Mobility Barriers

question 71

Multiple Choice

Mobility barriers:

• A) allow industries to change their strategy and compete in an alternate strategic group.
• B) inhibit the movement of companies between strategic groups in an industry.
• C) inhibit companies from shifting between suppliers for raw materials.
• D) are factors that operate outside of an industry.
• E) exclude the barriers to entry into a group and the barriers to exit from a company's existing strategic group.

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Definitions:

Motivation Model

Theoretical frameworks that aim to explain the drive behind individuals' actions, desires, and needs.

Deficiency Needs

In Maslow's hierarchy of needs, these are the basic requirements for physical and psychological well-being that individuals are motivated to fulfill before achieving higher level growth needs.

Growth Needs

Psychological desires for personal development, improvement, and the achievement of one's potential.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, structured as a pyramid with the most fundamental needs at the bottom and self-actualization at the top.