Porter Identified the Bargaining Power of Competitors as One of the Forces

question 2

True/False

Porter identified the bargaining power of competitors as one of the forces in his five forces model.

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Definitions:

Eye Contact

The act of two individuals looking directly into each other's eyes, often conveying interest, attention, or confidence.

Cultural Uncomfortable

The feeling of unease or awkwardness that can occur when experiencing or interacting with cultures different from one's own.

Illustrator

A professional or tool specializing in creating visual illustrations or artwork, often used in books, magazines, websites, and other media.

Physical Environment

Refers to the tangible surroundings in which individuals and organisms exist, including both natural and man-made settings.