This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain what the Five Forces Model is useful for and identify each of them. What will be an ideal ... (Read 71 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
Explain what the Five Forces Model is useful for and identify each of them.
 
  What will be an ideal response?

Question 2

When does a government run a budget surplus??
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 29, 2018
Answer to Question 1

The Five Forces Model is a model that helps economists understand the competitive forces that determine the level of competition and profitability in an industry. Those forces are potential entrants, buyers, suppliers, substitutes and the rivalry among existing firms.

Answer to Question 2

When the government's tax revenues exceed its spending in a time period (for example, a year), the government is said to be running a budget surplus.


Evvie72

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: Jun 29, 2018
Thank you


Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
brain model brain model
Model for control of cytoplasmic polyadenylation and translation initiation Model for control of cytoplasmic polyadenylation and translation initiation
A Mental Model A Mental Model
A space-filling model of DNA. A space-filling model of DNA.
Can you identify the banding patterns predicted by each model after the first round of ... Can you identify the banding patterns predicted by each model after the first round of ...
Video: Digestion Animation

For a complete list of videos, visit our video library