What Four Conditions Can Erode a Segmented Market According to Michael

question 83

Short Answer

What four conditions can erode a segmented market according to Michael Porter in his book,Competitive Advantage?

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Definitions:

Misrepresentation

A false statement or deception made by one party to another, often related to the terms or conditions of a contract.

Behavioral Characteristics

Traits or patterns of action or reaction that are characteristic of an individual or group in certain situations.

Job Successfully

Achieving objectives and tasks at work effectively and efficiently, meeting or exceeding performance standards set by employers.

Job Qualifications

The set of requirements and attributes, such as education, skills, and experience, necessary for an individual to perform a specific job effectively.