When Microwave Ovens Were Originally Introduced,they Posed a Potential Threat

question 82

Multiple Choice

When microwave ovens were originally introduced,they posed a potential threat to the producers of conventional ovens.Over several decades,the effect of microwaves on the sales of conventional ovens has been minimal;in fact,most homes today utilize both appliances.Also,technology has not advanced much in this area and industry profits are flat.Based on this information

• A)the threat of new entrants for either type of oven is high.
• B)the threat of competitive rivalry for either type of oven is high.
• C)the threat of new entrants for either type of oven is low.
• D)the threat of substitutes for either type of oven is high.
• E)the regulatory influence on these ovens is high and changing.

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Definitions:

Four-Day Workweek

A work schedule that allows employees to complete their usual working hours in four days instead of five, aimed at improving work-life balance.

Task Simplification

The process of breaking down a job or task into smaller, more manageable components to increase efficiency and ease of completion.

Weekday Job Sharing

An employment arrangement where two or more individuals share the responsibilities of a full-time position during the workweek.

Job Rotation

A human resources strategy where employees are moved between various jobs at an organization to gain experience and skills across different roles.