_____ Is One of the Five Forces of Michael Porter's

question 65

Multiple Choice

_____ is one of the five forces of Michael Porter's five forces analysis.

• A) Competitors in an industry
• B) Governmental regulations
• C) Economic elements
• D) Geographic origin of an industry
• E) Cultural and social trends affecting an industry

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Definitions:

Building Relationships

The process of developing connections with others based on trust, respect, and mutual understanding.

Leading Versus Doing

The distinction between guiding, directing, and motivating others to achieve a goal (leading) versus personally executing tasks and activities (doing).

Expectancy Theory

A psychological theory stating that an individual's motivation to engage in an activity is influenced by the expected outcome and the value of that outcome to the individual.

Expectancy

In psychology, a theory that explains the motivation behind choices, suggesting that people are motivated to act in a certain way because they expect their actions will lead to their desired goal.