A High Threat of New Entrants Keeps Pricing Pressures on Existing

question 64

True/False

A high threat of new entrants keeps pricing pressures on existing firms, keeping consumers happy and making the industry attractive and profitable.

---

Definitions:

Instrumentality

A belief or expectation that a particular level of performance will lead to specific outcomes or rewards.

Utility Reactions

The perceived usefulness and the positive or negative responses of individuals towards a particular intervention or program.

Return on Expectations

A measurement of the success of a project or investment based on the fulfillment of the stakeholders' initial expectations and objectives.

Perceived Support

The degree to which individuals believe their organization or social network provides them with assistance, care, and encouragement.