List the Five Forces Identified by Michael Porter That Determine

question 13

Essay

List the five forces identified by Michael Porter that determine the intrinsic long-run attractiveness of a market or market segment.

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Definitions:

Bright Lights

Intense levels of light that can have various effects on human behavior and physiology, such as impacting circadian rhythms.

Observational Learning

Learning that occurs through observing the actions of others and the consequences of those actions, without direct experience.

Classical Conditioning

An acquisition of knowledge process that forms by associating an environmental stimulus with a natural one.

Operant Conditioning

A learning mechanism characterized by the adaptation of behavior strength through the provision of incentives or deterrents.