to determine corporate strategy. The porter’s five forces are buyer power, supplier power, threat of substitution, threat of new entrant and rivalry among existing competitors.
Buyers power refers to an ability that customers have to drive prices lower or higher. In the airline industry, it is high because customers have many airlines to choose from.
Supplier power refers to an ability that suppliers have to drive up the cost of inputs. It is high because there are limited plane and engine manufacturers to choose from.
Threat of substitute refers to the ability for the product or service to be substituted by other offering not necessarily in the same category. It is high because of alternatives, such as videoconferencing and virtual meetings.
Threat of new entrants refers to the ability of new companies to enter into an industry. It is high because new airlines are continuously entering the market.
Rivalry among existing competitors refers to a measure of the extent of competition among existing firms. It is high because of the existence of websites such as Travelocity.com that force competition based solely on price.
Note: The question is incomplete. The complete question probably is: Match specific forces described by Porter against their corresponding analysis for the airline industry. Indicate whether you feel the element is high, moderate, or low in the industry. The porter’s forces are buyer power, supplier power, threat of substitution, threat of new entrant and rivalry among existing competitors. The analysis factors are: A) There are limited plane and engine manufacturers to choose from. B) New airlines are continuously entering the market C) Existence of websites such as Travelocity.com that force competition based solely on price D) Customers have many airlines to choose from E) Alternatives, such as videoconferencing and virtual meetings.
Learn more about Porter's five forces:
https://brainly.com/question/13186473
#SPJ4
suppose a fixed basket of consumer goods that costs $90 in the united states costs cny 105 in china. under a constant cost of the basket in each country, compute the real exchange rates produced by the two nominal exchange rates given in the following table.
The real exchange rates that would result from the two nominal exchange rates should be 6 and 9 respectively.
The real exchange rate is defined as the price of foreign goods in relation to the price of domestic goods. The nominal exchange rate is defined as the measure of value of domestic currencies relative to the value of foreign currencies. The real exchange rate is given by:
Real exchange rate = Nominal exchange rate * Cost of basket in US(dollar)/Cost of basket in China(Yuan)
In the given table, in the first entry,
Nominal exchange or yuan per dollar = 7
Cost of basket in US (Dollar) = 90
Cost of basket in China (Yuan) = 105
Hence,
Real exchange rate = (7*90)/105 = 6
In the second entry,
Nominal exchange or yuan per dollar = 10.50
Cost of basket in US (Dollar) = 90
Cost of basket in China (Yuan) = 105
Hence,
Real exchange rate = (10.50*90)/105 = 9
Note: The question is incomplete. The complete question probably is: Consider a basket of consumer goods that costs $90 in the United States. The same basket of goods costs CNY 105 in China. Holding constant the cost of the basket in each country, compute the real exchange rates that would result from the two nominal exchange rates in the following table.
Learn more about Real exchange rates:
https://brainly.com/question/17134071
#SPJ4
according to walt w. rostow's modernization theory, the second stage of economic development is the , which is a period of economic growth accompanied by a growing belief in individualism, competition, and achievement. group of answer choices take-off stage high mass consumption stage technological maturity stage traditional stage
Traditional Society: Traditional stage is defined by a population that lacks a scientific view on the world and technology, an agricultural economy that is dependent on intensive labor and little trade, and a subsistence-based economy.
American economist and government official W.W. Rostow was a significant figure in twentieth-century development studies. Before Rostow, strategies for development were founded on the presumption that "modernization" was a trait of the Western world (at the time, wealthier, more powerful countries), which were able to go past the earliest stages of underdevelopment. In order to achieve a "modern" condition of capitalism and a liberal democracy, other nations need take inspiration from the West. In 1960, Rostow refined these concepts into his seminal work, Stages of Economic Growth, which outlined five stages that all nations must go through in order to develop: Traditional society, take-off conditions, take-off, drive to maturity, and high mass consumption age are the first three.The model claimed that all nations lie somewhere along this linear spectrum and go upward through each stage of development:
Learn more about traditional Stage from here:
https://brainly.com/question/30298333
#SPJ4
a colleague brings in data that is a hand written account of what the user was doing as she was completing a given task in the grocery store
A colleague brings in data that is a hand written account of what the user was doing as she was completing a given task in the grocery store because her data is best described as qualitative.
What is user interface design?User interface (UI) design is the process through which designers create interfaces in software or electronic devices with an emphasis on aesthetics or style. Designers strive to design interfaces that are both easy to use and enjoyable for users.
What are the types of UI design?There are three types of user interfaces: graphical user interfaces (GUIs), command line interfaces (CLIs), and menu-driven user interfaces.
What is UI design examples?The process of developing and implementing menus and tools that allow users to traverse a digital product is known as user interface (UI) design. This includes websites, smartphone applications, railway ticket machines, televisions, coffee machines, and a variety of other devices.
What is difference between GUI and UI?GUI stands for "graphical user interface," while UI stands for "user interface." A subset of UI is GUI. Non-graphical interfaces, such as screen readers or command line interfaces, are examples of UI.
To know more about User Interface visit:
https://brainly.com/question/15704118
#SPJ4
Assume that the economy is in equilibrium. If aggregate demand increases, nominal interest rates and bond prices will most likely change in which of the following ways? of the foilowing ways?ge Nominal Interest Rates Bond Prices Increase Decrease Not change Increase Decrease (A) Increase (B) Increase (C) Increase (D) Decrease (E) Decrease
If aggregate demand rises and the economy is in equilibrium, nominal interest rates and bond prices will probably vary in the following ways: Bond prices decline when nominal interest rates rise.
What transpires when bond prices are greater than the price equilibrium?When the price of any commodity or service is higher than its equilibrium, there are more supplies than there are demands. This indicates a surplus of something. Because sellers will fight to sell their commodities to a finite number of customers, the price will be pushed downward until it reaches equilibrium. The equilibrium bond price will increase if the supply and demand curves for bonds shift to the right and left, respectively, but the volume of bonds exchanged may change based on the relative magnitude of these shifts. Most bonds have a fixed interest rate that increases in attractiveness when interest rates decline, increasing demand and bond price.
To know more about Bond prices visit:
brainly.com/question/28489869?
#SPJ4