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One of porter’s five forces is the barriers to entry of the market, and the firm should try to increase these to strengthen its position. It could do this by introducing new technology, w...
Protectionist policies that governments may impose ca consist of tariffs, quotas and embargoes. These can lead to a fall in profits for UK businesses to a large extent because they limit and discourage gl...
There are many ways in which globalisation can help increase operational efficiency, for example; economies of scale. Globalisation can help lower production costs as a result of a wide spread production,...
The two concerns the level of responsibility for debts of a business if it happens to fail. Limited liability means that a shareholder can only lose the investment they made into the company if it fails. ...
A positive consequence is that the cost of distribution is zero as Spirit airlines is not required to give commission to travel agents. This means that Spirit Airlines can reduce the prices of their fares...
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