In Porter's Five Forces Model the Linkages Depicts How Competitive

question 28

True/False

In Porter's Five Forces Model the linkages depicts how competitive forces are deployed in an organization.

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Definitions:

Normal Good

A good for which demand increases as the income of the individual or economy increases, and decreases when the income decreases.

Income Increases

Refers to the rise in the monetary earnings of individuals or entities over a period.

Sushi

A traditional Japanese dish made of vinegared rice, often accompanied by various ingredients such as seafood, vegetables, and occasionally tropical fruits.

Equilibrium

The state in a market where supply equals demand, and there is no external pressure for the market price or quantity to change.