Explain Three of the Five Basic Forces of Competition That

question 62

Essay

Explain three of the five basic forces of competition that exist within every industry.

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Definitions:

MOOCs

Massive Open Online Courses, which are free online courses available for anyone to enroll and provide a way to learn new skills or enhance knowledge.

Democratizing

The process of making something accessible to all people, often used in the context of technology or information, making it available and understandable to the general public.

Videoconferencing

A technology that allows users in different locations to hold face-to-face meetings without having to move to a single location physically.

Telepresence

Technology that allows a person to feel as if they are present, to give the appearance of being present, or to have an effect, somewhere other than their true location.