_____ 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

---

Definitions:

Tight Culture

refers to a workplace or organization where there are strong norms and expectations for behavior, leading to high conformity among members.

Social Norms

Accepted behaviors and beliefs that are considered acceptable in a society or social group.

High-context Culture

A culture in which communication is largely implicit, meaning is derived from context, non-verbal cues, and between-the-lines interpretation rather than explicit words.

Gestures

Movements of the body, especially the hands and arms, that express ideas or feelings, or communicate specific messages without words.